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

To keep tab on steel prices in Europe, subscribe to services of www.steelprices-europe.com by registering or sending a mail to admin@steelprices-europe.com with full contact details. Please note that this is a paid service with subscription charges of EUR 500 for 12 months.

(Sourced from www.steelprices-europe.com)





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


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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
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