News
EU steel stockholding distribution in 2009 dips by 27pct YoY. - 09 Feb, 2010
As expected, December sales of European steel stockholding distribution were at a very low seasonal level leading to a fatal increase of stocks expressed in days of sales despite a lower stock index registered at end December 2009.

Sales of EU steel stockholding distribution in 2009 decreased by 27% YoY.

1. Long steel products sales - Down by 26% YoY

2. Flat steel products sales - Down by 25% YoY

3. Steel tubes sales - Down by 28% YoY

4. Stainless steel sales - Down by 14% YoY

5. Special & alloy steel sales - Down by 42% YoY

(Sourced from www.eurometal.net)



Today's News
Main News
0blt1 GC steel HDG price up in Delhi on February 2
0blt1 Traders suspend steel shipments from Russia to Iran
International News
0blt1 Only few spots left for Steel Scrap Summit on February 9 in Gurgaon
0blt1 Chinese domestic steel beam price remains flat on February 02
0blt1 Declining billet levels make European buyers circumspect
0blt1 Northern European Plate mills idle with cheap imports


Round_corner2
Price Index - MEA
  Jan-19 Jan-12
MLPPI 5065 5065 Same
MFPPI 5994 5994 Same
MEASPI 5346 5346 Same
Currency Rates
03 Feb, 2012
USD 1.0000
AUD 0.9350
BRL 1.7197
CAD 0.9992
CNY 6.3063
EUR 0.7606
GBP 0.6320
INR 48.9864
JPY 76.1995
RUB 30.2110
ZAR 7.6560
Source: http://www.xe.com
Ads_spchina
Ads_spindia
Ads_speur