News Room - Steel Prices

Posted on 01 Sep 2010

Steel prices report as of September 1, 2010

Scrap prices

-          Hyundai Steel’s scrap price at KRW 430-440,000/t ($356-364/t) or even higher for Shindachi grade scrap – Steel Business Briefing

Semi-finished steel prices

-          Vietnam Steel Corp, billet bookings are now at $560-570 per tonne cfr, up from $530-550 cfr in July. – Intel Asia

Rebar prices

-          Vietnam Steel Corp (VNSteel) at 15.36-15.42 million dong per tonne. The retail price for steel products also stood at 15-15.25 million dong per tonne. – Intel Asia

-          VN Steel is offering rebar at 13.9-14.4 million dong ($713-739) per tonne this week – Metal Bulletin

Hot rolled coil prices

-          Middle Eastern hot rolled coil this week at $640-670 per tonne cfr, up from bookings the previous week at $630-650.- Metal Bulletin