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 MEPS sees global steel consumption at 1470 million tonnes in 2014
0blt1 ArcelorMittal and ThyssenKrupp to raise HR steel price in October
0blt1 Russian utilization of steel quote for export to Europe
International News
0blt1 Long silence broken finally
0blt1 Indian long product price index up further by 23 points
0blt1 Iron ore price negotiations - Rio Tinto cuts Q4 prices by 13pct
0blt1 BDI surpasses 2900 points mark on September 7
0blt1 In depth data on iron ore sector in India
0blt1 Japanese local scrap prices average JPY 29909 a tonne
0blt1 Taiwanese rebar prices stopped decreasing this week
0blt1 Egypt not to impose customs duties on Turkish steel imports
0blt1 Ezz Steel September price hike attracts mixed reaction
0blt1 Chinese domestic steel prices surge by 5pct in last 2 days
0blt1 Chinese steel price index continues to surge for second day


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 Currency Rate
09 Sep, 2010
 
USD
1.0000   
AUD
1.0960   
BRL
1.7305   
CAD
1.0476   
CNY
6.7986   
EUR
0.7873   
GBP
0.6505   
INR
46.7872   
JPY
83.4613   
RUB
30.8779   
ZAR
7.2825   
Source: http://www.xe.com
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