Posted on 20 Oct 2010
Scrap
- India's HMS 1&2 down to 370-380 USD per tonne CFR Nhava Sheva, shredded scrap down to 390 USD per tonne CFR – source: MB
- China-origin HRC with boron to Korea at 600-610 USD per tonne FOB, non-boron at 670-680 USD per tonne FOB – source: SBB
- Hyundai Steel purchased H1 scrap from US at 389 USD per tonne, down $20 – source: Yieh
- Taiwan's steel mills purchased H2 scrap from Japan at 375 USD per tonne – source: Yieh
Semi-finished steel prices
- Square billet from CIS to Taiwan will increase to 530 USD per tonne – source: Yieh
Bar prices
- Taiwan's rebar up $6 per tonne, Feng Hsin price for medium sized SD280 rebar is TWD 18,900 per tonne ($613) – source: SBB
- CIS rebar offer price is 570-580 USD per tonne FOB black sea – source: MB
- Turkish export price sold at 570-580 USD per tonne- source: MB
Hot rolled coil prices
- China's SS400B HRC offer price to East Asian up to 600 USD per tonne FOB, offer price of re-rolling grade SEA 1006 2mm coil from Taiwan and Korea prevailing at 630-640 USD per tonne FOB – source: SBB
- Philippines is booking commercial HRC at 610-620 USD per tonne CFR – source: SBB
- Vietnam bids for commercial HRC at 590 USD per tonne CFR –source: SBB
- China's Shougang announced HRC for November , Q235 HRC 5.5 mm x 1500 mm at 587 USD per tonne- source: Yieh
