Posted on 09 May 2012
Scrap
- US container HMS 80:20 (1&2) to Taiwan at $438 – 443 per tonne C&F, down by $5 per tonne – source: Yieh
Semis
- Black Sea billet prices slipped again. Importers are targeting $600 per tonne CFR Bartin – source: SBB
- North China’s billet prices declined further. Tangshan City, ex-works prices for 150x150mm, Q235 billet dropped by RMB10 per tonne ($2) to RMB 3,670 ($582), with 17% VAT on a cash-payment basis – source: SBB
- Billet import prices into the Gulf Co-operation Council countries down to $640-650 per tonne CFR for 100mm x 100mm billet – source: MB
Bar
- Northern China’s rebar prices offer for 18-25mm diameter HRB 400 declined by RMB 10-30 per tonne ($2-5) to RMB 4,270-4,280 per tonne ($677-679) – source: SBB
HRC
- US HRC reference price FOB Midwest mill fell to $670 per short ton ($739), $81 per short ton down – source: SBB
