Export and Import Levels
Trend of Chinese steel export offers (WEEK 27) - 08 Jul, 2008

ItemGradeSize27-Jun4-JulTrend
BilletQ235150x1501060-10701080-1110Up
RebarHRB40012-251070-10801080-1100Up
Wire rodQ1955.5-121080-10901130-1150Up
HRCSS 4004.5-111050-10801000-1040Down
PlatesSS 40012-401140-11501140-1150Flat
CRCSPCC1.0x12501120-11601130-1170Up
HDGSGCC1.0x12501140-11901140-1190Flat

Rate in USD per tonne
Delivery – FOB Chinese port
HDG spec is SGCC DX 51D 140gms
(Sourced from www.steelprices-china.com)


Today's News
Clips
0blt1 Ukrainian steel makers very low on orders - Report
0blt1 Indian domestic prices remain stable
0blt1 Chinese domestic CR prices rebound amid week export market
0blt1 Mandi sees dip in scrap and pencil ingot
Announcements
0blt1 Details of Baosteel prices for Q4 of 2008
0blt1 Global steel prices expected to peak before the year end - MEPS
0blt1 Nippon Steel in advanced talks on Q4 heavy plate exports
0blt1 Steel prices dip lower in July - CISA
0blt1 ArcelorMittal US cites scrap as reason for price rollback
News And Trends
0blt1 Indian government asks steel makers to keep price steady
0blt1 SS prices to move downward further before September
0blt1 International coal price may move upwards
0blt1 Chinese steel makers to follow Baosteel to cut Q4 prices
Export And Import Levels
0blt1 Coal prices dip to USD 162 a tonne in Australia
0blt1 Chinese HDG exports price witness rebound
0blt1 Chinese rebar export market remain slow
Trade Issues
0blt1 Indian steel companies push for iron ore export tax hike
Round_corner2
Currency Rates
28 Aug, 2008
USD 1.0000
AUD 1.1648
BRL 1.6226
CAD 1.0461
CNY 6.8293
EUR 0.6802
GBP 0.5431
INR 43.8023
JPY 109.3490
RUB 24.6111
ZAR 7.7793
Source: OANDA.com
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