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| Monday Market Monitor - Scrap - WEEK 35 - Market remains firm - 06 Sep, 2010 | ||||||||||||||||||||||||||||||||||||||
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It seems that Turkish steel mills, which started to buy steel scrap again, have pushed the prices once again. Prices in other important regions also gained last week The main reason of scrap purchases resumption is acute shortage of scrap in global market. In summer the collecting volumes were rather small and the demand grew significantly recently in Eastern Asia, Japan and the USA. Market players anticipate scrap prices to remain firm in the short term. Turkish import
Change is on Sep 3rd 2010 as compared to Aug 27th 2010 Rotterdam export
Change is on Sep 3rd 2010 as compared to Aug 27th 2010 India domestic
Change is on Sep 3rd 2010 as compared to Aug 27th 2010 In INR per tonne www.steelprices-europe.com is a comprehensive service for tracking real time steel prices and trends in both South and North Europe on weekly basis. The scope of service includes 1. Domestic pricing information in Germany, Italy and Spain 2. Import pricing information in Germany, Italy and Spain 3. Import levels at Antwerp and Turkey 4. Export levels from Turkey, Rotterdam, China, India and Black Sea The service is specifically designed to assist steel makers, traders, users and others connected with the industry to keep track of real time prices prevailing in the market and thus comprehensively evaluate steel pricing trends in the region 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. Weekly updates 6. Data available since February 2009 5. Access through web site Products covered 1. Input materials and semis in Europe 2. Long Products in Europe 3. Flat Products in Europe 4. CFR Turkey prices 5. FOB levels for export FOB Black Sea, China, Turkey and India Price basis and payment terms for Europe 1. Price basis - B- Base price and E - Effective price 2. Payment term - All prices in Europe are net to the final customer with following payment terms A. Italy & Spain 1. Domestic prices are EXW or DDP with payment 90 days from delivery 2. Import prices are CIF FO with LC at 90 days from BL date B. Germany 1. Domestic prices are EXW or DDP with payment on the 15th of the following month 2. Import prices are CFR FO with open term payment at 30 days from date of arrival 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-europe.com and pay on line or ask for invoice 2. Send mail to admin@steelprices-europe.com. (Sourced from www.steelprices-europe.com) | ||||||||||||||||||||||||||||||||||||||
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