Market context

China steel market snapshot

Three public indicators that move the cost of shipbuilding plate — domestic steel pricing, iron ore, and the dry-bulk freight that gets it to port — summarized here for context. This is not a live feed: it is a dated snapshot from public sources, refreshed manually, not the kind of thing to trade or price a contract against on its own.

Snapshot as of 2026-09-17. Figures are indicative, sourced from the public providers linked below, and will not update automatically — for a firm price on a specific order, request a quote.

China domestic steel (SHFE rebar benchmark)

¥3,121 / t

Up roughly 3% over the past month

The most widely quoted domestic proxy for Chinese steel pricing; plate pricing tracks it directionally but is not identical. Chinese mill associations have recently urged voluntary output curbs to work down inventory.

Source: Trading Economics

62% Fe iron ore, CFR China

US$100 / t

Trading in a roughly US$93–100/t band since June

The main input cost for steelmaking; softer Chinese mill output has kept the benchmark range-bound rather than trending sharply in either direction.

Source: Trading Economics

Baltic Dry Index (dry-bulk freight)

~3,620 pts

Up sharply this year, near a multi-year high

Tracks capesize/panamax/supramax dry-bulk charter rates — not container rates, but the best public proxy for how expensive bulk ocean freight has become, relevant to landed cost on large-tonnage orders.

Source: Baltic Exchange

These figures are general market context, not a price quotation, and are not investment or trading advice. They are pulled from public data providers at a point in time and may already have moved by the time you are reading this — always confirm current pricing directly.

Tell us the grade, thickness and tonnage.

These indicators move the cost base, but your actual price depends on grade, thickness, quantity and destination — send a specification for a firm number.