Posted on 27 Jun 2012
Scrap
- MB’s CFR Iskenderun daily ferrous scrap index rose to $377.45 per tonne on an HMS 1&2 (80:20) basis – source: MB
Semis
- Billet offer prices to Europe increased to $594-595 per tonne CFR Morocco- source: SBB
Bar
- Taiwan’s rebar price at TWD 19,800 ($660) per tonne ex-works – source: SBB
- Rebar import prices into the Gulf Co-operation Council countries (GCC) is stable at $640-660 CFR per tonne – source: MB
- Southern Europe rebar export price fell $13 per tonne to $619-631 per tonne FOB – source: MB
HRC
- Korea’s Hyundai Steel sold 2mm thick SAE 1006 HRC for August Shipment at $622-625 per tonne CFR to Vietnam – source: SBB
- Taiwan Chung Hung Steel cuts HRC prices by NTD 350 per tonne – source:Yieh
- China’s export prices for HRC fell below $600 per tonne – source: MB
