Posted on 30 Jun 2011
Scrap
-         Turkish scrap import price from UK off HMS 1&2 80:20 at $455 per tonne CFR and for shredded scrap at $460 per tonne – source: SBB
Semi
-         Wednesday's LME three month billet price remain unchanged from Tuesday at $500-560 per tonne – source: MB
Bar
-         Rebar price is at THB 22,200 – 22,500 ($721-731) per tonne ex-mill in Thailand – source: SBB
-         Malaysia domestic price for 16 mm and up diameter rebar at RM2,350 and for 10-12 mm rebar at RM 2,500 per tonne – source: SBB
Hot rolled coil prices
-         Chinese HRC producers cut HRC prices. Xinyu Steel cut HRC price by 80-100 Yuan ($12-15) for July shipment. Tianjin Tiantie Steel cut by 50 Yuan. In Shanghai, steel mills cut price of commercial grade 4-12 thick HRC by 120-130 Yuan per tonne – source: MB
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