SITUATION MARKET IN WORLD STEEL weeks (3-10/7/2009)
posted date: 16/07/2009 08:04 am
I) NORTH AMERICA
MARKET
One's total steel
factory at Dearborn, Michigan state said Severstal NA factories are using
strategies unexpected increases in the price of flat steel rolls for all new
orders to U.S. $ 30 U.S. tons; as the factory price of hot rolled steel rolls
by Severstal is now U.S. $ 490 per ton U.S. (equivalent to U.S. $ 539/tan),
roll of steel is 590 U.S. $ / ton U.S. (equivalent to U.S. $ 649/tan) and steel
prices mạ zinc is U.S. $ 610 per ton U.S. (equivalent to U.S. $ 671/tan).
Recently, two large steel factories as U.S. Steel and ArcelorMittal are to
notify their customers know the price of new factories and steel flat rolled
steel rolls for hot demand in 8 / 2009 will fluctuate from U.S. $ 490 to U.S. $
520/tan America.
Besides, steel company Nucor also preparing plans to increase prices if steel
prices do not waste a change. The average price of hot rolled steel rolls in
the U.S. is U.S. $
430-450/tan U.S. (equivalent
to factory prices in India)
and rolls of steel prices is U.S. $ 525/tan America.
According to
statistics of the Association of American iron and steel (AISI), on 4/7/2009
last week, crude steel output in 1168 reached U.S. million tons to the capacity
is 49.0%, up 7.8% points compared with beginning 5 / 2009 and 0.6% points
compared to the previous week. Similarly, on the date 4/7/2009, output of steel
products was adjusted down to the 27,686,000 tons capacity is 43.9%,
respectively decreased 51.5% from 57,067,000 tons in the same period last year.
II) European market
In Europe, has
increased the volume increases steel plate thickness up 40 Euro / ton
(equivalent to U.S. $ 55/tan), so, thick sheet steel prices are now at 400-420
Euro / ton (including fees and transfer), higher than 2 weeks ago is 360-380
Euro / ton. At Brescia, northern Italy country, the price of commercial steel, and
steel dầm at domestic market increased approximately 130-170 Euro / ton, while
steel prices cốt is 105-115 Euro / ton, also increase 5 Euro / tons. Steel
price cốt IPN is 170-236 Euro / ton. Price UPN steel pipe is 160-221 Euro / ton
steel and dầm IPE, HE is 170-221 Euro / ton. In Italy, the cost of workshops
and pre-stressed reinforced by a 340-350 Euro / ton, up 20 Euro / ton, the
export price remains the same amount 330 Euro / ton (the FOB terms).
Currently, the factory
steel ArcelorMittal increased steel prices flat of 30 Euro per ton and are
preparing to raise long steel prices (including steel pictures, round steel,
roll steel construction) to 20-30 Euro / ton, plans to increase this will take
effect on 8 / 2009 steel prices is a waste of Europe increased 15-25 Euro / ton
and embryo export steel from Turkey also increased 40-50 Euro / ton. Similarly,
factory Salzgitter steel increased steel prices flat 20 Euro / ton, while
ThyssenKrupp steel factory also declared an increase in steel prices flat quarter
3 / 2009, however, the increase is not as many published.
Thanks to the area in
the Middle East and East Asia increased strength, steel factories in the CIS
continued to increase export price of hot rolled steel rolls, the result is the
hot rolled steel rolls of the month 7 / 2009 increased U.S. $ 450 -- 470/tan
(FOB), the price of hot steel rolls for the latest requirements in 9 and
10/2009 will raise U.S. $ 520-580/tan (by the CFR), an increase of U.S. $
80/tan compared with in 7 / 2009. Before the increased price of steel factories
Eregli, all the steel factories of Russia
and Ukraine also increased
the momentum that export steel to Turkey.
III) ASIA
MARKET
At the East Asia: the
steel market of the world, restore, so the factory steel of Japan has increased
export prices of hot roll steel for delivery in the first quarter 3 / 2009 to
South Korea is U.S. $ 500 per ton (the FOB terms), an increase of U.S. $
equivalent 100/tan compared with 2 / 2009 (under FOB terms). In addition, the
steel factories of Japanese plans to increase export price of steel plate and
steel sheet mạ hot zinc embedded in turn is 600/tan U.S. $ and U.S. $ 700/tan
(under FOB terms). Similarly, the steel factory in South Korea are also expected to
increase export price of steel plate to offset the costs of raw materials
increased. Currently, POSCO is bid of hot roll steel in domestic market is
KRW680, 000 per ton, equivalent to U.S. $ 544/tan.
Factory largest steel India, Steel
Authority (sail) decreased 5% long steel prices, but at the same time they
raise prices on flat steel. They inform long steel prices will reduce about
Rs1500-2000/tan (equivalent to U.S. $ 31-41/tan), left back, flat steel prices
will increase Rs500-700/tan light and adjust this effect from on 1/7/2009.
Currently, the price of imported steel of India also increased, in particular
imported materials production savage steel rolls (usually hot rolled steel
rolls) has increased since the price of U.S. $ 480-485/tan weeks ago up to U.S.
$ 530/tan, while the buyers in India only wants an agreement in price from U.S.
$ 500/tan back.