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          Nov.07.2025 1USD=7.0865RMB
          Steel
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          Raw Material
          Iron Ore Price Index
          Coal Price Index
          Coke Price Index
          Semis Price Index
          Scrap Price Index
          Ferroalloy Price Index
          Raw Materials Price Index
          Raw Materials Price Curve
          Nonferrous
          Nonferrous Price Index
          Nonferrous Price Curve
          Cement
          Cement Price Index
          Methodology
          Steel Price Index
          Iron Ore Price Index
          Coal Price Index
              SteelHome>>Instruction  
          SteelHome Price Index Collection
          SteelHome, set up in 2004, initiated price indices in China steel industry. The indices cover steel, raw materials, coal/coke and base metals in and out China. The data has been widely used by producers, users, traders, researchers and data terminals.
          Part of index users:
          In China: Baosteel, Anshan Steel, Hebei Steel Group, Shagang, Shandong Steel Group, Maanshan Steel, China Railway Materials Group, Minmetals, Shanghai Futures Exchange, Dalian Commodity Exchange, Wind and so on.
          Out of China: World Steel Dynamics, Metal Bulletin, Thomson Reuters, Bloomberg, ArcelorMittal, POSCO, ThyssenKrupp, Vale, Rio Tinto, BHP Billiton, Mechel, Tech Resources, Macquarie Bank, Jefferies and so on.
          Table: SteelHome Price Indices
          Items Products Full Name Abbreviation
          Steel Steel SteelHome China Steel Price Index SHSPI
          Longs SteelHome China Steel Price Index - Longs SHSPI-L
          Flats SteelHome China Steel Price Index - Flats SHSPI-F
          Special Steel SteelHome China Steel Price Index - Special Steel SHSPI-S
          Stainless Steel SteelHome China Steel Price Index - Stainless Steel SHSPI-SS
          Wire Rod SteelHome China Steel Price Index - Wire Rod SHSPI-WR
          Rebar SteelHome China Steel Price Index - Rebar SHSPI-RB
          Sections SteelHome China Steel Price Index - Section Bar SHSPI-SB
          Medium Plate SteelHome China Steel Price Index - Medium Plate SHSPI-MP
          HRC SteelHome China Steel Price Index - HR Coil SHSPI-HR
          CRC SteelHome China Steel Price Index - CR Coil SHSPI-CR
          Quality Wire SteelHome China Steel Price Index - Quality Wire SHSPI-QW
          Carbon & Alloy Structural Steel SteelHome China Steel Price Index - Carbon & Alloy Structural Steel SHSPI-CA
          Strip SteelHome China Steel Price Index - Strip SHSPI-Strip
          Welded Pipe SteelHome China Steel Price Index - Welded Pipe SHSPI-WP
          Seamless Pipe SteelHome China Steel Price Index - Seamless Pipe SHSPI-SP
          Raw Materials Raw Materials SteelHome China Raw Material Price Index SHMPI
          Hot Metal Cost SteelHome China Cost Index - Hot Metal SHCOSTPI-Hot Metal
          Iron Ore SteelHome China Iron Ore Price Index SHOPI
          Domestic Iron Ore SteelHome China Domestic Iron Ore Price Index SHDOPI
          Imported Iron Ore SteelHome China Imported Iron Ore Price Index SHIOPI
          Port Ore SteelHome China Spot Iron Ore Price Index SHSOPI
          Coke SteelHome China Coke Price Index SHCKI
          Coal SteelHome China Coal Price Index SHCLI
          Coking Coal SteelHome China Coking Coal Price Index SHJMPI
          Coke Cost SteelHome China Cost Index - Coke SHCKI-C
          Domestic Coking Coal SteelHome China Domestic Coking Coal Index SHJMI
          Imported Coking Coal SteelHome China Imported Coking Coal Index SHJMI-I
          Thermal Coal SteelHome China Thermal Coal Price Index SHTCI
          PCI SteelHome China PCI Price Index SHPCIPI
          Semis SteelHome China Semis Product Price Index SHSPPI
          Slab SteelHome China Semis Product Price Index - Slab SHSPPI
          Billet SteelHome China Semis Product Price Index - Billet SHSPPI-Billet
          20MnSi Billet SteelHome China Semis Product Price Index - 20MnSi SHSPPI-20MnSi
          Tangshan Billet SteelHome China Cost Index - Tangshan Billet SHCOSTPI-Billet
          Scrap SteelHome China Ferrous Scrap Price Index SHFSPI
          Ferroalloy SteelHome China Ferroalloy Price Index SHFPI
          Ferrosilicon SteelHome China Ferroalloy Price Index - Ferrosilicon SHFPI-FeSi
          Ferrosiliconmanganese SteelHome China Ferroalloy Price Index - Ferrosiliconmanganese SHFPI-FeMnSi
          Ferrochrome SteelHome China Ferroalloy Price Index - Ferrochrome SHFPI-FeCr
          Global Global SteelHome Global Steel Price Index SHGSPI
          Flats SteelHome Global Steel Price Index - Flats SHGSPI-F
          Longs SteelHome Global Steel Price Index - Longs SHGSPI-L
          America SteelHome Global Steel Price Index - America SHGSPI-America
          Europe SteelHome Global Steel Price Index - Europe SHGSPI-Europe
          Asia SteelHome Global Steel Price Index - Asia SHGSPI-Asia
          China SteelHome Global Steel Price Index - China SHGSPI-China
          SDI Steel Dynamics SteelHome China Steel Price Dynamics Index SHSDI
          Base Metals Nonferrous Metals SteelHome China Nonferrous Metal Price Index SHNMPI
          Copper SteelHome China Nonferrous Metal Price Index - Copper SHNMPI-CU
          Aluminum SteelHome China Nonferrous Metal Price Index - Aluminum SHNMPI-AL
          Zinc SteelHome China Nonferrous Metal Price Index - Zinc SHNMPI-ZN
          Lead SteelHome China Nonferrous Metal Price Index - Lead SHNMPI-PB
          Nickel SteelHome China Nonferrous Metal Price Index - Nickel SHNMPI-NI
          Tin SteelHome China Nonferrous Metal Price Index - Tin SHNMPI-SN
          Antimony Ingot SteelHome China Nonferrous Metal Price Index - Antimony Ingot SHNMPI-SB
          Sponge Titanium SteelHome China Nonferrous Metal Price Index - Sponge Titanium SHNMPI-TI
          Magnesium Ingot SteelHome China Nonferrous Metal Price Index - Magnesium Ingot SHNMPI-MG
          Gold SteelHome China Nonferrous Metal Price Index - Gold SHNMPI-AU
          Silver SteelHome China Nonferrous Metal Price Index - Silver SHNMPI-AG
          Cement Cement SteelHome China Cement Price Index SHCEMENTPI
          Methodology
          As a vital part of SteelHome Price Index system, SHPI is established by the initiator of SteelHome website, Mr. Wu Wenzhang and his work team with their profuse experience in steel market research. With the benchmark date being set on Sep 28, 2004, the day that Shanghai SteelHome Information Technology Co., Ltd registered officially, SHPI has come into function in synchronicity with the formal launch of SteelHome website on Nov 1, 2004. In line with statistics theories and advanced data processing technologies, SHPI is devised and compiled on the basis of the particular database developed by SteelHome. It samples dozens of steel products of various grade & specs in 40 plus regional markets and integrates steel consumption structure and volume, being the sole system capable of releasing daily steel price index in the world. SHPI traces the change track of weekly/ monthly/annual average steel product price and reflects the market trend of overall China steel industry in a scientific way. In order to meet variant requirement of clients, SHPI offers comprehensive price and price indices in terms of steel category as well as the average market price curve of representative products/ grades/ specs. SHPI keeps you abreast of the price dynamics in China steel market and provides you another novel & efficient tool to analyze and research China steel market.

          Formulas
          SHSPI= SHSPI=(SHSPI-L*Wl+SHSPI-F*Wf+SHSPI-S*Ws+SHSPI-SS*Wss)/(Wl+Wf+Ws+Wss). W=weight
          SHMPI= SHMPI=(SHOPI*Woi+SHCKI*Wcki+SHFSPI*Wfsi+SHFPI*Wfi)/(Woi+Wcki+Wfsi+Wfi). W=weight
          SHGSPI= SHGSPI=(SHGSPI-F*Wf+ SHGSPI-L*Wl)/(Wf + Wl)
          SHSDI= SHSDI=((Prb.i*Wrb+Phc.iWhc)/(Prb.(i-1)*Wrb+ Phc.(i-1)*Whc)*100-100)*10+50. i =today,i-1=a day ago
          SHNMPI= SHNMPI=(SHNMPI-CU*Wcu+SHNMPI-AL*Wal+SHNMPI-ZN*Wzn+ SHNMPI-PB*Wpb+SHNMPI-NI*Wni+SHNMPI-SN*Wsn+SHNMPI-SB*Wsb+SHNMPI-TI*Wti+SHNMPI-MG*Wmg+SHNMPI-AU*Wau+SHNMPI-AG*Wag)/(Wcu+Wal+Wzn+Wpb+Wni+Wsn+Wsb+Wti+Wmg+Wau+Wag). W=weight
          SHCEMENTPI = PCement/PCement-b*100 PCement-b n= cities, P=price, Wc=weight

          Using wire rod for example, price represents the most-traded spot price for the most-used product (specifications), weight is decided according to production and consumption importance of the market, and composite price is calculated from weighted average calculation. SteelHome index is the result of composite price is put against the composite price on the benchmark day Sep 28, 2004, the day when SteelHome is found.
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