Posted on 29 Jul 2011
Scrap
- Turkish scrap import prices have gone up by $3 per tonne to $471 per tonne CFR for HMS 1&2 80:20 and $476 per tonne CFR fro shredded scrap – source: SBB
- Turkish domestic scrap prices is being traded at $424-459 per tonne ($24 higher than the second week of July) – source: SBB
- German scrap prices fell between Euro 5-12 per tonne in July, depending on grade – source: SBB
- US container HMS scrap 80:20 (1&2) to Malaysia at $490 per tonne C&F – source: Yieh
Semis
- LME three-month official billet contract remained steady at $590-600 per tonne- source : MB
- Turkish mini mills reduce billet prices to $695-700 per tonne FOB on week export demand – source: MB
- Billet import prices continued to rise in SE Asia. Billet from Korea to Philippines has been booked at $680-685 per tonne CFR, to Malaysia at $680-685 per tonne CFR – source: SBB
- Billet prices edge higher in northern China. In Hebei province's Tangshan city, ex-work price up by RMB20 ($3) to RMB4,400 ($689) with 17% VAT – source: SBB
Bar
- French rebar price dropped by Euro 10 per tonne to Euro530-540 per tonne ($758-772) – source: SBB
