Posted on 27 Aug 2012
Scrap
- Metal Bulletin’s CFR Iskenderun daily ferrous scrap index held steady at $406.12 on an HMS 1&2 (80:20) – source: MB
Semis
- Offer for CIS billet to SE Asian at $590 per tonne CFR, compared to previous transaction at $580 per tonne CFR in end July – source: SBB
- The London Metal Exchange’s three-month steel billet contract price steady at $355-365 – source: mb
Bar
- China’s export prices for HRB 400/ BS460B rebar declined by $5 to $530-540 per tonne FOB – source: SBB
- Turkish rebar price is at $620-630 per tonne FOB for September rolling, down from $625-650 per tonne two weeks earlier – source: MB
HRC
- China’s export prices for SS400 B 3mm thick and above HRC dropped by $10-15 per tonne to $520-530 per tonne, a 32-month low – source: SBB
- Indian domestic price for IS 2062 grade A/B structural HRC, 3mm thick and above at RS 35,000 – 35,500 ($634-643) per tonne ex-works– source: SBB
- Taiwan’s CSC cut HRC price by TWD 806 per tonne for October and November 2012 – source: Steel guru
- China’s 2.75 mm HRC at RMB 3,715 per tonne, down RMB 17 – source: steelhome
