Posted on 29 Oct 2010
Scrap
- Scrap price to Southeast Asia and Taiwan up by $10. Composite 80:20 HMS 1&2 and shredded scrap price at 410 USD per tonne CFR, 400 USD per tonne is to Vietnam- source: SBB
- Containerized 80:20 HMS 1&2 at 390-400 USD per tonne CFR Vietnam – source: SBB
- Containerized 80:20 up by $5-10 per tonne to 380-390 USD per tonne CFR to Malaysia/ Singapore – source: SBB
- US current 80:20 scrap deal price to Taiwan at 375 USD per tonne; the next quote will increase by 10% to 385-390 USD per tonne – source: Yieh
Semi-finished steel prices
- Chinese domestic billet price of 150mm diameter up 48 Yuan per tonne to 3,950 Yuan ($590) per tonne – source: MB
Bar prices
- Southern Europe's merchant bar prices down by Euro 20-40 to 490-500 Euro per tonne – source: SBB
Hot rolled coil prices
- Japanese Q4 HRC is ready to agree to prices in the high 600 USD per tonne, such as 670-690 USD per tonne FOB – source: SBB
- Europe HRC base price down to 510-530 Euro per tonne –source: SBB
