Posted on 23 Jan 2012
Scrap
- One West European HMS I/II (70/30 blend) cargo was offered at $430 per tonne CFR Turkish ports – source: SBB
- Japanese H2 scrap price in Kanto, Central and Kansai region was 29,035 Yen per tonne, down by 710 Yen per tonne – source: Yieh
Semis
- CIS billet export market softened by $20 per tonne to $590 per tonne CFR north Turkey or $575 per tonne FOB Black Sea – source: SBB
- LME’s three-month billet contract price steady at $530-540 per tonne – source: MB
- Billet in Turkey down to $610-620 per tonne FOB main Turkish port for February production and delivery – source: MB
Bar
- Southern European rebar export price up to Euro 520-530 per tonne FOB – source: SBB
- Turkish rebar export price dipped by $25 to $660-670 per tonne FOB – source: MB
HRC
- Korean spot prices of HRC remained stable at KRW820,000 – 830,000 per tonne ($717-726) for SS400 grade 30mm – source: SBB
- HRC import prices into Turkey rose to $630-650 per tonne CFR for February delivery – source: MB
- Turkish domestic HRC prices fell by $10 per tonne to $10 per tonne to $650-670 per tonne ex-work – source: MB
