It is reported that scrap prices exhibited varying trends in different markets across the globe during last week, but the changes were minor.
Turkish Import
| Change | % |
| 0 | 0% |
Change is on May 15th 2009 as compared to May 8th 2009
In USD per tonne
CNF Turkey
Rotterdam export
| Change | % |
| 5 | 3% |
Change is on May 15th 2009 as compared to May 8th 2009
USD per tonne
FOB Rotterdam
Indian domestic
| Location | Change | % |
| Chennai | 0 | 0% |
| Kandla | 267 | 1% |
| Mumbai | 0 | 0% |
| Mandi | -267 | -1% |
| Kolkata | -192 | -1% |
| Kanpur | -178 | -1% |
| Rudrapur | -267 | -1% |
| Hyderabad | 300 | 2% |
Change is on May 15th 2009 as compared to May 8th 2009
Change is in INR per tonne
Containerized shredded scrap is being offered at USD 290 per tonne to USD 315 per tonne CNF Mumbai.
China domestic
| Location | Change | % |
| Acheng | 0 | 0% |
| Anyang | 0 | 0% |
| Beijing | 0 | 0% |
| Benxi | 0 | 0% |
| Chongqing | 0 | 0% |
| Dalian | 50 | 2% |
| Guangzhou | 50 | 2% |
| Hefei | 50 | 2% |
| Jiangyin | 50 | 2% |
| Jinan | 0 | 0% |
| Kunming | 0 | 0% |
| Laiwu | 0 | 0% |
| Lanzhou | 0 | 0% |
| Lingyuan | 50 | 2% |
| Liupanshui | 0 | 0% |
| Loudi | 0 | 0% |
| Tangshan | 50 | 2% |
| Tianjin | 0 | 0% |
| Tonghua | 50 | 2% |
| Wuhan | 40 | 2% |
| Wuyang | 0 | 0% |
| Zhangjiagang | 0 | 0% |
Change is on May 15th 2009 as compared to May 8th 2009
In CNY per tonne inclusive of VAT
However, market signals point to situation where crap prices have reached the peak and may start to come down if billets and rebar prices weaken due to low demand.
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(Sourced from www.steelprices-europe.com)
