During the week, the CIS steel export market at Black Sea remained weak
Billet price is fluctuating around USD 500 per tonne FOB with most offers at USD 505 per tonne.
Finished longs prices are under pressure. Currently rebar is offered in USD 560 per tonne to USD 570 per tonne range; while wire rod is now almost at the similar USD 570 level, although some companies are still offering up to USD 590 per tonne
Finished flats prices are rather stable with Ukrainian HRC is in the range USD 520 per tone to USD 535 per tonne FOB Black/Azov Sea
Unit Converters:
Price Index
15-May
14-May
08-May
WoW
WoW
09-Apr
MoM
MoM
15-May
YoY
YoY
ILPPI
8710
8710
8729
8842
9554
IFPPI
8527
8527
8533
8527
9155
INDSPI
8616
8616
8628
8680
9364
16-May
15-May
09-May
WoW
WoW
10-Apr
MoM
MoM
16-May
YoY
YoY
CLPPI
6334
6349
6378
6514
7419
CFPPI
5887
5908
5954
6119
6702
CHISPI
6081
6099
6138
6290
7013
24-Jan
17-Jan
10-Jan
WoW
WoW
27-Dec
MoM
MoM
26-Jan
YoY
YoY
MLPPI
4778
4778
4778
4716
5061
MFPPI
5487
5487
5487
5487
5936
MEASPI
4993
4993
4993
4950
5334
Live Tenders
Metal Rate
17 May, 2013
Zn
1812
Ni
14850
Sn
20895
Al
1840
Cu
7329
Source: LME.co.uk
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Weekly Poll
Coal Buyer Supplier Market in India (28 Jun, 2013 - 28 Jun, 2013)
Coal Market In India 2013 (09 Jul, 2013 - 10 Jul, 2013)
Baltic Dry Index
17 May, 2013
BDI
841
BCI
1326
BPI
930
BSI
851
Source: DryShips.com
Currency Rate
19 May, 2013
USD
1.0000
AUD
1.0272
BRL
2.0347
CAD
1.0280
CNY
6.1375
EUR
0.7790
GBP
0.6593
INR
54.8854
JPY
103.2700
RUB
31.4325
ZAR
9.4062
Source: http://www.xe.com
