Posted on 17 Jan 2012
Scrap
- Tokyo Steel cut its purchase price for domestic scrap by 500-1,000 Yen per tonne for all grades, effective for arrivals on January 16 – source: MB
- New delivered prices for H2 are 32,000 Yen per tonne at Okayama works and 32,500 Yen per tonne at Kyushu and Utsunomiya – source: MB
- Taiwan’s import prices of containerized scrap maintained at $453-458 per tonne – source: Yieh
Semis
- Three-month LME steel billet prices unchanged at $539-540 per tonne on January 13 – source: MB
Bar
- CIS rebar producers are raising offer prices by $20 per tonne to $670-680 per tonne FOB Black Sea for February production – source: MB
HRC
- South Korea’s Hyundai Steel is raising HRC prices by $20-30 per tonne to $700 per tonne CFR Southeast Asia for February shipment – source: MB
- Japan’s 30,000 tonnes of 2 mm SAE 1006 HRC to Vietnam was booked at $636 per tonne CFR, from Russia at $610 per tonne CFR Vietnam – source: SBB
- Chinese 3-12 mm SS400 B HRC at $615 per tonne CFR Vietnam – source: SBB
