This week prices on main products once again moved up. In line with the factors Billets offers now fully in range of USD 400-410USD per tonne FOB, main suppliers keep USD 405-410 per tonne level. The demand was primarily from Turkish producers.
Prices of finished products viz., rebar and wire rod showed improvement by USD 10-15 per tonne as fallout improvement in semis prices. Re bars by main suppliers are proposed at 455-460 USD per tonne, WRC is quoted higher at USD 465-475 per tonne.
Flats producers are well booked for December as well and this a market demand that is described as “fine”. So, bottom level for Ilyich material from Ukraine now is around USD 475 per tonne.
| Item | Grade | Size | Change |
| Billets | 3-5 sp/ps | 125-150 mm | 15 |
| Rebars | A300C-A500C | 12-32 mm | 10 |
| Wire rod | mesh | 5.5-6.5 mm | 15 |
| HRC | ST1-ST3 kp/sp/ps | 2-8 mm | 5 |
| HRC | ST1-ST3 kp/sp/ps (Russian) | 2-8 mm | 5 |
| Plates | A36 | 8-30 mm | 0 |
| CRC | 08 kp (Ukrainian origin) | 0.5-1.5 mm | 10 |
| CRC | Russian origin | 0.5-1.5 mm | 10 |
Change is on November 27th as compared to November 20th 2009
In USD per tonne
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(Sourced from www.steelprices-india.com)
