The scrap prices has been through an undulating movement in tandem with the turbulence in the steel industry since the onset of recession in July 2008.
The movements in scrap prices has correlation with the steel prices albeit at a slow pace. However with the persistent flux in the global steel market the relation has become more pronounced as steel manufacturers aim to minimize inventory to prune cost thereby accentuating fickleness.
Scrap prices demonstrated the characteristic waxing and waning with of amplified magnitude thereby affecting the bottom line of steel manufacturers in this turbulence. On the flip side the movements bear a correlation with the swinging fortunes in the steel market albeit not in the same proportion.
These erratic happenings in the steel scrap prices globally spurred us to launch a special package on our portal www.steelprices-global.com to aid furnace owners , scrap dealers etc by providing handy and incisive information from a cross section of vital markets viz India, Turkey, China & Europe enabling players to take a commercially prudent decision.
A. Domestic Levels
India
| Products | Scrap HMS 80:20 | Plate cuttings and Ship breaking |
| Location | Chennai, Hyderabad, Kandla, Kanpur, Kolkata, Mandi, Mumbai, Rudrapur | Alang |
China
| Products | Scrap 6-8 Foundry |
| Locations | Acheng, Anyang, Beijing, Benxi, Chongqing, Dalian, Guangzhou, Hefei, Jiangyin, Jinan, Kunming, Laiwu, Lanzhou, Lingyuan, Liupanshui, Loudi, Tangshan, Tianjin, Tonghua, Wuhan, Wuyang, Zhangjiagang |
B. International levels
| Locations | Rotterdam | Turkey |
| Grade | HMS | A3 |
| Size | 80:20 | 500x500x1500 |
Updation
Domestic prices are updated 5 times week and are displayed on daily, weekly and monthly basis
FOB levels are updated once a week
All these features are accessible only to registered user who is provided with a login id and password after payment is received. To know more about the service, please logon to the web site and click on “Features”, “Subscription” and if you like the services on “Registration”.
This is a paid service with annual subscription fee of:
1. USD 500
2. INR 25,000 + Service Tax
To know more details on steel prices subscribe to services of www.steelprices-global.com by registering or sending a mail to admin@steelprices-india.com with contact details. Contact No. 0091 124 4048993