Announcements
Monday Market Monitor - Middle East (WEEK 05) - Sections CR and HDG dip - 08 Feb, 2010
The Middle East Long Product Price Index MLPPI decreased by 25 points whereas the Middle East Flat Products Index MFPPI decreased by 75 points. The overall price index Middle East MEASPI lost 40 points.
Class28-Jan04-FebChange%
MLPPI38773852-25-0.6%
MFPPI53475272-75-1.4%
MEASPI43224282-40-0.9%

MLPPI - Middle East Long Product Price Index
MFPPI - Middle East Flat Product Price Index
MEASPI - Middle East Steel Price Index

Long products
Category28-Jan04-FebChange%
PI - Rebar3571357100.0%
PI - WRC3660365900.0%
PI - Angle49704724-246-5.0%
PI - Structural49724813-159-3.2%
PI - HEA5183518300.0%

PI - Product Index

Flat products
Category28-Jan04-FebChange%
PI - Narrow Plates4734473300.0%
PI - Wide Plates65876586-10.0%
PI - Hot Rolled46304629-10.0%
PI - Cold Rolled50664890-176-3.5%
PI - Galvanized55885351-238-4.3%

PI - Product Index

Rebars
LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW00
QatarQAR00

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Wire rod
SAE 1008
LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW-2-7
QatarQAR00

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

IPE
14-16-18
LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW-1-4
QatarQAR00

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Structural
LocationCURChangeUSD
BahrainBDR-5-13
DammamSAR-75-20
DubaiAED-100-27
JeddahSAR-75-20
KuwaitKDW-8-30
QatarQAR-85-23

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

HEA
LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW00
QatarQAR00

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

W Sections
LocationCURChangeUSD
BahrainBHD-4-11
DammamSAR-100-27
DubaiAED-100-27
JeddahSAR-100-27
KuwaitKWD00
QatarQAR-97-27

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Angles
LocationCURChangeUSD
BahrainBHD00
DammamSAR-125-33
DubaiAED-125-34
JeddahSAR-125-33
KuwaitKWD-10-38
QatarQAR-100-27

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Channels
LocationCURChangeUSD
BahrainBHD00
DammamSAR-125-33
DubaiAED-125-34
JeddahSAR-125-33
KuwaitKWD-10-38
QatarQAR-100-27

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Plates 3x12
S275 JR
LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW00
QatarQAR-8-2

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

HRC
LocationCURChangeUSD
BahrainBDR00
DammamSAR00
DubaiAED00
JeddahSAR00
KuwaitKDW-1-4
QatarQAR-5-1

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

CR
LocationCURChangeUSD
BahrainBDR00
DammamSAR-100-27
DubaiAED-100-27
JeddahSAR-100-27
KuwaitKDW-8-30
QatarQAR-114-31

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

HDG
0.7
LocationCURChangeUSD
BahrainBDR-10-26
DammamSAR-100-27
DubaiAED-200-54
JeddahSAR-100-27
KuwaitKDW-15-56
QatarQAR-147-40

Change is on February 4th 2010 as compared to January 28th 2009
Change is per tonne

Turkish export prices
FOB Turkey
ProductGradeSize mmChange
BilletsSAE 1008125 x 1250
RebarsBSt5008 to 320
Wire RodSAE 10085,5 to 160

Change is on February 4th 2010 as compared to January 28th 2009
Change is in USD per tonne

Turkish import prices
CNF Turkey
ProductGradeSize mmChange
ScrapA3500x500x1500-5
Billets3Sp/Ps125x1250
HRCS235JR3-12x1000-15000
PLTSS275JR10-40x2500-30000

Change is on February 4th 2010 as compared to January 28th 2009
Change is in USD per tonne

To know more details on steel prices subscribe to services of www.steelprices-middleaeast.com by registering or send a mail to admin@steelprices-middleeast.com with contact details. Kindly note that this is a paid service with subscription charges of USD 1500 for 12months.

(Sourced from www.steelprices-middleeast.com)



Today's News
Clips
0blt1 Steel prices may rise in China in September on inventory decline
0blt1 Chinese steel price index continues to increase
0blt1 Iron ore and coking coal prices to post first fall in long time on Chinese woes
0blt1 Chinese domestic HR steel prices update on Sep 2
0blt1 Chinese domestic steel rebar prices shown improvement
0blt1 Chinese domestic steel wire rod price update on Sep 2
0blt1 Chinese domestic SBQ steel plate price update on Sep 2
0blt1 Chinese domestic narrow HR strip prices update on Sep 2
0blt1 Chinese domestic steel billet price update on Sep 2
0blt1 Chinese domestic steel Angle price update on Sep 2
0blt1 Chinese domestic steel beam price update on Sep 2
0blt1 Chinese domestic CR steel price update on Sep 2
0blt1 Chinese domestic galvanized steel HDG price remain flat
0blt1 Chinese domestic steel channel price update on Sep 2
0blt1 Chinese domestic steel plate price remain flat
0blt1 Chinese domestic pig iron prices update on Sep 2
Announcements
0blt1 SULB starts construction of steel plant project in Bahrain
0blt1 Ezzsteel increase rebar price for September 2010
0blt1 Turkish steel mills restart scrap purchase after a pause
News And Trends
0blt1 Indian flat product price index up by 56 points
0blt1 Pencil ingot price movement in major places
0blt1 SAIL cuts discount on flat products by INR 1000 - Report
0blt1 HR steel prices up in Kolkata
0blt1 JSW Steel raises prices by 3pct to 4 pct
0blt1 Rebar TMT QST price crashes in Chennai
0blt1 Wide steel plate price up in Kolkata
0blt1 Sponge iron price up in Raigarh and Raipur
0blt1 Steel light channel prices crashes in Chennai
0blt1 Steel wire rod prices up in Chennai
0blt1 CR steel price movement on Sep 2
0blt1 Steel plate cuttings price remains flat at Alang
0blt1 GP steel HDG price update on Sep 2
0blt1 Steel melting scrap price up in Chennai
0blt1 Pig iron price remain flat on Sep 2
0blt1 Steel joist I Beam prices scenario in major places
0blt1 Patra Narrow HR steel strips price
0blt1 Narrow HR steel plate price remain flat on Sep 2
0blt1 GC steel HDG price up in Kolkata
0blt1 BDI recovers further by 94 points
0blt1 AK Steel announces October 2010 surcharges for electrical steel
0blt1 Yusco and Tang Eng to hike stainless steel price for September
0blt1 Taiwanese wire rod prices hold steady
0blt1 Yieh Hsing to keep steel wire rod prices unchanged for Sep
Export And Import Levels
0blt1 Brazilian aggression may dampen EU steel mills plan to hike HR prices
0blt1 MEPS update North American steel market


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Currency Rates
04 Sep, 2010
USD 1.0000
AUD 1.0904
BRL 1.7325
CAD 1.0388
CNY 6.8024
EUR 0.7755
GBP 0.6473
INR 46.4600
JPY 84.3800
RUB 30.5872
ZAR 7.1796
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