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Monday Market Monitor - Middle East - WEEK 52 - Continues to align with global trends
495 times viewed.
Monday, 03 Jan 2011
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Higher import offers for almost all products led to increase in domestic prices of various steel products in MEA last week again.

The Middle East Long Product Price Index MLPPI is went up by 29 points last week whereas the Middle East Flat Products Index MFPPI also went up by 118 points. The overall price index Middle East MEASPI inclined by 56 points.

Class23-Dec30-DecChange%
MLPPI50045033290.6%
MFPPI606561831182.0%
MEASPI53265382561.1%


MLPPI - Middle East Long Product Price Index
MFPPI - Middle East Flat Product Price Index
MEASPI - Middle East Steel Price Index

Long products

Category23-Dec30-DecChange%
PI - Rebar48914926350.7%
PI - WRC48184836180.4%
PI - Angle559456961021.8%
PI - Structural5448544800.0%
PI - HEA59735991180.3%


PI - Product Index

Flat products

Category23-Dec30-DecChange%
PI - Narrow Plates539055701803.3%
PI - Wide Plates6859686230.0%
PI - Hot Rolled5636563600.0%
PI - Cold Rolled5790579000.0%
PI - Galvanized651468643505.4%


PI - Product Index

W Section
A36/S275JR

LocationCURChangeUSD
BahrainBHD00
DammamSAR51
DubaiAED51
JeddahSAR51
KuwaitKWD00
QatarQAR51


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

Angles
A36/S275JR

LocationCURChangeUSD
BahrainBHD514
DammamSAR5013
DubaiAED5515
JeddahSAR5013
KuwaitKWD00
QatarQAR5515


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

Channels
A36/S275JR

LocationCURChangeUSD
BahrainBHD514
DammamSAR103
DubaiAED51
JeddahSAR103
KuwaitKWD28
QatarQAR51


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

Rebars
BS4449 Grade 460B

LocationCURChangeUSD
BahrainBDR25
DammamSAR205
DubaiAED205
JeddahSAR205
KuwaitKDW312
QatarQAR205


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

Wire Rod
SAE 1008

LocationCURChangeUSD
BahrainBDR00
DammamSAR51
DubaiAED205
JeddahSAR51
KuwaitKDW311
QatarQAR205


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

Plates 3x12
S275 JR

LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED103
JeddahSAR00
KuwaitKDW00
QatarQAR103


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

HRC

LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW00
QatarQAR00


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

HDG
0.7

LocationCURChangeUSD
BahrainBDR1539
DammamSAR20053
DubaiAED20054
JeddahSAR20053
KuwaitKDW1659
QatarQAR20055


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

CR

LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW27
QatarQAR00


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

IPE
14-16-18

LocationCURChangeUSD
BahrainBDR513
DammamSAR103
DubaiAED51
JeddahSAR103
KuwaitKDW00
QatarQAR51


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

Structural

LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW00
QatarQAR00


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

HEA

LocationCURChangeUSD
BahrainBDR25
DammamSAR103
DubaiAED103
JeddahSAR103
KuwaitKDW00
QatarQAR103


Change is on Dec 30th 2010 as compared to Dec 23rd 2010
Change is per tonne

www.steelprices-middleeast.com is a comprehensive service for tracking real time domestic steel prices and trends in Middle East.

The scope of service includes
1. Domestic pricing information in UAE, Saudi Arab, Qatar, Kuwait and Bahrain
2. 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 trend setting region

Methodology and access
1. Benchmark products in each category with fixed commonly used sizes and grades
2. Average transaction levels which have settled well, based on continuous interactions with domestic mills, service centers, stockiest, traders and buyers
4. On fixed market oriented payment terms
5. Daily updates
6. Data available since July 2008
5. Access through web site

Products covered
1. Long Products
2. Flat Products
3. FOB levels for export FOB Black Sea, China, Turkey and India

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 month period

CurrencySingle2-56-1213-2526-4040-60
In USD1,650 3,300 5,500 11,000 16,500 22,000


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

(Sourced from www.steelprices-middleeast.com



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