11/06/2025
Here’s a detailed analysis of Jam Steel’s export price update for June 9, 2025: https://semtco.com/steel-price/
📦 Overview of Export Prices (EXW/FOB – factory prices)
1. (Deformed Bars)
• A3 (Ø12–32 mm): $438–$448/t
• A4 (Ø14–32 mm): $445–$465/t
• B500B (Ø14–32 mm): $450–$475/t
• A2 (Ø8 mm): $460/t
2.
• Ribbed (Ø8–12 mm, grades A3/A2): $504/t
• Smooth (grades 1006–1008): $486–$519/t
3. / /
• Slab (all sizes): $416/t FOB
• Billets (100–200 mm): $389–$419/t EXW
4.
• Hot-rolled (2.5 mm): $576/t + extras
• Cold-rolled (3–40 mm ST44): $526/t + extras
• Galvanized (0.25–0.4 mm): $626–$806/t
• Color-coated: $808/t
5.
• IPE12: $530/t
• IPE14: $490/t
• IPE16/18/20: $465–$540/t
• IPE22–27: $520–$690/t
• IPE30: $740/t
6.
• ERW carbon steel (2–6 mm): $898–$923/t
• Galvanized pipes: $883/t FOB
• Spiral pipe (8–120″): $638/t FOB
7. (UE / UPN)
• UE60–UE180: ~$520–$524/t
• UPN80–UPN140: $524–$530/t
• UPN160–UPN200: $490–$500/t
8.
• Sizes 25×25 to 80×80 mm: $459–$514/t depending on dimensions
• Larger or custom sizes: price on request
9.
• 2–3 mm thickness: $565/t EXW (FCA + $25)
10.
• Hematite lumps 50–61 % Fe: $20–$57/t FOB
• Magnetite lumps 50–62 % Fe: $20–$63/t
• Iron sponge: $242/t FOB
11.
• Iron ore pellets (61–67 % Fe): $42–$57/t FOB
📊 Market Trends & Drivers
1. Stable Yet Competitive Pricing
Jam Steel’s rebar, wire rod, and billet prices are largely flat compared to earlier 2025 quotes, indicating a steady regional supply. Galloping global demand—especially for rebar—keeps prices firm
2. Premium for High-Demand I Beams
I Beam prices, especially sizes IPE22–30, range from $520 to $740/t. This steep rise in larger profiles reflects ongoing infrastructure and shipbuilding demand
3. Sheet & Coated Products Carry Value-Adds
With galvanized and color-coated sheets priced $626–$808/t and hot-rolled at $576/t, value-added surface treatments are clearly driving up prices
4. Iron Ore & Pellets: Tiered Quality Strategy
Pricing of iron ore lumps and pellets follows a standard tier structure (Fe-content vs price). The choice of 50 % (base price $20/t) to 61–67 % (~$50–57/t) grades is attractive for buyers managing blend requirements
5. Regional vs Global Comparison
Compared to global benchmarks—like Western Europe’s hot-rolled coil at ~$715/t per Steel Benchmarked—Jam Steel offers Asian export customers a cost advantage ($576/t for HRC). However, shifts in China’s domestic pricing (rebar down segmented by SMM) could impact future competitiveness
🔍 Strategic Insights
• Focus on Infrastructure-Grade Supply
The premium on large I-beams and coated sheet implies targeting deep-pocket buyers in construction/shipbuilding sectors.
• Value-Add Strategy
Continued focus on coated products (galvanized, color-coated) will appeal to markets requiring finished goods rather than raw steel inputs.
• Inventory Positioning
Stable rebar and billet pricing suggests Jam Steel is aligning production with export demand, avoiding domestic volatility.
• Ore-to-Product Integration
With a full price range from ore to final products, Jam Steel can offer bundled procurement strategies to traders and mill integrators, with margin optimization.
• Watch China & Regional Developments
Movement in China’s prices (20 % cut in rebar/wire rod on June 9) could prompt similarly price flex in export grades. Steel Benchmarked data also hints at pressure on European and Asian markets.
🔮 Outlook & Recommendations
• Short-Term: Expect steady to marginally rising prices in structural and coated segments, especially if China maintains domestic cuts.
• Mid-Term: Potential overall export price compression if global inventories increase or downstream consumption slows.
• Long-Term: Investment in value-added finishing (e.g., coated sheets, ready-to-use profiles) could buffer against raw steel price cyclicality.
✅ Final Take
Jam Steel’s June 9 price update demonstrates a strategic export portfolio: foundational raw materials (ore, billets), essential structural products (rebar, beams), and premium finished goods (galvanized, color-coated sheets). Prices are stable and competitive for the mid 2025 market, with scope to tap growth in value added steel sectors. Continuous monitoring of global raw material and structural steel trends will be crucial for maintaining pricing advantage.
Let me know if you’d like a deep dive into a specific product line, trend comparison over time, or competitor benchmarking.