Hot band "spot" prices jump in last fortnight

 

SteelBenchmarker™ reported an overall jump in hot band prices for the last fortnight
The four benchmark prices for hot rolled band included in the March 12th report are
1. US
USD 611 per metric ton FOB the mill
Up by USD 14 per ton from USD 597 two weeks ago
Down USD 87 per ton from the peak of USD 698 on July 24th 2006
2. World Export Price
USD 583 per metric ton FOB the port of export
Up by USD 21 per ton from USD 562 two weeks ago
Down USD 27 per ton from the peak of USD 610 on June 12th 2006
3. Western Europe
USD 660 per metric ton ex works
Up by USD 36 per ton from USD 624 two weeks ago
Up by USD 29 per ton the previous peak of USD 631 on July 24th 2006
4. China
USD 440 per metric ton ex works
Down by USD 2 per ton from USD 442 two weeks ago
Down USD 24 per ton from the peak of USD 464 on June 12th 2006
SteelBenchmarker publishes steel benchmark prices for hot rolled band, cold rolled coil, rebar and standard plate in the US, Western Europe, mainland China and the world export market twice each month.

 

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