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Monday Market Monitor - EU - WEEK 34 - Unclear signals
1351 times viewed.
Monday, 29 Aug 2011
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As only part of the buyers and sellers came back last week, situation of steel market remained hazy in Europe last week.

While there was a visible downward pressure on most of the items, prices of H Beams posted good recovery.

On the other hand some domestic players may try for a small hike early September.

1. Plates

HRP
S 235 / S275JR
5-20x2000

CountryDomestic Import
Germany0-10
Spain-50
Italy0-10


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

2. Hot Rolled Coils

HRC
S235JR
2-12x1000-1500

CountryDomestic Import
Germany-10-10
Spain-10-10
Italy00


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

3. Cold Rolled coils

CRC
DC 01
0.60 Avx1250

CountryDomestic Import
Germany0-10
Spain00
Italy100


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

4. Hot Dipped Galvanized

HDG
DX 51 D / Z100-120 / AS
0.55 - 0.57x AW

CountryDomestic Import
Germany0-10
Spain0-10
Italy00


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

5. Merchant bars

Merchant bars (B)
S235JR
5 to 150 mm

CountryDomestic Import
Germany00
Spain05
Italy1010


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

6. IPN / UPN

IPN / UPN (B)
S235JR
50 to 400 mm

CountryDomestic Import
Germany00
Spain00
Italy00


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

7. HEA/B/M

HEA/B/M (E)
S235JR
100 to 600 mm

CountryDomestic Import
Germany105
Spain1010
Italy010


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

8. De-Bars

De-Bars (E)
FE500
6 to 40 mm

CountryDomestic Import
Germany1010
Spain-100
Italy-100


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

9. WRC Mesh

WR Mesh (E)
S235JR
5.5 to 16 mm

CountryDomestic Import
Germany1010
Spain-100
Italy-1010


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

10. WRC Drawing

WR Drawing (E)
SAE 1006/8
5.5 to 16 mm

CountryDomestic Import
Germany1010
Spain00
Italy00


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne
(E) - Effective
(B) - Base

CFR Antwerp

ProductGradeThick mmChange
HRPS235JR10-60x2500-15
HRPS355J2+N10-60x2500-10
HRCS235JR2-12x1250-10
CRCDC 010.60 Avx1250-10
HDGDX 51 D/Z 180/NA-C0.60 Avx1250-10


Change is on Aug 26th as compared to 19th Aug 2011
In EUR per tonne

The scope of service includes
1. Domestic pricing information in Germany, Italy and Spain
2. Import pricing information in Germany, Italy and Spain
3. Import levels at Antwerp and Turkey
4. Export levels from Turkey, Rotterdam, China, India and Black Sea

The service is specifically designed to assist steel makers, traders, users and others connected with the industry to keep track of real time prices prevailing in the market and thus comprehensively evaluate steel pricing trends in the region

Methodology and access
1. Benchmark products in each category with fixed commonly used sizes and grades
2. Base prices or effective, as per market trends
3. Average transaction levels which have settled well, based on continuous interactions with domestic mills, overseas suppliers, Importers stockiest & service centers and buyers
4. On fixed market oriented payment terms
5. Weekly updates
6. Data available since February 2009
5. Access through web site

Products covered
1. Input materials and semis in Europe
2. Long Products in Europe
3. Flat Products in Europe
4. CFR Turkey prices
5. FOB levels for export FOB Black Sea, China, Turkey and India

Price basis and payment terms for Europe

1. Price basis - B- Base price and E - Effective price

2. Payment term - All prices in Europe are net to the final customer with following payment terms

A. Italy & Spain
1. Domestic prices are EXW or DDP with payment 90 days from delivery
2. Import prices are CIF FO with LC at 90 days from BL date

B. Germany
1. Domestic prices are EXW or DDP with payment on the 15th of the following month
2. Import prices are CFR FO with open term payment at 30 days from date of arrival

Other features

The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available.

In addition, you can monitor currency exchange rates, metal prices, BDI for the day as well as access their archives for past data.

Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news.

Subscription charges for 12 months access

CurrencySingle2-56-1213-2526-4040-60
In EUR9501,9003,2006,4009,50012,700


How to subscribe
1. Register at www.steelprices-europe.com and pay on line or ask for invoice
2. Send mail to admin@steelprices-europe.com.

(Sourced from www.steelprices-europe.com)

Expanded Metal by Anping County Huijin Wire Mesh Co., Ltd.
Galvanized Steel by Beijing Xinruilufeng Industry and Trade Co., Ltd.
Wire Mesh Manufacturers & Suppliers
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