Posted on 14 Oct 2010
Scrap
-         HMS 1&2 (80:20 mix) in Turkey at 360 USD per tonne CFR – source: MB
Semi-finished steel prices
-         Turkey's billet price for October down $20 to 522 USD per tonne exw – source: MB
Bar prices
-         US rebar price unchanged at 630 – 650 USD per short ton FOB – source: SBB
Hot rolled coil prices
-         Krakatau Steel HRC up to 874-897 USD per tonne – source: MB
-         HRC offer price from Egypt, India and China unchanged at EU port at 726-740 USD per tonne CFR – source: MB
-         Indian HRC down $17 to Rs34,500 -34,750 per tonne, include tax – source: MB
-         Taiwan's SPHC –grade HRC for December will increase to TWD21,536 per tonne (698 USD) – source: SBB
-         US's HRC is predicted to drop to 500 USD per tonne soon – source: SBB
