Steel price report as of February 24, 2015

Posted on 24 February 2015

Steel Prices in Other Countries


  • The Vietnamese Ministry of Finance indicates that the average value of scrap imports by Vietnam during Jan ’15 amounted to $318.20 per ton, down by $19.60 per ton during the previous month. - source: Scrap Monster



  • Platts’ assessment price for slabs was $380-385/mt CFR East Asia. - source: Platts


  • CIS mills have mainly sold out their March-production billet in the price range of $355-365 per tonne fob, three market participants said. source: Steel First


Bar/ Wire rod

  • Market prices for base-sized SD295 rebars in Tokyo to Yen 59,000-60,000/mt ($496-504/mt). – source: Platts


  • Turkish mills’ rebar export offers remained relatively stable w-o-w at $435-440/mt on Monday. – source: Platts




  • Indian hot rolled coil (HRC) export prices have fallen by $10 to $430-435 per tonne fob Western Indian ports over the past two weeks. - source: Steel First


  • Ukraine offered HRC at $410 per tonne cfr last week but deals were made this week at $390-395 per tonne cfr. - source: Steel First


  • Platts kept its assessment of northwest European hot rolled coil stable on Monday at €412/mt ex-works Ruhr. – source: Platts

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