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Southern European HRC Steel prices advance further to €394 per ton

The Southern European hot rolled cold (HRC) steel prices advanced further by €2 per ton week-on-week at €394 per ton in the week ended April 17, as per the latest figures from the Steel Index.

Major Regions Steel Scrap Price (Weekly)

Regions Specification Average Prices (RMB/mt) Change (RMB/mt) Date
Bei Jing Heavy, VAT Included 2,970 0 2010-09-30
Guang Zhou Heavy, VAT Included 2,975 20 2010-09-30
Shang Hai Heavy, VAT Included 2,720 -40 2010-09-30
Zhang Jia Gang Heavy, VAT Included 3,080 30 2010-09-30

Notes

Steel Scrap Import Volume (Monthly)

Products Quantity Date
Cast Iron Scrap 0 2011-08-01
Stainless Steel Scrap 0.62 2011-08-01
Other Alloy Scrap 0.95 2011-08-01
Tin-Plated Scrap 0 2011-08-01
Other Scrap 50.09 2011-08-01

Notes

Steel Scrap Export Volume (Monthly)

Products Quantity Date
Cast Iron Scrap 0 2011-08-01
Stainless Steel Scrap 0 2011-08-01
Other Alloy Scrap 0 2011-08-01
Tin-Plated Scrap 0 2011-08-01
Other Scrap 0.03 2011-08-01

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Steel Feature

China has introduced new export rebate policy on some products in 2015. What detailed information is about those adjustments, and how those changes will affect the related sectors?

Scrap Publications

More

China Steel Briefing 20150424

Lackluster domestic and overseas demand prevented China’s finished steel output from growing significantly from a year ago.


China Steel Briefing 20150417

The country’s finished steel exports will remain strong, against the backdrop of anti-dumping in overseas market and cancellation of export rebate on boron-added steel.


China Steel Briefing 20150410

The steel prices are likely to fall further in the medium term, despite the arrival of the traditional peak-demand season.


CNY Base Rate

100 units of foreign currencies in CNY

Name Buying Rate Selling Rate Middle Rate
USD 618.43 620.91 612.41
HKD 79.8 80.1 79.02
100JPY 516.7 520.32 513.58
EUR 667.52 672.2 663.8
GBP 928.79 935.31 923.66
Date: 2015-04-24

Source: spot exchange rate at UTC 10:55 am every day on the website of Bank of China