Posted on 02 Feb 2011
Scrap
- Scrap deliveries CFR Nhava Sheva are at 480 USD per tonne, down from offers quoted at 495 USD per tonne on Friday – source: MB
- US domestic shredded scrap price at 474 USD a long ton, down $3 per long ton – source: SBB
Bar
- Middle Eastern rebar prices ranked at 700-710 USD per tonne CF main gulf port- source: MB
- Taiwan's rebar producers, Feng Hsin's ex-works list price for medium-sized SD280 rebar was at TWD 21,300 and Hai Kwang Enterprise Corp's at TWD 20,800 per tonne – source: SBB
Hot rolled coil prices
- Indian HRC prices up towards 800 USD per tonne ex-works for 760-765 USD per tonne – source: SBB
- Chinese domestic HRC prices are unchanged during Chinese New Year Q235 5.5mm HRC is offered at RMB 4,780 ($724) per tonne with 17% VAT in Shanghai and RMB 4,800 with VAT in Lecong – source: SBB
- Korea's HRC price remained at KRW 900,000 per tonne – source: SBB
- Middle Eastern import HRC price up to 800-820 USD per tonne CFR – source: MB
