Announcements
Feng Hsin cuts rebar prices again - 03 Sep, 2008
Taiwan’s Feng Hsin Iron & Steel has announced to cut domestic rebar prices again by TWD 2,000 per tonne this week. The move is bringing its total drop to TWD 5,000 per tonne in three weeks, and the company’s rebar price is now about TWD 23,500 per tonne.

The general scrap price decreased by TWD 1,200 per tonne on August 30th 2008 and decreased by TWD 500 per tonne on September 1st 2008. The scrap price is dropping to TWD 10,900 to TWD 11,600 per tonne.

Price of section also dipped by TWD 1,500 per tonne this week. New offer price of section steel is in a range of TWD 26,000 to TWD 26,200 per tonne. Actual deal price in the market is around TWD 25,500 to TWD 25,700 per tonne.

(Sourced from YIEH.com)


Today's News
Clips
0blt1 Oil closing on to USD 50 on Gaza and Russia gas tussle
0blt1 US local rebar demand in downward trends
0blt1 Nickel shot up to USD 13,000 per tonne at LME
0blt1 Korean steelmakers to export CR products at low prices
0blt1 Oil closing on to USD 50 on Gaza and Russia gas tussle
0blt1 US local rebar demand in downward trends
0blt1 Nickel shot up to USD 13,000 per tonne at LME
0blt1 Korean steelmakers to export CR products at low prices
0blt1 Oil closing on to USD 50 on Gaza and Russia gas tussle
0blt1 US local rebar demand in downward trends
0blt1 Nickel shot up to USD 13,000 per tonne at LME
0blt1 Korean steelmakers to export CR products at low prices
Announcements
0blt1 Feng Hsin raised rebar prices by TWD 500 per tonne
0blt1 AK Steel surcharge for electrical steel
0blt1 Indian domestic steel price index stable
0blt1 Chinese steel market starts New Year with price rally
0blt1 Indian long product prices shows improvement in West
0blt1 International coal price tends stable on rising crude price
0blt1 Indian flat products prices remain stable
0blt1 Scrap and ingot prices improve at some locations in India
0blt1 Feng Hsin raised rebar prices by TWD 500 per tonne
0blt1 AK Steel surcharge for electrical steel
0blt1 Indian domestic steel price index stable
0blt1 Chinese steel market starts New Year with price rally
0blt1 Indian long product prices shows improvement in West
0blt1 International coal price tends stable on rising crude price
0blt1 Indian flat products prices remain stable
0blt1 Scrap and ingot prices improve at some locations in India
0blt1 Feng Hsin raised rebar prices by TWD 500 per tonne
0blt1 AK Steel surcharge for electrical steel
0blt1 Indian domestic steel price index stable
0blt1 Chinese steel market starts New Year with price rally
0blt1 Indian long product prices shows improvement in West
0blt1 International coal price tends stable on rising crude price
0blt1 Indian flat products prices remain stable
0blt1 Scrap and ingot prices improve at some locations in India
News And Trends
0blt1 Indian iron ore spot prices decline last week
0blt1 Indian iron ore spot prices decline last week
0blt1 Indian iron ore spot prices decline last week
Export And Import Levels
0blt1 Newcastle thermal coal price down by 1.7%
0blt1 Chinese steel export prospects remain bleak in 2009
0blt1 Newcastle thermal coal price down by 1.7%
0blt1 Chinese steel export prospects remain bleak in 2009
0blt1 Newcastle thermal coal price down by 1.7%
0blt1 Chinese steel export prospects remain bleak in 2009
Trade Issues
0blt1 Major initiatives taken by Indian steel ministry
0blt1 China eliminates nickel from catalogue of forbidden products
0blt1 Mr Wen plans to help auto and steel industries
0blt1 Ukraine to keep railway tariffs for industries unchanged
0blt1 China to resume tax-free policy on copper, nickel, aluminium
0blt1 Major initiatives taken by Indian steel ministry
0blt1 China eliminates nickel from catalogue of forbidden products
0blt1 Mr Wen plans to help auto and steel industries
0blt1 Ukraine to keep railway tariffs for industries unchanged
0blt1 China to resume tax-free policy on copper, nickel, aluminium
0blt1 Major initiatives taken by Indian steel ministry
0blt1 China eliminates nickel from catalogue of forbidden products
0blt1 Mr Wen plans to help auto and steel industries
0blt1 Ukraine to keep railway tariffs for industries unchanged
0blt1 China to resume tax-free policy on copper, nickel, aluminium
Round_corner2
Price Index - India
  Jan-05 Jan-02
ILPPI 7130 7115 Up
IFPPI 6784 6782 Up
INDSPI 6965 6956 Up
Currency Rates
06 Jan, 2009
USD 1.0000
AUD 1.4031
BRL 2.2930
CAD 1.2062
CNY 6.8210
EUR 0.7270
GBP 0.6876
INR 48.9445
JPY 92.6172
RUB 29.0807
ZAR 9.3662
Source: OANDA.com
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