The entrance of CIS sources with aggressive offers has culminated in gravitating the prices in the short term. However shortage of scrap in the Turkish mills coupled with the resurgence of re-bar demand from Middle East will cause correction very soon as most of the mills are operating at 50% capacity .
| 03-Apr | 10-Apr | Change | % |
| 235 | 225 | -10 | -4% |
Change is on April 10th 2009 as compared to April 3rd 2009
In USD per tonne
CNF Turkey
It is reported that steel scrap prices of European origin FOB Rotterdam improved by USD 5 per tonne last week.
Rotterdam export
| 03-Apr | 10-Apr | Change | % |
| 140 | 140 | 0 | 0% |
Change is on April 10th 2009 as compared to April 3rd 2009
USD per tonne
FOB Rotterdam
Indian domestic
| Location | 03-Apr | 10-Apr | Change | % |
| Chennai | 14839 | 14839 | -1 | 0 |
| Kandla | 19810 | 19632 | -178 | 0 |
| Mumbai | 16000 | 16800 | 800 | 0 |
| Mandi | 19721 | 19543 | -178 | 0 |
| Kolkata | 18077 | 19423 | 1346 | 0 |
| Kanpur | 17767 | 18033 | 266 | 0 |
| Rudrapur | 17944 | 18033 | 89 | 0 |
| Hyderabad | 17000 | 17000 | 0 | 0 |
Change is on April 10th 2009 as compared to April 3rd 2009
Change is in INR per tonne
China domestic
| Location | 03-Apr | 10-Apr | Change | % |
| Acheng | 2250 | 2200 | -50 | -2% |
| Anyang | 2400 | 2400 | 0 | 0% |
| Beijing | 2450 | 2450 | 0 | 0% |
| Benxi | 2300 | 2200 | -100 | -4% |
| Chongqing | 2450 | 2450 | 0 | 0% |
| Dalian | 2400 | 2400 | 0 | 0% |
| Guangzhou | 2350 | 2350 | 0 | 0% |
| Hefei | 2350 | 2350 | 0 | 0% |
| Jiangyin | 2300 | 2250 | -50 | -2% |
| Jinan | 2400 | 2350 | -50 | -2% |
| Kunming | 2300 | 2300 | 0 | 0% |
| Laiwu | 2350 | 2320 | -30 | -1% |
| Lanzhou | 2000 | 2000 | 0 | 0% |
| Lingyuan | 2500 | 2500 | 0 | 0% |
| Liupanshui | 2400 | 2400 | 0 | 0% |
| Loudi | 2400 | 2400 | 0 | 0% |
| Tangshan | 2400 | 2300 | -100 | -4% |
| Tianjin | 2350 | 2300 | -50 | -2% |
| Tonghua | 2450 | 2450 | 0 | 0% |
| Wuhan | 2350 | 2350 | 0 | 0% |
| Wuyang | 2300 | 2300 | 0 | 0% |
| Zhangjiagang | 2360 | 2330 | -30 | -1% |
Change is on April 10th 2009 as compared to April 3rd 2009
In CNY per tonne inclusive of VAT
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(Sourced from www.steelprices-europe.com)
