Posted on 24 Feb 2015
Steel price report as of February 24, 2015
Steel Prices in Other Countries
Scrap
- The
Vietnamese Ministry of Finance indicates that the
average value of scrap imports by Vietnam during Jan ’15 amounted to $318.20
per ton, down by $19.60 per ton during the previous month. - source: Scrap Monster
Semis
- Platts’ assessment price for slabs was
$380-385/mt CFR East Asia. - source: Platts
- CIS
mills have mainly sold out their March-production billet in the price range of
$355-365 per tonne fob, three market participants said. source: Steel First
Bar/ Wire rod
- Market prices for base-sized SD295
rebars in Tokyo to Yen 59,000-60,000/mt ($496-504/mt). – source: Platts
- Turkish mills’ rebar export offers
remained relatively stable w-o-w at $435-440/mt on Monday. – source: Platts
HRC/P
- Indian
hot rolled coil (HRC) export prices have fallen by $10 to $430-435 per tonne
fob Western Indian ports over the past two weeks. - source: Steel First
- Ukraine
offered HRC at $410 per tonne cfr last week but deals were made this week at
$390-395 per tonne cfr. - source: Steel First
- Platts kept its assessment of
northwest European hot rolled coil stable on Monday at €412/mt ex-works Ruhr. –
source: Platts
