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 European flat product market warms up post vacation
0blt1 BDI improves further by 13 points on September 9
International News
0blt1 Indian steel price index up by 8 points only
0blt1 Taiwanese steel mills to start steel plate production
0blt1 US DOC made final rule on AD duty on stainless rod from India
0blt1 UAE buyers undeterred by spike in Turkish rebar offers
0blt1 Chinese iron fist on emissions has steel industry gasping
0blt1 Chinese steel price index down by 30 points on Sep 9


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 Currency Rate
10 Sep, 2010
 
USD
1.0000   
AUD
1.0858   
BRL
1.7210   
CAD
1.0341   
CNY
6.7703   
EUR
0.7894   
GBP
0.6492   
INR
46.2000   
JPY
84.0944   
RUB
30.9054   
ZAR
7.2338   
Source: http://www.xe.com
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