| News & Trends | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Monday Market Monitor - MEA (WEEK 34) - Correction continues - 25 Aug, 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Domestic steel prices in Middle East Asia kept its downward trend crashed last week. Long products were severely affected, which is reflected in 67 point fall in LPPI during the period whereas flat products showed a marginal buoyancy of 72 points. Overall, the Middle East Steel Price Index fell by 25 points.
LPPI - Long Product Price Index FPPI - Flat Product Price Index MEASPI - Middle East Steel Price Index Long products
Flat products
To know more about these indices please visit http://steelprices-middleeast.com/spi_services/spi.html Trend for the some steel products Rebars BS4449 Grade 460B
Change on August 22nd is with respect to prices on August 14th 2008 Change is per tonne Plates 2x6 A36/SS400
Change on August 22nd is with respect to prices on August 14th 2008 Change is per tonne Plates 3x12 S275 JR
Change on August 22nd is with respect to prices on August 14th 2008 Change is per tonne Sheets HRC A36
Change on August 22nd is with respect to prices on August 14th 2008 Change is per tonne With the weakening of import offers, the prices should be moving downwards in near future If you want to know the prevailing prices and changes across the week on daily basis, please subscribe to services of www.steelprices-middleaeast.com | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Today's News | ||
| Clips | ||
 | Japanese stainless output down in September | |
|
| Chinese steel import applications to Europe stay high in October | |
| News And Trends | ||
|
| Chinese CRC export price tends to level off | |
|
| TISCO cuts stainless steel export price by USD 750 per tonne | |
|
| Japanese SS mills pending price negotiation with Asian buyers | |
| Export And Import Levels | ||
|
| Steel export shrinks to 379, 000 tonnes in October | |
|
| Iron Ore prices may halve in 2009 on slump | |
| Trade Issues | ||
|
| US slaps duties on China welded steel pipes | |
|
| Indian forging industry opposes import duty on steel | |
