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May.19.2019 1USD=6.8859RMB
  SteelHome >>Steel>>Steel Statistics>>Production Cost
 
SteelHome: Production Cost of Steel Mills (March 1-8, 2019)

http://en.steelhome.cn [SteelHome] 2019-03-11 11:23:05

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As of March 8, SteelHome’s estimates of hot metal cost at Chinese large and medium-sized steel mills, averaged 2185.11 yuan/t (US$ 325) before 16% VAT, up 4.79 yuan/t (US$ 0.7).

The cost to produce 20mmHRB400 rebar was 3536.56 yuan/t (US$ 526), down 10.11 yuan/t (US$ 1.5), and the cost to produce 5.75mmQ235 HRC was 3391.56 yuan/t (US$ 504.4), up 4.89 yuan/t (US$ 0.7).

         T1: Hot Metal Cost Estimates

Yuan/T

March 8,19 (Pretax)

March 1,19 (Pretax)

Change

March 8,19 (Tax included)

March 1,19 (Tax included)

Change

Seaborne Ore Ratio[2]

Liaoning

2212.07

2212.07

0

2566

2566

0

Medium

Hebei

2082.99

2082.99

0

2416.27

2416.27

0

High

Shanxi

2048.71

2048.71

0

2376.5

2376.5

0

Medium High

Shandong

2088.5

2088.5

0

2422.66

2422.66

0

High

Jiangsu

2096.1

2098.94

-2.84

2431.48

2434.77

-3.29

High

Anhui

2155.91

2163.88

-7.97

2500.86

2510.1

-9.24

Medium High

Fujian

2190.3

2190.3

0

2540.75

2540.75

0

Medium High

Jiangxi

2290.97

2256.84

34.13

2657.52

2617.93

39.59

Medium High

Hubei

2216.72

2216.72

0

2571.4

2571.4

0

Medium High

Hunan

2163.45

2140.69

22.76

2509.6

2483.2

26.4

Medium High

Guangdong

2261.66

2250.28

11.38

2623.52

2610.32

13.2

High

Sichuan

2413.92

2413.92

0

2800.15

2800.15

0

Medium

Average

2185.11

2180.32

4.79

2534.73

2529.17

5.56

 

Note: Steel mills involved in the table are equipped with an annual capacity of over 5 million tons.

T2: 20mmHRB400 Rebar & 5.75mmQ235 HRC Cost Estimates (tax included)

Yuan/T

20mmHRB400 Rebar

5.75mmQ235 HRC

2019/3/8

2019/3/1

Change

2019/3/8

2019/3/1

Change

Liaoning

3568

3583

-15

3423

3423

0

Hebei

3418.27

3433.27

-15

3273.27

3273.27

0

Shanxi

3375.5

3390.5

-15

3230.5

3230.5

0

Shandong

3424.66

3439.66

-15

3279.66

3279.66

0

Jiangsu

3435.48

3454.77

-19.29

3290.48

3294.77

-4.29

Anhui

3505.26

3530.5

-25.24

3360.26

3370.5

-10.24

Fujian

3543.75

3559.75

-16

3398.75

3399.75

-1

Jiangxi

3659.33

3635.73

23.6

3514.33

3475.73

38.6

Hubei

3575.2

3591.2

-16

3430.2

3431.2

-1

Hunan

3509.6

3499.2

10.4

3364.6

3339.2

25.4

Guangdong

3623.52

3626.33

-2.81

3478.52

3466.33

12.19

Sichuan

3800.15

3816.15

-16

3655.15

3656.15

-1

Average

3536.56

3546.67

-10.11

3391.56

3386.67

4.89

Note:

[1] Medium=65-75%, medium high=75-85%, high=85-95%.

[2] Cost estimates based on spot raw material prices.

[3] 1 USD=6.7235 RMB (Yuan) on Mar.08.

[4] Steel mills involved in the table are equipped with an annual capacity of over 5 million tons.


(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932)
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