Hot -rolled prices began to rise - Steelbenchmarker

According to the last report of the Steelbenchmarker system produced twice a month, the prices for hot rental in the United States as of June 24 rose 2.5 percent, which is $ 668 per ton, and this is a second consistent increase in prices. The price of hot rental in Western Europe increased by 0.8 percent, amounting to 606 US dollars, and this slight growth occurred for the first time after nine months of consistent reduction in prices.

The world export price of hot rental has slightly decreased - by 0.4 percent to 537 US dollars per ton, and a drop in prices is the eighth in a row.

In its one hundred seventy -fourth reports, Steelbenchmarker lit up prices for 10 types of steel products and 3 types of metal scrap in the United States.

Below are four basic prices for hot -rolled sheet steel as of June 24, 2013 :

USA

668 US dollars per ton, which is $ 16 more than two weeks ago, when the price amounted to $ 652 per ton and $ 115 more than the price of November 23, 2009. This is 302 dollars less than a recent maximum of 970 US dollars recorded on March 28, 2011, and $ 535 lower than the record price of $ 1203 per ton for July 28, 2008.

China

473 US dollars per ton, similarly with a mark of two -week ago, but $ 26 above the recent minimum of $ 447 on September 10, 2012, and $ 66 above the minimum of October 12, 2009, when the cost of a ton of hot rental dropped to 407 US dollars. This price is 164 dollars per ton lower than on August 22, 2011 - 637 US dollars, and $ 260 below the record price of $ 733 as of July 14, 2008.

Western Europe

606 dollars per ton, which shows an easy price of price - for $ 5 for the last 2 weeks, from $ 601, and $ 15 higher than the recent minimum of $ 591 on November 12, 2012, as well as $ 571 dollar per ton of November 23, 2009. This price of $ 246 per ton below the recent maximum of 852 US dollars of March 28, 2011 and $ 598 less than a record $ 1204 per ton of July 14, 2008.

average world export price

537 US dollars per ton, decreased over the past 2 weeks by $ 2, but increased by $ 5 from the recent minimum of $ 532 from October 8, 2012 and amounts to 41 dollar above the record minimum - 496 US dollars per ton, recorded on November 9, 2009. Today's price for $ 265 per ton below the recent maximum for February 14, 2011, 802 US dollars, and $ 576 less than a record maximum of $ 1113 of July 28, 2008.