Posted on 20 Dec 2010
Scrap
- Kanto region's scrap price increased by 2,000 Yen for H2 scrap to 34,500-35,000 Yen per tonne. Tokyo Steel's Utsunomiya Works is paying 36,500 Yen per tonne – source: SBB
- US shredded scrap export price booked by a Turkish mill at 445 USD per tonne CFR for HMS 1&2 (80:20) – source: MB
Semi-finished steel prices
- Turkey's domestic billet price at 610-620 USD per tonne –source: MB
- CIS billet export price at 585-605 USD per tonne in December – source: SBB
- Russian Far Eastern concluded billet price to Southeast Asia at 610 USD per tonne CFR – source: SBB
- China's Shangang kept heavy melting scrap price (over 6m thickness) at RMB 3,190 (USD 479) per tonne, and Xingcheng held its buying price at RMB 3,200 (USD 481) per tonne – source: SBB
Bar prices
- Northwest Europe merchant bar price up by Euro 30-50 per tonne – source: SBB
- Taiwan's Feng Hsin to raise rebar price by NTD 500 per tonne to NTD 27,000 tonne - Yieh
Hot rolled coil prices
- Tokyo's HRC price rose 8,000 Yen to 67,000 Yen- source: Reuters
