Steel price keep rising, boosted by higher scrap costs
February 1, 2008
There’s been no let up on rising flat-rolled sheet prices, noted Platts and others this week…the Platts Steel Market newsletter’s Midwest HR coil reference price for March is figured at $652.50/net ton, ex-works…cold rolled placed at $745…as they see it, it’s all about “tight supply” and “cost-side pressures” – a formidable one-two punch…
Purchasing.com placed the January transaction price average for HR sheet at $579 and credited what they view as “price inflation” to positive global demand for steel; low imports levels; tight supplies and price volatility for steel-making materials; low service center inventories; and higher freight charges…and lets not forget the impact of a weak dollar…many concur, with the principal price driver being cost-push, not demand-pull.
World Steel Dynamics’ “SteelBenchmarker” is also showing higher prices as January ends…their latest has the market for HR at $641, up $47 from two weeks ago, while Steel Business Briefing’s Steel Index has its Midwest HR reference price pegged at $663, a 12-month high and up some $80 in the past four weeks…
Meanwhile, our friends at Steel Dynamics also remarked that the domestic steel industry was experiencing at “structural supply shortage” that was not being filled by imports and they also expect that “scrap costs will remain high throughout (this) year.” Speaking of which…
This week’s Iron Age is showing delivered Chicago bushelings at $414-$415/gross ton…shreds at$392-$393, and the No.1 HMS (heavy melting scrap) composite at $329.17…other reports note East Coast sales of HMS at $365…shredded scrap at $400 and Midwest bushelings said to be fetching $410-$420, delivered… the latest “SteelBenchmarker” report is showing slightly lower prices for shredded scrap at $379 compared with just two week ago ($384)…
The international market for ferrous scrap continues to boil…Southeast Asia said to be a buyer of No.1 HMS at $490-$495/metric ton cfr…containerized shipments of shredded material, earmarked for Taiwan figured at closer to $455 cfr. Prices to Turkey are off a bit but that’s more to do with lower ocean freight rates, we understand…
Posted by Robert J. (Bob) Garino on February 1, 2008 |
Comments (5)
Industries: Strategic Sourcing
December 23, 2008
In response to:
Steel price keep rising, boosted by higher scrap costshopkin commented:
We are Nelson Whitney LTD.Our Company is Registered and Legitimate
that we always make sure that all products are delivered in good
condition. We supply many electronic products such as Mobile
phones,Plasma Tv,Laptop Notebook,Gps Navigation System,Video Games
Console,Pda Phones,Digital Camera,Dj Pioneer,Ipods,Guitar and Lots
more... We are using this medium to look for buyers of mobile
phones and our products, we are offering Very low discounts with
free shipment for mobile phones and laptops,Do place your order now
with your Full Name, Address, Zip-Code, and Contact Phone contact
Numbers# to Enable us issue your proforma invoice and process your
shipment. Our phones are imported from Finland,Hungary and
Singapore; they are factory sealed with original packets with
complete accessory, e.g. charger, extra battery and software c d.
The phones are sim free and it’s never lock to any network,
specification: (Europeans/USA-Specifications) general network gsm
900/gsm 1800/gsm 1900 platform - tri band (gsm900 + 1800 + 1900
MHz: country of manufactured origin: Finland,Hungary and Singapore.
NOTE : Minimum Order(MOQ) 5unit and get 1 free Bulk Minimum Order :
10unit and get Extra 3unit Additional with 20% discount Shipping
Courier: FEDEX & DHL Delivery Time :48hrs/52hrs. Email:
mobilephonestores66@yahoo.com exportgroup@ymail.com
stores2shop@live.com digitalmobilephonesmart@live.com CHAT ON MSN:
stores2shop@live.com VIDEO GAMES......
PSP..................................$90USD GameBoy
Advance.........$80USD Nintendo DS...................$50USD
GameCube......................$60USD Xbox
360.........................$120USD
Xbox................................$70USD Nintendo
Wii..................$250USD Play station
2...................$110USD Play station 3 60 gb.........$240USD
Play station 3 80gb..........$300USD MOBILE PHONES...... Nokia N810
WiMAX Edition Internet Tablet..........................$400USD
Nokia 8800 Carbon Arte.....................$500USD Nokia 7210
Supernova.......................$370USD Nokia
N85..........................................$340USD Nokia
RM-310....................................$360USD Nokia
7500.........................................$260USD Nokia 8800
Lamborghini.....................$300USD Nokia 7900 Crystal Prism
..................$250USD Nokia Morph Concept
Phone.................$280USD Nokia
8900.........................$300USD Nokia N95
8gb..................$240USD Nokia
N81.........................$180USD Nokia
N80.........................$140USD Nokia
N97.........................$300USD Nokia N96
16gb................$280USD Nokia
N99.........................$340USD Nokia
N96..................$240USD Nokia N94..................$200USD
Nokia N95 .................$220USD Nokia
N91..................$190USD Nokia N90..................$160USD
Nokia N70..................$130USD Nokia
N73..................$150USD Nokia N71..................$140USD
Nokia N93i.................$250USD Nokia
N75..................$230USD Nokia N76..................$250USD
Nokia N800................$200USD Nokia
N75..................$190USD Nokia 770...................$220USD
Nokia N77..................$275USD Nokia 3500
Classic................$220USD Nokia
Luna............................$300USD Nokia
E50..............................$250USD Nokia E90
communicator.....$200USD Nokia 5700........................$160USD
Nokia N93.........................$200USD Nokia
E61..........................$230USD Nokia
E61i.........................$270USD Nokia
8800........................$170USD Nokia 8800
Sirocco...........$260USD Nokia 3500 Classic............$270USD
Nokia 7710.... ...................$145USD Nokia
7610........................$120USD Nokia
E62..........................$250USD Nokia Vertu
ascent.................$1200USD Nokia Vertu
diamond............$23000USD Nokia Vertu
signature............$3000USD Nokia Vertu 24 carat
gold......$4200USD LG`s
VX10000..................................$300USD LG VX8800
touchscreen..................$240USD LG KE850 Prada
.............................$200USD Itouch
32gb.............................$300USD Apple iPhone
8GB...................$230USD Apple iPhone
16GB.................$280USD Blackberry Pear Flip
8220.......................$300USD Thuraya SG-2520
................................$450USD 007 Watch Phone-CECT
W100...........$400USD NAVIGATION SYSTEM: TOM TOM GO TOM TOM GO 300
Portable Gps Navigation................................$190USD TOM
TOM GO 500 Portable Gps
Navigation................................$150USD TOM TOM GO 910
Portable Gps Navigation................................$200USD TOM
TOMGO 710 Portable Gps
Navigation.................................$180USD Navman iCN 510
32MB Vehicle Gps Navigator............................$200USD
Garmin Nuvi 360 Pocket Vehicle Gps
Navigator...........................$250USD Garmin Nuvi 680 Pocket
Vehicle Gps Navigator...........................$450USD Garmin Nuvi
660 Pocket Vehicle Gps Navigator...........................$400USD
Garmin Nuvi 610 Pocket Vehicle Gps
Navigator...........................$380USD Garmin Street Pilot
2720 Gps Car Navigation System...................$500USD Garmin
Street Pilot 2660 Gps Car Navigation
System...................$700USD Garmin StreetPilot 7200 7` Gps
Unit Car Navigation System.......$750USD Garmin Street Pilot 7500
7`Gps.....................................................$1200USD
HTC Advantage X7500 (Athena) ......$250USD HTC
P4350.........................................$200USD HTC
P3600.........................................$190USD HTC
TYTN.........................................$200USD HTC
3300...........................................$160USD HTC
S620...........................................$190USD HTC
Advantage x7500.......................$300USD HTC
S710...........................................$230USD JUICY
SIDEKICK I..................................$100USD SIDEKICK
II............................................$120USD SIDEKICK II
MISTER CARTOON.........$130USD JUICY COUTURE SIDEKICK II
............$120USD SIDEKICK
3.............................................$150USD Samsung i7110
Bar...........................$400USD Samsung L770 Stylish
....................$350USD Samsung i8510
INNOV8....................$300USD Samsung
M8800...............................$270USD Samsung i900
Omnia.......................$250USD Samsung
U900i.................................$230USD Samsung
Croix.................................$300USD Samsung Blast
T729.........................$245USD Samsung
D410.................................$120USD Samsung
D500.................................$130USD Samsung
D600.................................$150USD Motorola Verizon Krave
ZN4 Touchscreen...................$450USD Motorola VE75 Dual SIM
Mobile............$400USD Motorola
October 26, 2008
In response to:
Steel price keep rising, boosted by higher scrap costsmunta bashiru commented:
we are scraps dealers and we have a government approval to sale all
governments scraps.so we have twenty thousands tons and if you are
looking for more we have it.so anyone who is interested should
contacts me on my e-mail:munta404@yahoo.co.uk or call me on my
cell+233-244-263034.
July 25, 2008
In response to:
Steel price keep rising, boosted by higher scrap costsmARK hUGO commented:
We are the leading exporters and suppliers of various product on
scraps and used metals or irons only.We can supply more than
30,000mt Used Rails steel R 50-65 - UK Origin ,@ US $ 255.00
MT,(CIF) we are taking time to let you know that (fob) UK,we are
going to take care of cost of transportation within the United
Kingdom to port of shipment.(CIF)we are also going to take care of
cost,insurance and freigth,buyer interested should make there order
with immediate effect. Comments : Mfg. Facility: Not Applicable
Local and international Supply: Yes Contact Information Contact
Person : Mark Hugo Email;mark284hugo@yahoo.com company : HMS (284)
LIMITED Address : BLOCK 12 UNIT 2 CLYDESMILL DRIVE, CLYDESMILL
INDUSTRIAL ESTATE, GLASGOW. Country : UK Reg number:.SC179212
June 3, 2008
In response to:
Steel price keep rising, boosted by higher scrap costsSERIOUS BUYER SHOULD CONTACT US!!! commented:
Attn: Sir/Madam, We are a worldwide suppliers of Iron metals,
HMS1&2, used rails,Used drained battery scraps, copper and
aluminum. Interested buyer should contact me by email:
john_p_02@yahoo.com Thanks, Best Regards, Mr. Johnny Opoku TEL:
+233275976572
March 8, 2008
In response to:
Steel price keep rising, boosted by higher scrap costswow power leveling commented:
Buy wow gold, Welcome to wow power leveling website! we offer wow
powerleveling
Advertisement
Advertisement