Posted on 23 Jan 2013
China’s Steel Prices
Flat
- China’s base export offers for CRC stood at $680-685 per tonne fob for April shipment, up $10 per tonne from last week – source: MB
- China’s prices for 2.75mm HRC surged by RMB 2 per tonne to RMB 4,224 per tonne; prices for 1.0mm CRC remain unchanged at RMB 4,763 per tonne – source: SBB
- Q235 5.5mm prices were up Yuan 10-20/mt ($1.6-3.2/mt) in Shanghai to Yuan 4,100- Tuesday, 22 Jan 13 ? Steel Business Briefing 2013 3/15On Monday, Q235 5.5mm prices were up Yuan 10-20/mt ($1.6-3.2/mt) in Shanghai to Yuan 4,100- 4,130/metric ton ($659-664/mt) with 17% VAT – source: SBB
Steel Prices in other countries
Semis
- CIS billet export offers have remained stable at $530-540 per tonne fob – source: MB
- The London Metal Exchange’s three-month steel billet contract price increased to $320-330 per tonne on Tuesday January 22, from $290-300 per tonne on Monday – source: MB
Bar
- Malaysia’s rebar of 16mm or thicker is being offered at 2,130-2,150 ringgit ($697-704) per tonne on a locally delivered basis, compared with 2,100-2,120 ringgit last week – source: MB
