Steel price report as of October 7, 2010

Posted on 07 October 2010
 

Scrap

-          Scrap prices in Taiwan from a US large-scale scrap mill at 355-360 USD per tonne.  - source: Yieh

Semi-finished steel prices

-          CIS billet down to 540 USD per tonne CFR Persian Gult for October production and delivery – source: MB

-          Steel Authority of India (SAIL) offered 100x100 mm billets at 631.8 USD per tonne – source: MB

-          Bushan Steel offered 100x100 mm and 125x125 mm billets at Rs 24,750 per tonne ex-works Orissa – source: MB

Rebar prices

-          Tokyo drop rebar price by $12 to 697-709 USD per tonne for base sized product – source: SBB

-          Some Taiwan's steel mills reduce rebar price to 589 USD per tonne ; source: Yieh

Hot rolled coil prices

-          EU HRC at 520-530 Euro per tonne CFR – source: MB

-          Vietnam's domestic HRC price down by $5, pipe making HRC of 2mm thickness at 693-698 (including 10% VAT), offer price for same grade from Taiwan and Korea at 640-650 USD per tonne CFR – source: SBB

 

 

 



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