Posted on 06 Jul 2012
Scrap
- Small cargoes of 1,000-2,000 tonnes of HMS 1&2 (80:20mix) from the USA were booked at $390-35 per tonne CFR in Vietnam – source: MB
- MB’s CFR Iskenderun daily ferrous scrap index down slightly to $380 per tonne for HMS 1&2 (80:20) – source: MB
- Japanese H2 scrap in Kanto, Central and Kansai region remained flat at Yen 25,150 per tonne – source: Yieh
Semis
- Billet offers from CIS to Southeast Asia rose by $10-15 CFR to $600-610 per tonne CFR – source: SBB
- In Thailand, CIS billet was booked at $595 per tonne CFR – source: SBB
Bar
- Rebar futures prices in Shanghai fell by $6 per tonne – source: SBB
HRC
- Prevailing export prices for Chinese SS400B HRC 3mm thick and above at $590-595 per tonne FOB, down by $5-10 per tonne – source: SBB
- MMK offered large HRC at $590 per tonne and small at $580 per tonne FOB Black Sea levels- source: SBB
