It is reported that Black Sea based CIS steel export market has weakened further this week
Billet - prices are stagnating and the market working level is now around USD 590 per tonne FOB and offers up to USD 605 per tonne
Rebar & Wire Rods - During the week, price decreased by around USD 20 per tonne to USD 25 per tonne. It seems that sellers are under pressure as demand is very weak and they are quoting quite low on full prepayment basis
HRC - Both Ukrainian and Russian suppliers have lowered their quotes this week by USD 5 per tonne to USD 10 per tonne.
Plates - The lower band prices for plates reduced by USD 10 per tonne this week
CR - While Ukrainian producers reduced their offers by USD 10 per tonne, Russian mills tried to maintain their price this week
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Price Index
18-May
17-May
11-May
WoW
WoW
18-Apr
MoM
MoM
18-May
YoY
YoY
ILPPI
9534
9541
9590
9778
8272
IFPPI
9126
9141
9161
9227
8671
INDSPI
9340
9350
9386
9516
8462
18-May
17-May
11-May
WoW
WoW
18-Apr
MoM
MoM
18-May
YoY
YoY
CLPPI
7360
7390
7503
7731
7632
CFPPI
6673
6679
6751
6874
7678
CHISPI
6971
6987
7077
7245
7658
03-May
26-Apr
05-Apr
WoW
WoW
05-Apr
MoM
MoM
05-May
YoY
YoY
MLPPI
4928
4928
4921
4921
5112
MFPPI
5964
5943
5913
5913
6446
MEASPI
5242
5236
5222
5222
5516
Indian Steelmaker Directory 2011
Published: Feb 2011Price: 1000 USD
Contact: reports@steelguru.com
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Metal Rate
17 May, 2012
Zn
1883
Ni
16900
Sn
19445
Al
1986
Cu
7707
Source: LME.co.uk
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Weekly Poll
Guangzhou International Metal and Metallurgy Exhibition (19 Jun, 2012 - 21 Jun, 2012)
Baltic Dry Index
18 May, 2012
BDI
1141
BCI
1633
BPI
1274
BSI
1108
Source: DryShips.com
Currency Rate
20 May, 2012
USD
1.0000
AUD
1.0159
BRL
2.0234
CAD
1.0223
CNY
6.3259
EUR
0.7825
GBP
0.6323
INR
54.4200
JPY
79.0150
RUB
31.2250
ZAR
8.3487
Source: http://www.xe.com
