nd
2016 rose 4.8% to $262 per tonne for the second consecutive time. The
World export HRB price surged 4.0% to $28 3 per tonne after two
consecutive declines. The Western European HRB price increase d 0.5% to
$362 per tonne (on a Euro basis, it increased 1.6%) for the second
consecutive time.
Price The United States HRC
spot price declined 0.5% to $441 per metric tonne after four
consecutive increases. In its two hundred thirty seventh report, the
SteelBenchmarker TM released 10 steel products and 3 USA scrap prices.
Of the se, here are four benchmark prices for hot-rolled band for
February 22, 2016:
Price USA HRC
– $441 per metric tonne ($400 per net ton), FOB the mill – down $2 per
tonne from $443 ($402 nt) two weeks ago, down $196 from the recent low
of $637 ($578 nt) on May 27,
2013
and down $112 from the low of $553 per tonne ($502 nt) on Nov. 23,
2009. It is down $529 per tonne from the recent high of $970 ($880 nt)
on Mar. 28, 2011 and down $762 (63.3%) from the record peak of $1,203
per tonne ($1,091 nt) on July 28, 2008.
Price China HRC–
$262 per metric tonne, ex-works – up $12 per tonne from $250 two weeks
ago, down $185 per tonne from the recent low of $447 on Sept. 10, 2012
and down $145 per tonne from the low of $407 per tonne on Oct. 12, 2009.
It is down $375 per tonne from the recent high of $637 on Aug. 22, 2011
and down $471 (64.3%) from the record peak of $733 per tonne on July
14, 2008.
Price Western Europe HRC
– $362 (€327e) per metric tonne , ex-works – up $2 per tonne from $360
(€322e) two weeks ago (on a Euro basis, up €5), down $228 (down €127)
from the recent low of $590 (€454) on July 8, 2013 and down $209 (down
€54) from the low of $571 (€381) per tonne on Nov. 23, 2009. It is down
$490 (€278) per tonne from the recent high of $852 (€605) on Mar. 28,
2011 and down $842 (69.9%) (€429) (56.7%) from the record peak of $1,204
(€756) per tonne on July 14, 2008.
World Export Price
– $283 per metric tonne, FOB the port of export – up $11 compared to
$272 two weeks ago, down $249 per tonne from the recent low of $532 on
Oct. 8, 2012 and down $213 from the low of $496 per tonne on Nov. 9,
2009. It is down $490 per tonne from the recent high of $773 on Feb. 14,
2011 and down $830 (74.6%) from the record peak of $1,113 per tonne on
July 28, 2008.
Source: http://steelbenchmarker.com/files/history.pdf
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