News Room - Steel Prices

Posted on 24 Aug 2010

Steel prices report as of August 24, 2010

Scrap prices

-          Composite scrap (HMS1) for September shipment at CFR 404 USD/tonne from USA to Korea - SBB

-          80:20 scrap at CFR 390-395 USD per tonne from Central America to Southeast Asia - SBB

-          Shredded at CFR 410 USD/ tonne from USA to China - SBB

-          70:30 shredded and HSM at CFR 414 USD per tonne from West Coast USA to Vietnam - SBB

Semi-finished steel prices

-          Local billet China at 3,900 Yuan (575 USD per tonne) –Metal Bulletin

-          Billet at USD 580-600 USD per tonne from Turkey to Southeast Asia – Yieh

Rebar prices

-          Singapore’s domestic rebar at USD850-855 per tonne (for this week) – Metal Bulletin

-          Taiwan’s domestic rebar price at 20,000 NTD per tonne - Yieh

Hot rolled coil prices

-          Indonesia’s domestic HRC price at USD836-847 (for this week) – Metal Bulletin

-          3-12mm SS400B HRC at CFR 610 USD per tonne from China to Vietnam - SBB