News
European steel players anxiously awaiting for new prices - 11 Mar, 2010
Every body is anxiously waiting for new prices to be announced by Russian and Ukrainian mills for 2nd quarter deliveries.

Rumors are anticipating that mills would have decided to sharply increase all prices on all products with HRC offered at EUR 500 per tonne and CRC at EUR 600 per tonne CFR FO main EU ports.

Italian domestic producer Riva is presently not offering, waiting for development which is further putting pressure on market and buyers.

Decision from Russia and Ukraine Mills is expected before end of this week.

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(Sourced from www.steelprices-europe.com)



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Price Index - China
  07-Feb 06-Feb
CLPPI 7548 7560 Down
CFPPI 6716 6716 Same
CHISPI 7076 7082 Down
Currency Rates
07 Feb, 2012
USD 1.0000
AUD 0.9271
BRL 1.7265
CAD 0.9967
CNY 6.3080
EUR 0.7630
GBP 0.6326
INR 48.9568
JPY 76.7271
RUB 30.1180
ZAR 7.5677
Source: http://www.xe.com
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