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Steel Prices Plunge in Abu Dhabi

Steel and concrete prices plunged last year in Abu Dhabi due to economic slowdown, a report said
 on Saturday. The steel prices plummeted 43.9 per cent while concrete rates declined 13.5 per cent in the emirate in 2009, according to a report issued by Statistics Centre Abu Dhabi, or SCAD, part of Department of Economic DevelopmentDepartment [...]

BlueScope Steel Swings to Loss on Prices, Currency

BlueScope Steel Ltd., Australia’s largest steelmaker, swung to a loss in the first half because of declining prices and a strengthening local currency. The loss was A$28.5 million ($25 million), or 1.6 cents a share, in the six months ended Dec. 31, compared with a profit of A$407 million, or 43.4 cents, a year earlier, the Melbourne- based [...]

China’s fight with the Rio Tinto Four has implications for steel prices

In the next few weeks a trial is expected to start in a Shanghai court, which will have implications for the price of iron ore and steel in the coming year and which may also affect the confidence with which foreign investors approach opportunities in China. The trial, after eight months of waiting, is of Australian national Stern Hu, the head [...]

Steel price should stabilise at current levels: SAIL

The Steel Authority of India Ltd on Thursday said steel prices should stabilise at current levels after hikes in recent months. “Prices have been raised and we don’t see any further rise in steel prices,” SAIL Chairman and MD S.K. Roongta said on the sidelines of an international conference on refractory industry.

Blast Furnace Route Steelmaking Costs 2009

Blast Furnace Route Steelmaking Costs 2009 Conversion costs for BOF steelmaking Integrated steelmaking - crude steel - cost model Item $/unit Factor Unit Unit cost Fixed Variable Total Iron ore 1.559 t 72 112.25 112.25 Iron ore transport 1559 t 11 17.15 17.15 Coking [...]

Chinese steel price hike uncertain due to the high inventories

he price movement in last 5 days signals that Chinese domestic steel market has started upturn with prices of benchmark products in WRC posting gains at most of the locations. WRC 6.5mm High Speed Location CNY USD % [...]

PRICES OF PAKISTAN STEEL PRODUCTS

PRICES OF PAKISTAN STEEL PRODUCTS

Effective from 22/10/2009 Price List No: 2009/13 Ex-Mill Price in Rupees/Tonne (Excluding Sales Tax/Excise Duty) 1. BILLETS/BLOOMS (a) Prime All grades including SAE-1006, SAE-1008, SAE-1010 except SUP series or as specified below: Dimensions Price Rs./Ton Billets 150 x 150mm 125 x 125mm 90 x 90mm/ 100 x 100mm/ [...]

OCTOBER SCRAP PRICES BACK DOWN TO JULY LEVELS IN ITALY

Some Italian mills are forecasting a further slowdown in steel demand up to the end of the year but others see demand reviving slightly between November and beginning of December, an industry source tellsSteel Business Briefing. October scrap prices are not too far from the levels of July, a scrap merchant says. “Since the beginning of September [...]

UAE Steel Price Indications

1 Sept. 2009 -  Import Steel Prices US$ /Ton CFR Dubai Countries of Origin     Billets -  Blooms 470  -  480 CIS, Turkey     Reinforcing Bars 505  -  515 Turkey     Angles 560  -  590 Turkey, China     Beams (JIS-Sizes) 570  -  630 China, Korea     Beams - Channels (EN + [...]

Steel Product Price Levels across 2008 – 2009

Current prices & historic pricing levels. World Carbon Steel Transaction Prices World Steel Prices US $/tonne Hot Rolled Steel Coil Hot Rolled Steel Plate Cold Rolled Steel Coil Steel Wire Rod Medium Steel Sections Jan 2008 639 847 716 621 871 Feb [...]

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