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| Monday Market Monitor - CIS - WEEK 35 - Sellers in vibrant mode - 06 Sep, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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It is reported that the CIS producers are already looking forward for the end of Ramadan and trying to increase prices expecting better demand at the Middle East. As soon as most part of the September production volumes of billets has been already booked, companies with available material started to offer it more expensive. Thus most part of the offers is keeping the range of USD 545 per tonne to USD 565 per tonne FOB Black Sea. Companies are also already booking October production. It is said that the dynamics was also supported by increase of scrap quotations in Mediterranean area and higher prices for the Turkish products. It is reported that prices of flat products at Black Sea remained in positive dynamics this week. HRC FOB Black Sea Ilyich - USD 570 per tonne to USD 580 per tonne Zaporizhstal - USD 590 per tonne and up Russian - USD 600 per tonne to USD 630 per tonne On the other hand, plates are traded in the range of USD 620 per tonne to USD 660 per tonne FOB Black Sea. FOB Black Sea
Change is on Sep 3rd 2010 as compared to Aug 27th 2010 www.steelprices-india.com is a comprehensive portal that provides domestic pricing information for benchmark steel products in each category at select location in India on a regular basis 5 days a week and international price levels on a weekly basis. As steel in each category comes in hundreds of grades shapes and sizes, we have taken benchmark products in each category at select locations to cover the entire basket of garden variety of steel products including input material for steel making and processing. Products covered 1. Input materials - Iron ore, scrap, sponge iron, pig iron pencil ingot, billets and blooms 2. Long products - Rebar, wire rod, angle, channel and joists 3. Flat products - Narrow plates, wide plates, HR, CR and galvanized 4. Others - Pipes Methodology and access 1. Benchmark products in each category with fixed commonly used sizes and grades 2. Base prices or effective, as per market trends 3. Average transaction levels which have settled well, based on continuous interactions with domestic mills, overseas suppliers, importers stockiest & service centers and buyers 4. On fixed market oriented payment terms 5. Daily updates 6. Data available since July 2008 5. Access through web site Price basis Without ED and VAT for all products except for rebar and sections Other features The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available. In addition, you can monitor currency exchange rates, metal prices, BDI for the day as well as access their archives for past data. Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news. Subscription charges for 12 months access
How to subscribe 1. Register at www.steelprices-india.com and pay on line or ask for invoice 2. Send mail to admin@steelprices-india.com. 3. Call at 0091-124-3007891/2/3 (Sourced from www.steelprices-india.com) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Announcements | ||
 | Iranian steel market trend in week 05 2012 - Long products | |
| Export And Import Levels | ||
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| BDI surged by a single point on February 6 2012 | |
