News
Dongkuk Steel settles scrap price with Japan - 02 Jul, 2009
It is reported that Dongkuk Steel purchased H2 scrap from Japan at JPY 27,200 per tonne CNF, a bit higher than previous ones. Currently, H2 scrap base price was JPY 25,000 to JPY 25,500 per tonne

On the other hand, American scrap prices are expected to rise again in July on increased demand and tight supply.



Today's News
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International News
0blt1 Indian long product price index improves by 61 points
0blt1 Global hot band steel pricing in euphoria
0blt1 POSCO to raise steel prices by at least 20pct in Q2 2010
0blt1 BDI upward trend continues on March 11
0blt1 Japanese mills to raise CRGO price for Q2
0blt1 American H1 scrap average price up in 3 cities
0blt1 NSSC to raise stainless steel prices fro March
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Price Index - MEA
  Mar-04 Mar-03
MLPPI 3948 3948 Same
MFPPI 5471 5471 Same
MEASPI 4409 4409 Same
Currency Rates
12 Mar, 2010
USD 1.0000
AUD 1.0914
BRL 1.7655
CAD 1.0238
CNY 6.8273
EUR 0.7301
GBP 0.6634
INR 45.3700
JPY 90.6493
RUB 29.4630
ZAR 7.4229
Source: http://www.xe.com
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