The bi monthly SteelBenchmarkerTM™ United States HRB spot price for January 9th 2012 rose by 3.6% to USD 802 per tonne, FOB the mill, for the four consecutive times. The World Export HRB price rose by 1.6% to USD 629 per tonne, FOB the port of export, for the third consecutive time. Western European HRB price rose 1.6% to USD 645 per tonne, ex works, after falling six consecutive times. The Chinese HRB ex works price slipped 0.7% to USD 558 per tonne, after rising two consecutive times.

USA
USD 802 per tonne, FOB the mill
Up by USD 28 per tonne from USD 774 two weeks ago
USD 201 per tonne from the recent low of USD 601 on November 8th 2010
Down by USD 168 per tonne from the recent high of USD 970 on March 28th 2011
Down by USD 401 per tonne from the record peak of USD 1,203 on July 28th 2008

China
USD 558 per tonne, ex works
Down by USD 4 per tonne from USD 562 two weeks ago
Up by USD 76 per tonne from the recent low of USD 482 on July 12th 2010
Down by USD 79 per tonne from the recent high of USD 637 on August 22nd 2011
Down by USD 175 from the record peak of USD 733 on July 14th 2008

Western Europe
USD 645 per tonne, ex works
Up by USD 10 per tonne from USD 635 four weeks ago
Down by USD 23 from the recent low of USD 668 on November 22nd 2010
Down by USD 207 per tonne from the recent high of USD 852 on March 28th 2011
Down by USD 559 from the record peak of USD 1,204 on July 14th 2008

World Export Price
USD 629 per metric tonne, FOB the port of export
Up by USD 10 per tonne from USD 619 two weeks ago
Up by USD 36 per tonne from the recent low of USD 593 on November 8th 2010
Down by USD 144 per tonne from the recent high of USD 773 on February 28th 2011
Down by USD 484 per tonne from the record peak of USD 1,113 on July 28th 2008