Posted on 20 Dec 2010
Scrap
-         Kanto region's scrap price increased by 2,000 Yen for H2 scrap to 34,500-35,000 Yen per tonne. Tokyo Steel's Utsunomiya Works is paying 36,500 Yen per tonne – source: SBB
-         US shredded scrap export price booked by a Turkish mill at 445 USD per tonne CFR for HMS 1&2 (80:20) – source: MB
Semi-finished steel prices
-         Turkey's domestic billet price at 610-620 USD per tonne –source: MB
-         CIS billet export price at 585-605 USD per tonne in December – source: SBB
-         Russian Far Eastern concluded billet price to Southeast Asia at 610 USD per tonne CFR – source: SBB
-         China's Shangang kept heavy melting scrap price (over 6m thickness) at RMB 3,190 (USD 479) per tonne, and Xingcheng held its buying price at RMB 3,200 (USD 481) per tonne – source: SBB
Bar prices
-         Northwest Europe merchant bar price up by Euro 30-50 per tonne – source: SBB
-Â Â Â Â Â Â Â Â Â Taiwan's Feng Hsin to raise rebar price by NTD 500 per tonne to NTD 27,000 tonne - Yieh
Hot rolled coil prices
-Â Â Â Â Â Â Â Â Â Tokyo's HRC price rose 8,000 Yen to 67,000 Yen- source: Reuters
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