News
Monday Market Monitor - Scrap (WEEK 05) - Marching southward - 08 Feb, 2010
Steel scrap prices continued to move down last week in most of the important markets. But despite lower offers, most of the buyers were hesitant in buying expecting prices to come down further.

Offers are reported to have come below USD 350 per tonne CFR for HMS 80:20 as well as shredded

FOB Rotterdam
Change
-2%
Change is on February 5th 2010 as compared to January 29th 2009

Indian domestic
LocationChange
Chennai-500
Hyderabad-1500
Kandla100
Kanpur-711
Kolkata0
Mandi-277
Mumbai200
Rudrapur-888

Change is on February 5th 2010 as compared to January 29th 2009
Change is in INR per tonne

Chinese domestic
LocationCNYUSD
Acheng00
Anyang00
Beijing00
Benxi00
Chongqing00
Dalian-20-3
Guangzhou-43-6
Hefei-21-3
Jiangyin-51-7
Jinan00
Kunming00
Laiwu00
Lanzhou00
Lingyuan00
Liupanshui00
Loudi7912
Tangshan-20-3
Tianjin00
Tonghua00
Wuhan00
Wuyang-54-8
Zhangjiagang-30-4

Change is on February 5th 2010 as compared to January 29th 2009
Change is per tonne

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(Sourced from www.steelprices-europe.com)



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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
11 Mar, 2010
USD 1.0000
AUD 1.0939
BRL 1.7690
CAD 1.0256
CNY 6.8272
EUR 0.7330
GBP 0.6680
INR 45.2700
JPY 90.4214
RUB 29.5730
ZAR 7.4121
Source: http://www.xe.com
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