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Monday Market Monitor - Middle East (WEEK 05) - Sections CR and HDG dip - 08 Feb, 2010

The Middle East Long Product Price Index MLPPI decreased by 25 points whereas the Middle East Flat Products Index MFPPI decreased by 75 points. The overall price index Middle East MEASPI lost 40 points.

Class	28-Jan	04-Feb	Change	%
MLPPI	3877	3852	-25	-0.6%
MFPPI	5347	5272	-75	-1.4%
MEASPI	4322	4282	-40	-0.9%

MLPPI - Middle East Long Product Price Index
MFPPI - Middle East Flat Product Price Index
MEASPI - Middle East Steel Price Index

Long products

Category	28-Jan	04-Feb	Change	%
PI - Rebar	3571	3571	0	0.0%
PI - WRC	3660	3659	0	0.0%
PI - Angle	4970	4724	-246	-5.0%
PI - Structural	4972	4813	-159	-3.2%
PI - HEA	5183	5183	0	0.0%

PI - Product Index

Flat products

Category	28-Jan	04-Feb	Change	%
PI - Narrow Plates	4734	4733	0	0.0%
PI - Wide Plates	6587	6586	-1	0.0%
PI - Hot Rolled	4630	4629	-1	0.0%
PI - Cold Rolled	5066	4890	-176	-3.5%
PI - Galvanized	5588	5351	-238	-4.3%

PI - Product Index

Rebars

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	0	0
Dubai	AED	0	0
Jeddah	SAR	0	0
Kuwait	KDW	0	0
Qatar	QAR	0	0

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Wire rod
SAE 1008

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	0	0
Dubai	AED	0	0
Jeddah	SAR	0	0
Kuwait	KDW	-2	-7
Qatar	QAR	0	0

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

IPE
14-16-18

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	0	0
Dubai	AED	0	0
Jeddah	SAR	0	0
Kuwait	KDW	-1	-4
Qatar	QAR	0	0

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Structural

Location	CUR	Change	USD
Bahrain	BDR	-5	-13
Dammam	SAR	-75	-20
Dubai	AED	-100	-27
Jeddah	SAR	-75	-20
Kuwait	KDW	-8	-30
Qatar	QAR	-85	-23

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

HEA

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	0	0
Dubai	AED	0	0
Jeddah	SAR	0	0
Kuwait	KDW	0	0
Qatar	QAR	0	0

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

W Sections

Location	CUR	Change	USD
Bahrain	BHD	-4	-11
Dammam	SAR	-100	-27
Dubai	AED	-100	-27
Jeddah	SAR	-100	-27
Kuwait	KWD	0	0
Qatar	QAR	-97	-27

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Angles

Location	CUR	Change	USD
Bahrain	BHD	0	0
Dammam	SAR	-125	-33
Dubai	AED	-125	-34
Jeddah	SAR	-125	-33
Kuwait	KWD	-10	-38
Qatar	QAR	-100	-27

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Channels

Location	CUR	Change	USD
Bahrain	BHD	0	0
Dammam	SAR	-125	-33
Dubai	AED	-125	-34
Jeddah	SAR	-125	-33
Kuwait	KWD	-10	-38
Qatar	QAR	-100	-27

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Plates 3x12
S275 JR

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	0	0
Dubai	AED	0	0
Jeddah	SAR	0	0
Kuwait	KDW	0	0
Qatar	QAR	-8	-2

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

HRC

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	0	0
Dubai	AED	0	0
Jeddah	SAR	0	0
Kuwait	KDW	-1	-4
Qatar	QAR	-5	-1

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

CR

Location	CUR	Change	USD
Bahrain	BDR	0	0
Dammam	SAR	-100	-27
Dubai	AED	-100	-27
Jeddah	SAR	-100	-27
Kuwait	KDW	-8	-30
Qatar	QAR	-114	-31

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

HDG
0.7

Location	CUR	Change	USD
Bahrain	BDR	-10	-26
Dammam	SAR	-100	-27
Dubai	AED	-200	-54
Jeddah	SAR	-100	-27
Kuwait	KDW	-15	-56
Qatar	QAR	-147	-40

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Turkish export prices
FOB Turkey

Product	Grade	Size mm	Change
Billets	SAE 1008	125 x 125	0
Rebars	BSt500	8 to 32	0
Wire Rod	SAE 1008	5,5 to 16	0

Change is on February 4th 2010 as compared to January 28th 2009
Change is in USD per tonne

Turkish import prices
CNF Turkey

Product	Grade	Size mm	Change
Scrap	A3	500x500x1500	-5
Billets	3Sp/Ps	125x125	0
HRC	S235JR	3-12x1000-1500	0
PLTS	S275JR	10-40x2500-3000	0

Change is on February 4th 2010 as compared to January 28th 2009
Change is in USD per tonne

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(Sourced from www.steelprices-middleeast.com)

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