Announcements
Tokyo Steel cuts steel prices by JPY 5,000 a tonne - 19 Nov, 2008
JMB reported that Tokyo Steel Manufacturing announced that it reduces the selling price by JPY 5,000 per tonne for all items for distributors for December 2008 order.

The price of hot rolled coil and H beam decreases by JPY 50,000 or more than 40% from the recent peak and equals the level in the beginning of the year. It expands the output reduction for second half year to March 2009 to 20% to 30% as compared with 15% before.

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
Currency Rates
05 Jan, 2009
USD 1.0000
AUD 1.4040
BRL 2.3333
CAD 1.2039
CNY 6.8030
EUR 0.7182
GBP 0.6871
INR 48.6550
JPY 91.7847
RUB 29.3880
ZAR 9.2569
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