Steel price report as of May 29, 2013

Posted on 29 May 2013


-          Scrap import price in Turkey down to $355/mt CFR – source: SBB


-          Cash prices for the semi-finished product moved up to $130-140 per tonne, from $125-135 per tonne on the previous day of trading - MB


-          A US-based rebar trader said prices came down from the previously discussed $595/mt CFR Houston level to about $585/mt CFR Houston– source: SBB


-          In Columbia, HRC is being traded domestically at approximately $760-770/mt, compared with $810-$820/mt in April – source: SBB



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