Posted on 08 Jul 2013
China’s Steel prices
- Some major mills in China raised their export offers for SS400 grade
12-30mm boron-added commodity plate by $15-20/metric ton over last week to
$530-535/mt FOB China –source: SBB
- Q235 5.5mm HRC prices were around Yuan 3,520-3,550/metric ton
($574-579/mt) with 17% VAT in Shanghai and Yuan 3,580-3,620/mt with VAT in
Lecong, almost unchanged from the previous day – source: SBB
Steel Prices in other countries
Scrap
-
A steel producer in the Iskenderun region booked
a US cargo comprising 30,000 tonnes of HMS 1&2 (80:20) at $363 per tonne
cfr and 15,000 tonnes of shredded at $368 per tonne cfr on July 3 – source: MB
-
In Vietnam, mills booked 5,000 mt lots of H2 grade scrap at
$346-347/mt CFR this week. Deals for 5,000 mt cargoes of H1/H2 50:50 concluded
a week ago at $355-358/mt CFR Vietnam levels – source: SBB
-
The Platts daily assessment for shredded scrap remained at
$390-395/lt delivered Midwest mill on Friday, up $20 from early June – source:
SBB
-
Export quotes of the US
vessel HMS 80:20 (1&2) to Taiwan are at US$365/ton CFR, rising by US$5/ton
from a week ago – source: Yieh
Semis
-
The London Metal Exchange’s three-month steel
billet contract price rose to $160-170 per tonne on Friday July 5, from
$150-160 per tonne on Thursday – source: MB
Bar
-
The offer range of rebar from most Turkish mills is unchanged
at $575-580/metric ton FOB Turkish ports – source: SBB
-
HRC
-
HRC in the North and South Europe held at
€455-460 ($590-597) per tonne ex-works and €420-455 ($545-590) per tonne
ex-works respectively, unchanged from last week – source: MB
-
Turkish producers are asking $570-575 per tonne
ex-works for HRC, up from last week’s $540-560 per tonne ex-works for base
product – source: MB
-
Ukraine is asking $520 per tonne cfr for HRC, up from last
month’s $505-510 per tonne cfr – source: MB
