News
Taiwanese pipe prices to raise by up to TWD 6,000 a tonne - 02 Jul, 2009
It is reported that Taiwan's pipe prices are set to raise by TWD 5,000 to TWD 6,000 per tonne in July due to rising cost of raw material and increasing demand.

A stockiest has pointed out that the total number of orders will start to fall whereas the price will rise, and by the time it increases by TWD 2,000 per tonne, the market will suffer an out of stock situation.

Some bidders from engineering and construction industries have already placed their orders two months ago to avoid cost over run.

(Sourced from YIEH.corp)


Today's News
Main News
0blt1 SULB starts construction of steel plant project in Bahrain
0blt1 Ezzsteel increase rebar price for September 2010
0blt1 Turkish steel mills restart scrap purchase after a pause
International News
0blt1 Indian flat product price index up by 56 points
0blt1 SAIL cuts discount on flat products by INR 1000 - Report
0blt1 JSW Steel raises prices by 3pct to 4 pct
0blt1 BDI recovers further by 94 points
0blt1 AK Steel announces October 2010 surcharges for electrical steel
0blt1 Yusco and Tang Eng to hike stainless steel price for September
0blt1 Taiwanese wire rod prices hold steady
0blt1 Yieh Hsing to keep steel wire rod prices unchanged for Sep
0blt1 Steel prices may rise in China in September on inventory decline
0blt1 Chinese steel price index continues to increase
0blt1 Iron ore and coking coal prices to post first fall in long time on Chinese woes
0blt1 Brazilian aggression may dampen EU steel mills plan to hike HR prices
0blt1 MEPS update North American steel market


Round_corner2
Price Index - MEA
  Aug-26 Aug-19
MLPPI 4670 4519 Up
MFPPI 6079 6028 Up
MEASPI 5097 4976 Up
Currency Rates
03 Sep, 2010
USD 1.0000
AUD 1.1016
BRL 1.7260
CAD 1.0548
CNY 6.8045
EUR 0.7803
GBP 0.6487
INR 46.6718
JPY 84.2808
RUB 30.7056
ZAR 7.2457
Source: http://www.xe.com
Ads_spchina
Ads_spindia
Ads_speur