Posted on 13 Jul 2011
Scrap
- Japanese H2 grade scrap auction price increased by Yen1,530 ($19) from last month to Yen 35,350 per tonne (($442) fas – source: SBB
Bar
- Turkish rebar export price to Lebanon, Syria and Iraq rose by $45 to $740-745 per tonne CFR Persian Gulf – source: MB
- Domestic rebar prices in Saudi Arabia remained unchanged at 2,750 riyals per tonne ($730) – source: MB
- Taiwan's largest rebar producer, Feng Hsin Iron & Steel in Central – West Taichung, lowered its domestic rebar prices by TWD200 ($7), taking its ex-works list price for medium-sized SD280 rebar to TWD20,400 per tonne ($706) – source: SBB
Hot rolled coil prices
- China's Wuhan Steel will keep its HRC prices unchanged – source: Reuters
- Offers for HRC in Persian Gulf fell by $10 to $730-750 CFR for August delivery – source: MB
- Ukrainian HRC prices are ranging between $675 per tonne FOB Mariupol to $690 per tonne FOB Black Sea and Russian HRC price are $680-700 per tonne Black Sea – source: SBB
