Steel price report as of September 23, 2010

Posted on 23 September 2010
 

Scrap

-          HMS1&2 (80:20 mix) from Europe, Middle East & Africa to Vietnam down to 390-400 USD per tonne CFR – source: MB

Semi-finished steel prices

-          Billet offer to SE Asia from Russia, CIS, Taiwan, Malaysia this week down to 580-590 USD CFR this week- source: MB

-          Tangshan's billet up by 3 USD per tonne on Monday to RMB 3,880 per tonne for 150x150 mm Q235 – source: SBB

Rebar prices

-          CIS's rebar at 590-600 USD per tonne FOB Black Sea for September/ October rolling -source: MB

-          Some Ukrainian mills deal rebar at 580 USD per tonne FOB Black Sea for Oct rolling -source: MB

-          Western Europe offer 590 USD per tonne FOB to Africa source: MB

-          Shanghai's January rebar down to 644 USD per tonne on future exchange- source: MB

-          Grade III rebar at 4,330-4,470 Yuan per tonne on 21 September - source: MB

Hot rolled coil prices

-          Russian HRC at 600-605 USD per tonne ex work (excld 18% VAT) - source: MB

 



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