News Room - Steel Prices

Posted on 27 Aug 2010

Steel prices report as of August 27, 2010

Scrap prices

-          Scrap price in Germany for August: old scrap at 220.8 €/t, old heavy scrap at 251.6 €/t, shredded 251.8 €/t, new arising 275.7 €/t

Semi-finished steel prices

-          Billet delivered next month at CFR 560-570 USD per tone in main Persian Gulf port – Metal Bulletin

Rebar prices

-          Rebar delivered next month at CFR 600 -610 USD per tone in Persian Gulf port – Metal Bulletin

-          Turkish delivered next month at CFR 610-620 USD per tone – Metal Bulletin

Hot rolled coil prices

-          5-12mm commercial grade HRC in China at 604-608 USD per tone on August 25 – Metal Bulletin

-          Vietnamese commercial grade HRC at $600-610 per tone this week – Metal Bulletin

-          Taiwan’s hot rolled product price dropped by 1,132 NTD per tonne on August 25 – Yieh