Steel price report as of September 28, 2010

Posted on 28 September 2010
 

Scrap

-          India's HMS 1&2 (80:20) down to 380-390 USD per tonne CFR – source: MB

-          German's shredded scrap price rose to 271.9 Euro per tonne CFR for September, old scrap price rose to 242.4 Euro per tonne for September – source: SBB

Semi-finished steel prices

-          CIS billet offer down by 15 USD per tonne to 535-540 USD per tonne, FOB Black Sea – source: SBB

Rebar prices

-          Shanghai January rebar price down tto 636 USD per tonne – source: MB

-          Taiwan's rebar price unchanged, Feng Hsih medium sized SD280 rebar at 617 USD per tonne – source: SBB

Hot rolled coil prices

-          HRC futures in China down to 4,160 Yuan per tonne – source: MB

-          China's export offer of HRC fall to 600 USD per tonne – source: MB

-          Shanghai's commercial 5-12 mm HRC down to 631-632 USD per tonne- source: MB

-          Vietnam HRC re-export offer at 600-620 USD per tonne CFR – source; SBB



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