News
Monday Market Monitor - Scrap - WEEK 11 - Fuelling the fire globally - 22 Mar, 2010
Scrap prices continued their upward journey, with buyers accepting higher levels last week. The surge in scrap prices is pushing the semis and finished product prices across the globe.

It is reported that prices of various grades of scrap are between USD 410 to USD 450 per tonne on CFR basis in various markets and that the buyers have reconciled to these levels..

Turkish import
Change%
206%

Change is on March 19th 2010 as compared to March 12th 2010

Rotterdam export
Change%
52%

Change is on March 19th 2010 as compared to March 12th 2010

India domestic
LocationChange
Chennai1500
Hyderabad-1000
Kandla0
Kanpur87
Kolkata-907
Mandi-997
Mumbai700
Rudrapur0

Change is on March 19th 2010 as compared to March 12th 2010
In INR per tonne

China domestic
LocationCNYUSD
Acheng00
Anyang00
Beijing507
Benxi00
Chongqing00
Dalian00
Guangzhou609
Hefei10015
Jiangyin10015
Jinan7010
Kunming00
Laiwu00
Lanzhou00
Lingyuan00
Liupanshui00
Loudi00
Tangshan15022
Tianjin00
Tonghua00
Wuhan6910
Wuyang00
Zhangjiagang8012

Change is on March 19th 2010 as compared to March 12th 2010
Change is per tonne

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(Sourced from www.steelprices-europe.com)





Today's News
Main News
0blt1 Would rebar price continue to surge in China
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0blt1 Chinese domestic steel rebar prices scenario on Sep 8
0blt1 Chinese domestic steel wire rod price update on Sep 8
0blt1 Chinese domestic steel billet price movement on Sep 8
0blt1 Chinese domestic steel plate price remain flat on Sep 8
0blt1 Chinese domestic pig iron prices remain flat on Sep 8
0blt1 Chinese domestic narrow HR strip prices down on Sep 8
0blt1 Chinese domestic CR steel price update on Sep 8
0blt1 Chinese domestic galvanized steel HDG price movement on Sep 8
0blt1 Chinese domestic SBQ steel plate price remain flat on Sep 8
0blt1 Chinese domestic steel Angle price update on Sep 8
0blt1 Chinese domestic steel channel price update on Sep 8
0blt1 Chinese domestic steel beam price movement on Sep 8
International News
0blt1 Indian steel price surge seems to be loosing steam
0blt1 Iron ore spot prices feel the shock of anticipated production pruning in China
0blt1 International scrap prices on a match winning performance
0blt1 Iron ore price negotiations - Japanese steel mills and Rio agree for 13pct cut
0blt1 Japanese local steel scrap price receded to JPY 31500 per tonne
0blt1 Japanese steelmakers to hike HRC price in Q4
0blt1 BDI inching towards 3000 points mark on September 8
0blt1 Taiwanese wire rod price may edge up
0blt1 Billet and long products prices start to loose ground in Europe
0blt1 ThyssenKrupp eying hike for flat steel products for Q4
0blt1 MMK releases new steel export prices for Europe
0blt1 Ukraine steel production in August rises by 8pct MoM


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Price Index - China
  09-Sep 08-Sep
CLPPI 7049 7092 Down
CFPPI 7119 7139 Down
CHISPI 7088 7119 Down
Currency Rates
09 Sep, 2010
USD 1.0000
AUD 1.0855
BRL 1.7260
CAD 1.0384
CNY 6.7875
EUR 0.7866
GBP 0.6471
INR 46.5482
JPY 83.7340
RUB 30.8504
ZAR 7.2323
Source: http://www.xe.com
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