News Room - Steel Prices

Posted on 21 Feb 2012

Steel price report as of February 21, 2012

Scrap

-          Shredded scrap price in UK stable at 260-265 Pound per tonne ex-yard- source: SBB

-          Polish scrap prices fell by 19-29 Euro per tonne – source: SBB

-          Japan’s scrap base prices surged to 29,500-32,000 Yen per tonne – source: Yieh

Semis

-          Billet price from CIS rose by $10 per tonne. Ukrainian producers sold billet at $585 per tonne FOB Sea of Azov and $605 per tonne FOB Black Sea – source: SBB

Bar

-          Merchant product and rebar prices in US dropped by $30 per tonne – source: MB

-          Taiwan’s Feng Hsin raised its rebar list price to TWD 20,800 ($704) per tonne ex-work – source: SBB

HRC

-          China’s HRC export price down to $465 per tonne CFR to Vietnam – source: SBB