Posted on 10 Sep 2010
Scrap - Japanese Kanto's bid price of H2 Scrap at 360 USD per tonne fas (free alongside ship value) – source: SBB Semi-finished steel prices - Indian SAIL 100 x100 mm billets at Rs26,500 per tonne – source: SBB - Indian Tata Steel 130 x 130 mm and above billet at Rs 24,500 per tonne – source: SBB - Bhusan 100x100 mm and 125 x 125 mm billet at Rs 24,000 per tonne – source: SBB Rebar prices - Indian SAIL 8 mm Fe 500 TMT rebar at Rs 29,100 per tonne and 10 mm Fe 500 TMT rebar at Rs 28,650 per tonne – ex-works Durapur – source: SBB - Indian Tata Steel 8 mm Fe 500 TMT rebar at Rs 29,000 per tonne - ex-works Jamshedpur – source: SBB - Italy's merchant bar ex-work price is 712 – 738 USD per tonne. – source: SBB Hot rolled coil prices - Middle East HRC offered to India at 660 – 670 USD per tonne CFR.- source: Metal Bulletin - Indian domestic HRC price is 660-670 USD per tonne ex-mill. – source: Metal Bulletin