The bi monthly SteelBenchmarker world export HRB price for July 9th 2012 rose by 0.5% to USD 598 per tonne, FOB the port of export, after falling four consecutive times. The United States HRB spot price slipped 0.1% to USD 669 per tonne, FOB the mill, for the seventh consecutive time. The Western European HRB price fell 1.1% to USD 622 per tonne, ex works, for the fifth consecutive time. The Chinese HRB ex works price fell 2.0% to USD 535 per tonne, for the fifth consecutive time.

USA
USD 669 per tonne, FOB the mill
Down by USD 1 per tonne from USD 670 two weeks ago
Down by USD 40 per tonne from the recent low of USD 709 on November 14th 2011
Down by USD 301 per tonne from the recent high of USD 970 on March 28th 2011
Down by USD 534 per tonne from the record peak of USD 1,203 on July 28th 2008

China
USD 535 per tonne, ex works
Down by USD 11 per tonne from USD 546 two weeks ago
Up by USD 53 per tonne from the recent low of USD 482 on July 12th 2010
Down by USD 102 per tonne from the recent high of USD 637 on August 22nd 2011
Down by USD 198 from the record peak of USD 733 on July 14th 2008

Western Europe
USD 622 per tonne, ex works
Down by USD 7 per tonne from USD 629 two weeks ago
Down by USD 46 from the recent low of USD 668 on November 22nd 2010
Down by USD 230 per tonne from the recent high of USD 852 on March 28th 2011
Down by USD 582 from the record peak of USD 1,204 on July 14th 2008

World Export Price
USD 598 per tonne, FOB the port of export
Up by USD 3 per tonne from USD 595 two weeks ago
Down by USD 14 per tonne from the recent low of USD 612 on November 28th 2011
Down by USD 175 per tonne from the recent high of USD 773 on February 28th 2011
Down by USD 515 per tonne from the record peak of USD 1,113 on July 28th 2008

Source - SteelBenchmarker

(www.steelguru.com)