News
Slab prices improve by Euro 20 per tonne in Italy - 22 Feb, 2012
Slabs levels have improved by EUR 20 per tonne over last week, which can lead to a demand of price increase for March deliveries

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1. Domestic pricing information in Germany, Italy and Spain
2. Import pricing information in Germany, Italy and Spain
3. Import levels at Antwerp and Turkey
4. Export levels from Turkey, Rotterdam, China, India and Black Sea

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(Sourced from www.steelprices-europe.com)



Today's News
Main News
0blt1 Long steel product market nose dives as the economy dithers in India
0blt1 Turkish crude steel output growth slows in April
International News
0blt1 Indian steel price index down further by 11 points on May 17
0blt1 Global HRB prices trending down in May
0blt1 Chinese steel price index continue to decrease on May 17
0blt1 Tokyo Steel scrap price cut brings few reactions
0blt1 Taiwan purchase deep sea scraps at USD 475 per tonne CNF
0blt1 BDI remain flat on May 18 2012
0blt1 SC issues contempt notice to Mr Malik in PSM probe case


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Price Index - MEA
  May-03 Apr-26
MLPPI 4928 4928 Same
MFPPI 5964 5943 Up
MEASPI 5242 5236 Up
Currency Rates
18 May, 2012
USD 1.0000
AUD 1.0164
BRL 2.0089
CAD 1.0208
CNY 6.3278
EUR 0.7889
GBP 0.6344
INR 54.7630
JPY 79.4544
RUB 31.1196
ZAR 8.3932
Source: http://www.xe.com
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