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| Monday Market Monitor - China (WEEK 34) - Down trend continues - 25 Aug, 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Chinese domestic steel price continue to go down last week across all locations showing signs of weakening of demand. Market sources have attributed this trend to sluggish demand. Domestic Billets 150*150 Q235
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne WRC 6.5mm Common
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne Rebar 20mm HRB 400
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne HRC 4.75mm Common
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne Plates 20mm Common
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne CR 1.0mm Common
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne HDG 0.5mm Common
Change on August 22nd is with respect to prices on August 15th 2008 Change is per tonne Exports Trend of lower offers for exports from second and third tier Chinese mills continued last week
HDG is in DX 51D 140gms Change on August 22nd is with respect to prices on August 15th 2008 Change is in USD per tonne Delivery FOB China port Since the beginning of July, Chinese mills have become very aggressive on export front and have reduced prices for all categories by 10% to 20%, except HDG.
HDG is in DX 51D 140gms Change on August 22nd is with respect to prices on July 11th 2008 for all products except HRC for which comparison is with peak prices on July 4th 2008 Change is in USD per tonne Delivery FOB China port If you want to know the prevailing prices and changes across the week on daily basis, please subscribe to services of www.steelprices-china.com | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Today's News | ||
| Clips | ||
 | Japanese stainless output down in September | |
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| Chinese steel import applications to Europe stay high in October | |
| News And Trends | ||
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| Chinese CRC export price tends to level off | |
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| TISCO cuts stainless steel export price by USD 750 per tonne | |
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| Japanese SS mills pending price negotiation with Asian buyers | |
| Export And Import Levels | ||
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| Steel export shrinks to 379, 000 tonnes in October | |
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| Iron Ore prices may halve in 2009 on slump | |
| Trade Issues | ||
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| US slaps duties on China welded steel pipes | |
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| Indian forging industry opposes import duty on steel | |
