Posted on 23 Dec 2010
Scrap
- Turkish domestic scrap price soared by 19-26 USD per tonne to 386-437 USD per tonne – source: SBB
- US scrap price is expected to surge by 30-60 USD per tonne in January – source: Yieh
Semi-finished steel prices
- CIS billet export price up to 640-650 USD per tonne CFR Persian Gulf – source: MB
- China's Tangshan raised billet ex-work price to 4,250-4,270 RMB per tonne ($640-643) for Q235 150x150 mm billet – source: SBB
Bar prices
- VN Steel is offering rebar at 14.6-15.3 million dong ($679-712) per tonne – source: MB
- Turkish rebar to Persian Gulf at 650-660 USD per tonne CFR – source: MB
- Kyoei Steel lifted domestic rebar price by 10,000 Yen ($119) to 65,000 RMB per tonne ($774) for January contracts – source: SBB
- Tokyo Steel raised its rebar price by 2,000 Yen per tonne for December contracts and by 8,000 Yen per tonne for January contracts – source: SBB
- Taiwan's rebar price at 1,309 USD per tonne – source: Yieh
Hot rolled coil prices
- Chinese steelmaker increased HRC export price to 635-640 USD per tonne FOB for boron-bearing HRC and to 650 USD per tonne CFR for thick-gauge coil – source: MB
- China's domestic HRC price for 5-12 mm thick up to 4,450-4,460 RMB per tonne ($669-670) – source: MB
- Brazil's HRC import price at 1,204 USD per tonne – source: SBB
