Posted on 16 Feb 2012
Scrap
- Prices for shredded scrap import to India fell to $460-470 per tonne CFR, from $465-470 per tonne – source: MB
- Latin American container HMS 80:20 (1&2) to S. Korea are at $415-420 per tonne C&F, to Taiwan at $417 per tonne C&F – source: Yieh
Semis
- Indian domestic billet price rose ($12) RS600 to Rs 32,000-32,500 per tonne ex-mill – source: MB
- Billet ex-work prices in Hebei province’s Tangshan City for 150x150 mm Q235 dipped by RMB 10 per tonne to RMB 3,660 per tonne ($588), including 17% VAT on a cash-payment basis – source: SBB
Bar
- In Beijing’s retail market, offers of 18-25 mm diameter HRB 335 at RMB 4,040 – 4,070 per tonne ($646-652) with 17% VAT – source: SBB
HRC
- European domestic HRC price steady at $727-737 per tonne – source: MB
- Hyundai Steel set export price for commodity grade HRC at $710-720 per tonne CFR Southeast Asia for March shipment – source: SBB
- POSCO hiked HRC price by 20,000-30,000 won per tonne – source: Yieh
