News
Global HRB prices on a mixed trend - 30 Jul, 2010
The bi monthly SteelBenchmarker United States HRB spot price for July 26th 2010 fell by 5.5% to USD 637 per tonne, FOB the mill, for the fifth consecutive time. The Western European HRB price was up by 0.4% to USD 678 per tonne, ex works, after four consecutive declines. The World export HRB price increased by 0.7% to USD 588 per tonne, FOB the port of export, after five consecutive declines. The Chinese HRB ex works price surged 6.8% to USD 515 per tonne, after five consecutive declines.

USA
USD 637 per tonne, FOB the mill
Down by USD 37 per tonne from USD 674 two weeks ago
Down by USD 139 per tonne from the recent high of USD 776 on May 10th 2010
Up by USD 208 per tonne from the recent low of USD 429 on May 25th 2009
Down by USD 566 per tonne from the record peak of USD 1,203 on July 28th 2008

China
USD 515 per tonne, ex works
Up by USD 33 per tonne from USD 482 two weeks ago
Down by USD 59 per tonne from the recent high of USD 574 on April 26th 2010
Up by USD 124 per tonne from the recent low of USD 391 on April 13th 2009
Down by USD 218 from the record peak of USD 733 on July 14th 2008

Western Europe
USD 678 per tonne, ex works
Up by USD 3 per tonne from USD 675 two weeks ago
Down by USD 64 per tonne from the recent high of USD 742 on May 10th 2010
Up by USD 225 from the recent low of USD 453 on April 27th 2009
Down by USD 526 from the record peak of USD 1,204 on July 14th 2008

World Export Price
USD 588 per tonne, FOB the port of export
Up by USD 4 per tonne from USD 584 two weeks ago
Down by USD 130 per tonne from the recent high of USD on April 26th 2010
Up by USD 194 per tonne from the recent low of USD 394 on May 11th 2009
Down by USD 525 per tonne from the record peak of USD 1,113 on July 28th 2008



Today's News
Main News
0blt1 ADIB inks Emirates Steel finance deal
0blt1 Limak and partners take over Turkish power grids
International News
0blt1 Hiked import offers of HRC bolsters confidence of Indian steel mills
0blt1 Indian steel price index up by 39 points
0blt1 TATA Steel hikes prices for flat products
0blt1 Global steam coal prices continue to rise
0blt1 Vietnamese steel industry caught in a chaos - Report
0blt1 US mills to lift CR steel sheet price again
0blt1 Copper price update in August - Cochilco
0blt1 Update on Japanese market tendency on ferroalloys imports
0blt1 Aggressive production pruning sparkles Chinese steel prices
0blt1 September sees good start in upward trend in Chinese steel prices
0blt1 Chinese steel price index reflects major surge on Sep 6
0blt1 Chinese demand to set price trend in copper
0blt1 STEEL MART 2010
0blt1 BDI nearing 2900 points mark on September 6


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Price Index - MEA
  Aug-26 Aug-19
MLPPI 4670 4519 Up
MFPPI 6079 6028 Up
MEASPI 5097 4976 Up
Currency Rates
07 Sep, 2010
USD 1.0000
AUD 1.0916
BRL 1.7275
CAD 1.0361
CNY 6.7860
EUR 0.7808
GBP 0.6501
INR 46.6048
JPY 84.1736
RUB 30.6775
ZAR 7.2388
Source: http://www.xe.com
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