It is reported that prices of flat products at Black Sea remained in positive dynamics this week.
HRC FOB Black Sea
Ilyich - USD 570 per tonne to USD 580 per tonne
Zaporizhstal - USD 590 per tonne and up
Russian - USD 600 per tonne to USD 630 per tonne
On the other hand, plates are traded in the range of USD 620 per tonne to USD 660 per tonne FOB Black Sea.
www.steelprices-europe.com is a comprehensive service for tracking real time steel prices and trends in both South and North Europe on weekly basis.
The scope of service includes
1. Domestic pricing information in Germany, Italy and Spain
2. Import pricing information in Germany, Italy and Spain
3. Import levels at Antwerp and Turkey
4. 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 region
Methodology and access
1. Benchmark products in each category with fixed commonly used sizes and grades
2. Base prices or effective, as per market trends
3. Average transaction levels which have settled well, based on continuous interactions with domestic mills, overseas suppliers, importers stockiest & service centers and buyers
4. On fixed market oriented payment terms
5. Weekly updates
6. Data available since February 2009
5. Access through web site
Products covered
1. Input materials and semis in Europe
2. Long Products in Europe
3. Flat Products in Europe
4. CFR Turkey prices
5. FOB levels for export FOB Black Sea, China, Turkey and India
Price basis and payment terms for Europe
1. Price basis - B- Base price and E - Effective price
2. Payment term - All prices in Europe are net to the final customer with following payment terms
A. Italy & Spain
1. Domestic prices are EXW or DDP with payment 90 days from delivery
2. Import prices are CIF FO with LC at 90 days from BL date
B. Germany
1. Domestic prices are EXW or DDP with payment on the 15th of the following month
2. Import prices are CFR FO with open term payment at 30 days from date of arrival
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.
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Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news.
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