Posted on 30 Apr 2014
Long products
- In Beijing, prices for grade III rebar were at 3,190-3,230 ($517-524) yuan per tonne, up 20 yuan ($3) per tonne from Monday – source: MB
Flat products
- China’s base export transaction prices for June shipment commercial-grade, boron-containing HRC were at $515-520 per tonne fob on Monday April 28, down $5 per tonne from a week ago – source: MB
- Chinese export offers for the same product were flat over the same period, at $515-520 per tonne fob for June shipment – source: MB
- Steel First's export price assessment for CIS-origin HRC stood at $520-545 per tonne fob Black Sea on Monday April 28, up from $510-$535 per tonne fob a week ago – source: MB
Steel Prices in other countries
Scrap
- Metal Bulletin’s daily index for HMS 1&2 (80:20) scrap closed at $367.68 per tonne cfr on Tuesday April 29, unchanged day-on-day – source: MB
Semis
- Slab imports were prevailing at $530-540/metric ton CFR East Asia this month – source: SBB
- A trader in Taiwan said re-rollers were unlikely to accept a slab price higher than their last purchases of re-rolling slab at $520/mt CFR – source: SBB
- Steel First's price assessment for CIS-origin export billet stood at $490-500 per tonne fob Black Sea on Monday, down from $500-505 per tonne on the same terms a week ago – source: MB
Bar/ Wire rod
- The cargo of around 100,000 mt to UAE was sold at $577-585/mt CFR Dubai – source: SBB
- Steel First's price assessment for rebar imports into the UAE was $570-580 per tonne cfr on a theoretical weight basis, up from $565-575 per tonne cfr the week before – source: MB
HRC/P
- US HRC prices level at $680-690/st – source: SBB
- Steel First's export price assessment for CIS-origin HRC stood at $520-545 per tonne fob Black Sea on Monday April 28, up from $510-$535 per tonne fob a week ago – source: MB
