News Room - Steel Prices

Posted on 26 Jan 2012

Steel price report as of January 26, 2012

Scrap

-          Saudi Arabian domestic scrap prices steady at $333 per tonne for low grade – source: SBB

Semis

-          LME cash official prices for billet rose to $519-520 per tonne – source: MB

Bar

-          Export offers from Turkish mill down by $10-15 to $650 per tonne FOB – source: SBB

-          Russian domestic rebar prices at $640-690 per tonne exw and is seeking to rise by $10 per tonne m-o-m –source: MB

-          Emirates Steel domestic rebar price unchanged at $700 per tonne – source: MB

HRC

-          Turkish domestic HRC price down to $640-660 per tonne – source: SBB