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Monday Market Monitor - EU - WEEK 42 - Slipping deeper in mess
842 times viewed.
Monday, 24 Oct 2011
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It is reported that the demand for steel in European market is scarce and orders are being booked only on back to back basis although stock levels are quite low.

It seems that sellers are facing heat in realizing extras also.

Major European distributions Groups are all concerned about stock levels and trying to cancel or postpone any remaining order booked for 2011.

1. Plates

HRP
S 235 / S275JR
5-20x2000

CountryDomestic Import
Germany00
Spain00
Italy00


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

2. Hot Rolled Coils

HRC
S235JR
2-12x1000-1500

CountryDomestic Import
Germany-30-15
Spain-10-5
Italy00


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

3. Cold Rolled coils

CRC
DC 01
0.60 Avx1250

CountryDomestic Import
Germany00
Spain010
Italy-100


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

4. Hot Dipped Galvanized

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

CountryDomestic Import
Germany1010
Spain1020
Italy010


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

5. Merchant bars

Merchant bars (B)
S235JR
5 to 150 mm

CountryDomestic Import
Germany-50
Spain-50
Italy-100


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

6. IPN / UPN

IPN / UPN (B)
S235JR
50 to 400 mm

CountryDomestic Import
Germany-100
Spain-100
Italy-100


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

7. HEA/B/M

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

CountryDomestic Import
Germany00
Spain00
Italy00


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

8. De-Bars

De-Bars (E)
FE500
6 to 40 mm

CountryDomestic Import
Germany0-20
Spain-10-10
Italy-100


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

9. WRC Mesh

WR Mesh (E)
S235JR
5.5 to 16 mm

CountryDomestic Import
Germany10-20
Spain-100
Italy-100


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

10. WRC Drawing

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

CountryDomestic Import
Germany10-20
Spain-1010
Italy-100


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne
(E) - Effective
(B) - Base

CFR Antwerp

ProductGradeThick mmChange
HRPS235JR10-60x2500-5
HRPS355J2+N10-60x2500-5
HRCS235JR2-12x12500
CRCDC 010.60 Avx12500
HDGDX 51 D/Z 180/NA-C0.60 Avx12500


Change is on Oct 21st as compared to 14th Oct 2011
In EUR per tonne

www.steelprices-europe.com is a comprehensive service for tracking real time steel prices and trends in both South and North Europe on weekly basis.

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

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)

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