Steel price report as of October 5, 2010

Posted on 05 October 2010
 

Scrap

-          HMS 1&2 (80:20 Mix) from Europe Middle East to ASEAN down to 370-385 USD per tonne CFR- source: MB

Semi-finished steel prices

-          Billet offers into ASEAN down to 575-595 USD per tonne CFR this week- source: MB

-          Black Sea FOB billet from CIS down to 520 USD per tonne- source: SBB

Rebar prices

-          Vietnam Steel Corp. (VN Steel)'s rebar down to 719-744 USD per tonne, starting October 1 – source: MB

-          Malaysian rebar price unchanged for the tenth week at 643 USD per tonne – source: MB

-          Taiwan's domestic rebar price down $10, medium-sized SD 280 rebar at 607 USD per tonne ex-works including 5% VAT- source: SBB

Hot rolled coil prices

-          Ukraine's offer HRC at 600 USD per tonne CFR including 9% tax to the Turkish import market – source: MB

-          Turkish HRC price up $10 to 640-670 USD per tonne ex-works – source: MB



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