News
Global HRB prices on a mixed trend - 30 Jul, 2010
The bi monthly SteelBenchmarker United States HRB spot price for July 26th 2010 fell by 5.5% to USD 637 per tonne, FOB the mill, for the fifth consecutive time. The Western European HRB price was up by 0.4% to USD 678 per tonne, ex works, after four consecutive declines. The World export HRB price increased by 0.7% to USD 588 per tonne, FOB the port of export, after five consecutive declines. The Chinese HRB ex works price surged 6.8% to USD 515 per tonne, after five consecutive declines.

USA
USD 637 per tonne, FOB the mill
Down by USD 37 per tonne from USD 674 two weeks ago
Down by USD 139 per tonne from the recent high of USD 776 on May 10th 2010
Up by USD 208 per tonne from the recent low of USD 429 on May 25th 2009
Down by USD 566 per tonne from the record peak of USD 1,203 on July 28th 2008

China
USD 515 per tonne, ex works
Up by USD 33 per tonne from USD 482 two weeks ago
Down by USD 59 per tonne from the recent high of USD 574 on April 26th 2010
Up by USD 124 per tonne from the recent low of USD 391 on April 13th 2009
Down by USD 218 from the record peak of USD 733 on July 14th 2008

Western Europe
USD 678 per tonne, ex works
Up by USD 3 per tonne from USD 675 two weeks ago
Down by USD 64 per tonne from the recent high of USD 742 on May 10th 2010
Up by USD 225 from the recent low of USD 453 on April 27th 2009
Down by USD 526 from the record peak of USD 1,204 on July 14th 2008

World Export Price
USD 588 per tonne, FOB the port of export
Up by USD 4 per tonne from USD 584 two weeks ago
Down by USD 130 per tonne from the recent high of USD on April 26th 2010
Up by USD 194 per tonne from the recent low of USD 394 on May 11th 2009
Down by USD 525 per tonne from the record peak of USD 1,113 on July 28th 2008



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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