Russian steel major hikes flat product offers to EU and other destinations
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Russian steel major hikes flat product offers to EU and other destinations

It is reported that a Russian steel major has started offering various flat products to European destinations for January rolling at much higher prices

SOUTH Western Europe

Italy, Spain (Sagunto), Greece, Croatia, Montenegro (through Novoros) and other countries
HRC - EUR 515 per tonne CFR
CRC - EUR 600 per tonne CFR
CR Strip - EUR 660 per tonne CFR
Payment term - LC at sight

NORTH Western Europe

Germany, UK, Spain (Bilbao) and other countries through St Petersburg
HRC - EUR 495 per tonne FOB
CRC - EUR 580 per tonne FOB
Payment term - LC at sight

Base price ideas for markets without quota ie North America, Latin America, Middle East Asia, India and other FOB Novo is
HRC - USD 640 per tonne
CRC - USD 750 per tonne
Payment term - LC at sight

The prices are reported to be valid till December 13th 2010
The scope of service includes
1. Domestic pricing information in Germany, Italy and Spain
2. Import pricing information in Germany, Italy and Spain
3. Import levels at Antwerp and Turkey
4. Export levels from Turkey, Rotterdam, China, India and Black Sea

The service is specifically designed to assist steel makers, traders, users and others connected with the industry to keep track of real time prices prevailing in the market and thus comprehensively evaluate steel pricing trends in the region

Methodology and access

1. Benchmark products in each category with fixed commonly used sizes and grades
2. Base prices or effective, as per market trends
3. Average transaction levels which have settled well, based on continuous interactions with domestic mills, overseas suppliers, importers stockiest & service centers and buyers
4. On fixed market oriented payment terms
5. Weekly updates
6. Data available since February 2009
5. Access through web site

Products covered

1. Input materials and semis in Europe
2. Long Products in Europe
3. Flat Products in Europe
4. CFR Turkey prices
5. FOB levels for export FOB Black Sea, China, Turkey and India

Price basis and payment terms for Europe

1. Price basis - B- Base price and E - Effective price
2. Payment term - All prices in Europe are net to the final customer with following payment terms
A. Italy & Spain
1. Domestic prices are EXW or DDP with payment 90 days from delivery
2. Import prices are CIF FO with LC at 90 days from BL date
B. Germany
1. Domestic prices are EXW or DDP with payment on the 15th of the following month
2. Import prices are CFR FO with open term payment at 30 days from date of arrival

1. Input materials and semis in Europe.
Billets
Grade Size DOMESTIC (E) IMPORTED (E)
3Sp/Ps 130 -150 Italy Italy


Slabs
Grade Size IMPORTED (E)
S275JR 250-300x1800 Italy


2. Long Products in Europe

Merchant bars
GradeSizeDOMESTIC (B)IMPORTED (B)
S235JR 5 to 150 mm Spain, Italy & Germany Spain, Italy & Germany


IPN / UPN
GradeSizeDOMESTIC (B)IMPORTED (B)
S235JR50 to 400 mmSpain, Italy & GermanySpain, Italy & Germany


HEA/B/M
GradeSizeDOMESTIC (E)IMPORTED (E)
S235JR100 to 600 mmSpain, Italy & GermanySpain, Italy & Germany


De-Bars
GradeSizeDOMESTIC (E)IMPORTED (E)
FE5006 to 40 mmSpain, Italy & GermanySpain, Italy & Germany


W.R. Mesh
GradeSizeDOMESTIC (E)IMPORTED (E)
S235JR5,5 to 16 mmSpain, Italy & GermanySpain, Italy & Germany


W.R. Drawing
GradeSizeDOMESTIC (E)IMPORTED (E)
SAE 1006/85,5 to 16 mmSpain, Italy & GermanySpain, Italy & Germany


3. Flat Products in Europe

HRP
GradeSizeDOMESTIC (B)IMPORTED (E)
S275JR5-20x2000Germany, Italy & SpainGermany, Italy & Spain
S275JR10-50x2500-3000Germany & SpainGermany & Spain
S275JR8-50x2500-3000ItalyItaly
S235JR8-60x2500-3000GermanyGermany, Antwerp
S355J2+N10-60x2500 Antwerp


HRC
GradeSizeDOMESTIC (B)IMPORTED (E)
S235JR2-12x1000-1500Spain, Italy & GermanySpain, Italy & Germany & Antwerp
S275JR2-12x1000-1500Spain & ItalySpain & Italy
S235JR5-20x2000Italy & GermanyItaly & Germany


CR
GradeSizeDOMESTIC (B)IMPORTED (E)
DC 010.60 Avx1250Spain, Italy & GermanySpain, Italy, Germany & Antwerp


HDG
GradeSizeDOMESTIC (B)IMPORTED (E)
DX 51 Z100-120 AS0.55-0.57x AWSpain, Italy & GermanySpain, Italy & Germany
DX 51 Z180 MA-C Cr free0.60 Avx1250Spain, Italy & GermanySpain, Italy, Germany & Antwerp


PPGI
GradeSizeDOMESTIC (B)IMPORTED (E)
Dx51 25/-100,6 mm av.Spain
25+10 / 7 - Z180 STD RAL0.50-1.00 Spain & Italy

4. CFR Turkey prices
BilletsGradeSize
ScrapA3500x500x1500
Billets3Sp/Ps125x125
HRCS235JR3-12x1000-1500
PLTSS275JR10-40x2500-3000


5. FOB levels for export FOB Black Sea, China, Turkey and India

A. Input & semis
ProductLocation
Scrap Rotterdam, Turkey
BilletsCIS, China & Turkey


B. Long Products
Product Location
RebarsCIS, China, Turkey
Wire RodsCIS, China, Turkey


C. Flat products
Product Location
HRCIS , China
CRCIS , China
HDGCIS , China, India
PPGIIndia
Plates CIS , China & India


Other features

The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available.

In addition, you can monitor currency exchange rates, metal prices, BDI for the day as well as access their archives for past data.

Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news.

Subscription charges for 12 months access
CurrencySingle2-56-1213-2526-4040-60
In EUR825 1,650 2,750 5,500 8,250 11,000

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