Posted on 07 Feb 2011
Scrap
- MB's daily scrap index calculated scrap price at 493.54 USD per tonne CFR Iskenderun on a HMS 1&2 (80:20 mix) – source: MB
- US shredded scrap price declined by $18 per long ton to an average of 456 USD per long ton – source: SBB
- Turkish scrap reference price fell $6 per tonnes to 490 USD per tonnes CFR Iskenderun port – source: SBB
- Indian containerized shredded scrap import price lower to 475 USD per tonne CFR Nhava Sheva port – source: SBB
Semis
- CIS Steelmakers raised slab export price by $50 per tonne to 650-685 USD per tonne FOB Black Sea – source: MB
- Indian billet prices reduced to Rs 28,500 – 29,000 per tonne ex-works – source: MB
Hot rolled coil prices
- Pakistan HRC is sold at PKR 72,000-83,000 ($834-961) including taxes ($301 per tonne) – source: SBB
- Spanish HRC price at Euro 620-630 per tonne ($842-856) – source: SBB
