SteelBenchmarker reported that Chinese HRB ex works price for November 23rd 2009 rose by 3.7% to USD 453 per tonne for the third consecutive time. The World export HRB price rose by 1.2% to USD 502 per tonne, FOB the port of export after four consecutive falls. The Western European HRB price fell by 1% to USD 571 per tonne ex works for the second consecutive time. The United States HRB spot price fell 3% to USD 553 per tonne, FOB the mill for the fourth consecutive time.

USA
USD 553 per tonne, FOB the mill
Down by USD 17 per tonne from USD 570 two weeks ago
Up by USD 124 per tonne from the recent low of USD 429 on May 25th 2009
Down by USD 650 per tonne from the record peak of USD 1,203 on July 28th 2008
Up by USD 323 per tonne from the record low of USD 230 in December 2001

China
USD 453 per tonne, ex works
Up by USD 16 per tonne from USD 437 two weeks ago
Up by USD 62 per tonne from the recent low of USD 391 on April 13th 2009
Down by USD 280 per tonne from the record peak of USD 733 on July 14th 2008
Up by USD 206 per tonne from the record low of USD 247 in January 2002

Western Europe
USD 571 per tonne, ex works
Down by USD 6 per tonne from USD 577 two weeks ago
Up by USD 118 per tonne from the recent low of USD 453 on April 27th 2009
Down by USD 633 per tonne from the record peak of USD 1,204 on July 14th 2008
Up by USD 382 per tonne from the record low of USD 189 in December 2001

World Export Price
USD 502 per tonne, FOB the port of export
Up by USD 6 per tonne versus USD 496 two weeks ago
Up by USD 108 per tonne from the recent low of USD 394 on May 11th 2009
Down by USD 611 per tonne from the record peak of USD 1,113 on July 28th 2008
Up by USD 327 per tonne from the record low of USD 175 in December 2001

(Sourced from SteelBenchmarker)