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Monday Market Monitor - CIS (WEEK 15) correcton mode
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Monday, 13 Apr 2009
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Long product offers saw correction with rebar and wire rod prices improving by $ 20 pmt , however flat products except for minor correction of $10 pmt in HRC and CRC remained morbid with a decline of 20 pmt in plate prices .

ItemGradeSizeChange
Billets3-5 sp/ps125-150 mm0
RebarsA300C-A500C12-32 mm20
Wire rodmesh5.5-6.5 mm20
HRCST1-ST3 kp/sp/ps2-8 mm10
HRCST1-ST3 kp/sp/ps (Russian)2-8 mm0
PlatesA368-30 mm-20
CRC08 kp (Ukrainian origin)0.5-1.5 mm0
CRCRussian origin0.5-1.5 mm10

Change is on April 10th 2009 as compared to April 3rd 2009
Change is in USD per tonne
Delivery FOB Black sea

The gap between Black Sea port prices and Chinese Main port prices closed for all products as Chinese offers plummeted vis-à-vis CIS levels.

ItemGradeSize13-Mar20-Mar27-Mar03-Apr10-Apr
BilletQ235150x150-160-145-128-100-100
RebarHRB40012-25mm-120-145-140-100-80
Wire rodQ1955.5-12mm-130-145-140-100-80
HRCSS 4004.5-11mm-120-95-120-90-60
PlatesSS 40012-40mm85105754040
CRCSPCC1.0x1250-115-115-150-90-90

Change is on April 10th 2009 as compared to April 3rd 2009
In USD per tonne
Delivery on FOB basis

To know exact prevailing FOB prices at Black Sea, China, India, Turkey and Europe, as they change, subscribe to services of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com with contact details. Please note that this is a paid service.

(Sourced from www.steelprices-india.com)

Expanded Metal by Anping County Huijin Wire Mesh Co., Ltd.
Galvanized Steel by Beijing Xinruilufeng Industry and Trade Co., Ltd.
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