Middle East steel prices firmed up a bit on International pressures a bit last week. The Middle East Long Product Price Index MLPPI increased by 23 points while the Middle East Flat Products Index MFPPI moved up just b 1 point. The overall price index MEASPI improved by 16 points.
| Category | 13-Aug | 20-Aug | Change | % |
| MLPPI | 3746 | 3769 | 23 | 0.6% |
| MFPPI | 5252 | 5253 | 1 | 0.0% |
| MEASPI | 4202 | 4219 | 16 | 0.4% |
MLPPI - Middle East Long Product Price Index
MFPPI - Middle East Flat Product Price Index
MEASPI - Middle East Steel Price Index
| Category | 13-Aug | 20-Aug | Change | % |
| PI – Rebar | 3433 | 3442 | 9 | 0.3% |
| PI - WRC | 3567 | 3608 | 40 | 1.1% |
| PI - Angle | 4678 | 4723 | 45 | 1.0% |
| PI – Structural | 4731 | 4731 | 0.0% | |
| PI – HEA | 5114 | 5114 | 0.0% |
PI - Product Index
| Category | 13-Aug | 20-Aug | Change | % |
| PI - Plates | 5340 | 5341 | 2 | 0.0% |
| PI - Hot Rolled | 4609 | 4614 | 5 | 0.1% |
| PI - Cold Rolled | 4752 | 4752 | 0.0% | |
| PI - Galvanized | 5272 | 5272 | 0.0% |
PI - Product Index
To know more about these indices please visit
http://steelprices-middleeast.com/spi_services/spi.html
Ramadan which began on August 21st 2009 is traditionally considered the period of low business activity and there is likely to be lull during this period.
1. Long products
Rebars
BS4449 Grade 460B
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 20 | 5 |
Change is on August 20th 2009 as compared to August 13th 2009
Wire Rods
SAE 1008
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 25 | 7 |
| UAE | AED | 25 | 7 |
Change is on August 20th 2009 as compared to August 13th 2009
Angles
A36/S275JR
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 3 | 10 |
| Qatar | QAR | 10 | 3 |
| Saudi Arab | SAR | 15 | 4 |
| UAE | AED | 40 | 11 |
Change is on August 20th 2009 as compared to August 13th 2009
Channels
A36/S275JR
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 2 | 7 |
| Qatar | QAR | 10 | 3 |
| Saudi Arab | SAR | 15 | 4 |
| UAE | AED | 40 | 11 |
Change is on August 20th 2009 as compared to August 13th 2009
HEA
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
IPE
14-16-18
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
W section
A36/S275JR
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
Structural
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
2. Flat products
Plates
3x12
S275 JR
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
Plates
2x6
A36/SS400
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
HR
SS 400
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 65 | 18 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
CR
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
HDG
0.7mm
| Location | CUR | Change | In USD |
| Bahrain | BHD | 0 | 0 |
| Kuwait | KWD | 0 | 0 |
| Qatar | QAR | 0 | 0 |
| Saudi Arab | SAR | 0 | 0 |
| UAE | AED | 0 | 0 |
Change is on August 20th 2009 as compared to August 13th 2009
3. Turkish exports
| Product | Grade | Size mm | Change |
| Billets | SAE 1008 | 125 x 125 | 20 |
| Rebars | BSt500 | 8 to 32 | 20 |
| Wire Rod | SAE 1008 | 5.5 to 16 | 10 |
Change is on August 21st 2009 as compared to August 14th 2009
Change is in USD per tonne
4. Turkish imports
| Product | Grade | Size mm | Change |
| Scrap | A3 | 500x500x1500 | 30 |
| Billets | 3Sp/Ps | 125x125 | 30 |
| HRC | S235JR | 3-12x1000-1500 | 20 |
| PLTS | S275JR | 10-40x2500-3000 | 0 |
Change is on August 14th 2009 as compared to August 7th 2009
Change is in USD per tonne
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(Sourced from www.steelprices-middleeast.com)
