The bi monthly SteelBenchmarkerTM United States HRB spot price for December 26th 2011 rose by 2.4% to USD 774 per tonne, FOB the mill, for the third consecutive time. The world export HRB price rose by 0.3% to USD 619 per tonne, FOB the port of export, for the second consecutive time and the Chinese HRB ex works price rose by 0.2% to USD 562 per tonne, for the second consecutive time.

USA
USD 774 per tonne, FOB the mill
Up by USD 18 per tonne from USD 756 two weeks ago
Up by USD 173 per tonne from the recent low of USD 601 on November 8th 2010
Down by USD 196 per tonne from the recent high of USD 970 on March 28th 2011
Down by USD 429 per tonne from the record peak of USD 1,203 on July 28th 2008

China
USD 562 per tonne, ex works
Up by USD 1 per tonne from USD 561 two weeks ago
Up by USD 80 per tonne from the recent low of USD 482 on July 12th 2010
Down by USD 75 per tonne from the recent high of USD 637 on August 22nd 2011
Down by USD 171 from the record peak of USD 733 on July 14th 2008

World Export Price
USD 619 per tonne, FOB the port of export
Up by USD 2 per tonne from USD 617 two weeks ago
Up by USD 26 per tonne from the recent low of USD 593 on November 8th 2010
Down by USD 154 per tonne from the recent high of USD 773 on February 28th 2011
Down by USD 494 per tonne from the record peak of USD 1,113 on July 28th 2008