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-11 Mar-10
MLPPI 4000 3948 Up
MFPPI 5607 5471 Up
MEASPI 4487 4409 Up
Currency Rates
18 Mar, 2010
USD 1.0000
AUD 1.0839
BRL 1.7671
CAD 1.0110
CNY 6.8265
EUR 0.7287
GBP 0.6532
INR 45.2100
JPY 90.2134
RUB 29.1689
ZAR 7.3160
Source: http://www.xe.com
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