SteelPrices - India

Clips

Chinese domestic HR prices stop sliding at some locations - 27 Aug, 2008

After witnessing continuous slide for about 50 days since July 8th 2008, Chinese HRC domestic prices for the first time have stopped slide and shown some gains.

HRC
4.75mm
Common

Location	In CNY	In USD
Shanghai	150	22
Hangzhou	70	10
Nanjing	50	7
Jinan	50	7
Hefei	-250	-37
Guangzhou	30	4
Wuhan	-20	-3
Tianjin	100	15
Shijiazhuang	50	7
Taiyuan	-50	-7
Chongqing	-50	-7
Chengdu	-50	-7
Xian	-50	-7

Change is on August 26th as compared to August 25th
Change is per tonne

(Sourced form www.steelprices-china.com)

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	Oil closing on to USD 50 on Gaza and Russia gas tussle
	US local rebar demand in downward trends
	Nickel shot up to USD 13,000 per tonne at LME
	Korean steelmakers to export CR products at low prices
	Oil closing on to USD 50 on Gaza and Russia gas tussle
	US local rebar demand in downward trends
	Nickel shot up to USD 13,000 per tonne at LME
	Korean steelmakers to export CR products at low prices

Announcements
	Feng Hsin raised rebar prices by TWD 500 per tonne
	AK Steel surcharge for electrical steel
	Indian domestic steel price index stable
	Chinese steel market starts New Year with price rally
	Indian long product prices shows improvement in West
	International coal price tends stable on rising crude price
	Indian flat products prices remain stable
	Scrap and ingot prices improve at some locations in India
	Feng Hsin raised rebar prices by TWD 500 per tonne
	AK Steel surcharge for electrical steel
	Indian domestic steel price index stable
	Chinese steel market starts New Year with price rally
	Indian long product prices shows improvement in West
	International coal price tends stable on rising crude price
	Indian flat products prices remain stable
	Scrap and ingot prices improve at some locations in India
	Feng Hsin raised rebar prices by TWD 500 per tonne
	AK Steel surcharge for electrical steel
	Indian domestic steel price index stable
	Chinese steel market starts New Year with price rally
	Indian long product prices shows improvement in West
	International coal price tends stable on rising crude price
	Indian flat products prices remain stable
	Scrap and ingot prices improve at some locations in India

News And Trends
	Indian iron ore spot prices decline last week
	Indian iron ore spot prices decline last week
	Indian iron ore spot prices decline last week

Export And Import Levels
	Newcastle thermal coal price down by 1.7%
	Chinese steel export prospects remain bleak in 2009
	Newcastle thermal coal price down by 1.7%
	Chinese steel export prospects remain bleak in 2009
	Newcastle thermal coal price down by 1.7%
	Chinese steel export prospects remain bleak in 2009

Trade Issues
	Major initiatives taken by Indian steel ministry
	China eliminates nickel from catalogue of forbidden products
	Mr Wen plans to help auto and steel industries
	Ukraine to keep railway tariffs for industries unchanged
	China to resume tax-free policy on copper, nickel, aluminium
	Major initiatives taken by Indian steel ministry
	China eliminates nickel from catalogue of forbidden products
	Mr Wen plans to help auto and steel industries
	Ukraine to keep railway tariffs for industries unchanged
	China to resume tax-free policy on copper, nickel, aluminium
	Major initiatives taken by Indian steel ministry
	China eliminates nickel from catalogue of forbidden products
	Mr Wen plans to help auto and steel industries
	Ukraine to keep railway tariffs for industries unchanged
	China to resume tax-free policy on copper, nickel, aluminium