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Jul 6 Jul 8IridiumMB free market: min. 99.9%, $/troy oz in warehouse 1,000-1,050* 1,000-1,050*Johnson Matthey base price: (unfab) $/troy oz (09.00 hrs) 1,050 1,050Engelhard base price: $/troy oz 1,050 1,050PalladiumWorld prices: see Daily MetalEuropean free market: min. 99.9%,$/troy ozin warehouse 775-780* 775-780*Engelhard base price: $/troy oz 775 782Johnson Matthey base price: (unfab) $/troy oz (09.00 hrs) 780 787
Jul 6 Jul 8PlatinumWorld prices: see Daily MetalEuropean free market: min. 99.9%, $/troy ozin warehouse 1,743-1,748* 1,741-1,746*Engelhard base price: $/troy oz 1,740 1,736Johnson Matthey base price: (unfab)$/troy oz (09.00 hrs) 1,748 1,746RhodiumEuropean free market: min. 99.9%, $/troy ozin warehouse 2,000-2,050* 2,000-2,050*Engelhard base price: $/troy oz 2,000 2,000Johnson Matthey base price: (unfab)$/troy oz (09.00 hrs) 2,000 2,000RutheniumEuropean free market: min. 99.9%, $/troy ozin warehouse 140-180* 140-180*Engelhard base price: $/troy oz 180 180Johnson Matthey base price: (unfab) $/troy oz (09.00 hrs) 180 180
Minor metalsThe specification for all minor metals will be as laid down by the Minor Metals Trade Assn and published on their website (www.mmta.co.uk), unless otherwise indicated.Prices will be basis in warehouse Rotterdam, unless otherwise stated, and will reflect a trading range of business done at the time of the assessment. Jul 6 Jul 8AntimonyMB free marketRegulus, min 99.65%, max Se 50 ppm, max 100 ppm Bi,$/tonne in warehouse Rotterdam 13,250-14,000* 13,750-14,250*MMTA Standard Grade II, $/tonne in warehouse Rotterdam 13,000-13,750 13,500-14,000MB Chinese free marketMMTA Standard Grade II, delivered duty paid RMB/tonne 82,000-85,000* 82,500-86,000*ArsenicMB free market$/lb 0.60-0.65* 0.60-0.65*BismuthMB free market$/lb 11.80-12.50* 11.90-12.60*MB China domestic, min 99.99%, RMB/tonne 166,000-167,500* 166,000-168,000*CadmiumMB free market min 99.95%, cents/Ib 130-155* 130-150*MB free market min. 99.99%, cents/lb 135-160* 135-155*ChromiumMB free marketalumino-thermic, min. 99%, $/tonne 13,000-14,000* 13,000-14,000*western un-degassed AT, min. 99.4%, $/kg d/d 10.25-10.65* 10.25-10.65*CobaltMB free market High Grade, $/Ib 16.10-17.00* 16.10-17.00*MB free market Low Grade, $/lb 15.60-16.20* 15.50-16.20*MB China domestic, min 99.8% RMB/tonne 272,000-285,000* 272,000-285,000*MB Chinese free marketConcentrate min 8% cif main Chinese ports $/lb 13.40-14.00* 13.40-14.00*GalliumMB free market $/kg 850-930* 850-930*MB China domestic, min 99.99%, RMB/kg 5,500-5,600* 5,500-5,600*GermaniumGermanium dioxide MB free market $/kg 1,300-1,400* 1,300-1,400*Germanium metal $/kg Rotterdam 1,550-1,650* 1,550-1,650*Germanium metal MB China domestic, min 99.999%, RMB/kg 10,200-10,400* 10,200-10,400*Germanium dioxide, China domestic min 99.999%, RMB/kg 8,500-8,800* 8,500-8,800*IndiumMB free market $/kg 690-790* 690-790*
Jul 6 Jul 8Indium cont.MB Chinese free marketCrude min 98% duty paid in w/house China RMB/kg 4,300-4,400* 4,250-4,400*MB China domestic, min 99.99% RMB/kg 4,700-4,850* 4,700-4,850*Indium Corp ingots min. 99.97%, $/kg fob 785-785 785-785MagnesiumEuropean free market $ per tonne 3,100-3,200* 3,100-3,200*China free marketmin 99.8% Mg, fob China main ports, $ per tonne 3,140-3,200* 3,140-3,200*MB Chinese free market min 99% Mg, ex-works RMB/tonne 17,500-18,500* 17,500-18,500*Manganese FlakeMB free market $/tonne 3,350-3,400* 3,350-3,400*MercuryMB free market $ per flask 1,250-1,400* 1,250-1,400*Rhenium in warehouse Rotterdam duty paidMetal Pellets, min 99.9% $/lb 2,100-2,300* 2,100-2,300*APR catalytic grade $/kg Re 4,400-4,800* 4,400-4,800*SeleniumMB free market $/lb 57.00-67.00* 57.00-67.00*MB China domestic, min 99.9%, RMB/kg 1,050.00-1,110.00* 1,040.00-1,100.00*Selenium dioxide, MB China domestic, min 98%, RMB/kg 790.00-810.00* 780.00-800.00*SiliconMB free market €/tonne 2,200-2,400* 2,200-2,400*US free market cents/lb 157-160* 157-160*Hong Kongmin. 98.5%, $/tonne fob main Chinese ports 2,550-2,580* 2,550-2,580*TelluriumMB free market $/kg 340-390* 330-380*MB China domestic, min 99.99%, RMB/kg 2,350-2,450* 2,350-2,450*TitaniumMB free market ferro-titanium70% (max 4.5% Al), $/kg Ti d/d Europe 8.80-9.40* 8.80-9.40*Titanium Ores $/tonne Rutile conc min. 95% TiO2 bagged, fob/Aus 850-900 850-900Rutile bulk conc min. 95% TiO2 fob/Aus 700-750 700-750Ilmenite bulk conc min. 54% TiO2 fob/Aus 120-140 120-140
Noble Alloys & Ores Jul 6 Jul 8Lithium OresPetalite, 4.2% Li2O bagged fob Durban, $/tonne 165-260 165-260Spodumene > 7.25% Li2O cif Europe, $/tonne 720-770 720-770MolybdenumMolybdic oxideEuropeDrummed molybdic oxide, $/lb Mo 14.50-14.80* 14.50-14.80*USCanned molybdic oxide, $/lb Mo 17.50-18.00* 17.50-18.00*Ferro-Molybdenumbasis 65-70% Mo, $/kg Mo 36.40-38.00* 36.40-38.00*basis 60% Mo, $/kg Mo, duty unpaid in warehouse Rotterdam 38.00-40.00* 38.00-40.00*US free market, 65-70% Mo, $/lb in warehouse Pittsburgh 15.00-16.00* 15.00-16.00*Hong Kong, min. 60% Mo, $/kg Mo, fob main Chinese ports 40.00-40.00* 40.00-40.00*MB Chinese free marketConcentrate 45% Mo, in warehouse China RMB/mtu 2,020-2,040* 2,000-2,030*UraniumNuexco spot price indicator $/lb U3O8 51.75-51.75 51.75-51.75ZirconFoundry grade bulk, $/tonne fob Australia 1,600-1,700 1,600-1,700Premium bulk, $/tonne fob Australia 1,600-1,700 1,600-1,700
Jul 6 Jul 8TungstenEuropean free marketAPT, $/mtu 445-455* 445-455*US free marketAPT, $/stu 305-309* 305-309*Hong KongAPT Chinese No1, $/mtu fob main Chinese ports 450.00-460.00* 450.00-460.00*MB Chinese free marketConcentrate 65% W03, in warehouse China RMB/tonne 136,000-139,000* 135,000-137,000*Ferro Tungstenbasis 75% W min, $/kg W, in warehouse Rotterdam,duty unpaid 46.90-48.50* 4,690.00-48.00*Hong Kong, min. 75% W, $/kg W, fob main Chinese ports 54.00-55.00* 54.00-55.00*Tungsten OreMin. 65% WO3 $/mtu WO3 140-160* 140-160*VanadiumFerro vanadium basis 70-80%, $/kg V 28.40-29.50* 28.20-29.50*US free market ferro-vanadium, $/lb, in warehouse Pittsburgh 14.90-15.50* 14.90-15.50*Vanadium pentoxide cif Europe min 98% $ per Ib V2O5 6.20-7.10* 6.20-7.10*Vanadium pentoxide US free market min 98% $ per Ib V2O5 6.50-6.75* 6.50-6.75*
Bulk Alloys Jul 8Ferro-Chrome $/lb CrLumpy Cr charge, basis 52% Cr, (and high carbon) quarterly 1.35-1.35*6-8% C basis 60% Cr, max 1.5% Si 1.10-1.25*European low carbon 0.10% C average 60-70% Cr quarterly 2.35-2.45*0.10% C average 60-70% Cr 2.25-2.35*European low carbon, in warehouse, 0.06% C max - 65%Cr 2.25-2.45*Low phosphorous Cr min 65%, C max 7%, Si max 1%, P max 0.015%, Ti max 0.05% 1.30-1.40*US free market, in warehouse Pittsburgh,6-8% C basis 60-65% Cr, max 2% Si 1.260-1.320*US free market, low carbon, duty paid, fob Pittsburgh,0.05%C - 65% min Cr 2.55-2.60*0.10%C - 62% min Cr 2.30-2.35*0.15%C - 60% min Cr 2.09-2.11*Spot 6-8% C, basis 50% Cr, delivered duty paid China RMB/tonne 7,800-8,000*Contract 6-8% C, basis 50% Cr, delivered duty paid China RMB/tonne 7,900-8,100*Chrome Ore $/tonneChrome ore, cif main Chinese portsSA friable lumpy basis 35-40% 200-230*SA LG6 Met grade basis 42% 220-240*SA UG2 Met grade basis 40% 210-230*Turkish lumpy 40-42% cfr main Chinese ports 260-300*
Jul 8Ferro-Manganesebasis 78% Mn (Scale pro rata), standard 7.5% C, Euro/tonne 950-1,000*US free market, 78% Mn, standard 7.5% C, $/long ton in warehouse Pittsburgh 1,280-1,350*US free market, medium carbon, duty paid, fob Pittsburgh,80% min Mn, 1.5% max C, $/lb 1.10-1.15*Hong Kong, min. 75% Mn, 7.5% C, fob main Chinese ports 1,480-1,530*MB Chinese free marketmin 65% Mn, max 7.0% C, in warehouse China RMB/tonne 7,350-7,600*Manganese Ore48/50% Mn Max 0.1%P, $/mtu metallurgical Mn, fob 5.30-5.50*Ferro-SiliconLumpy, basis 75% Si (Scale pro rata), Euro/tonne 1,220-1,320*US free market, $/lb in warehouse Pittsburgh:lumpy basis 75% Si imported 1.01-1.05*Hong Kong, min. 75%, fob main Chinese ports 1,510-1,550*MB Chinese free marketmin 75% in warehouse China RMB/tonne 6,900-7,150*Silico-ManganeseLumpy, 65-75% Mn basis, 14-25% Si (Scale pro rata) Euro/tonne 875-950*US free market, $/lb in warehouse Pittsburgh: 0.61-0.64*Hong Kong, min. 65% Mn, max 17% Si,fob main Chinese ports 1,500-1,520*MB Chinese free marketmin 65% Mn max 17% Si,in warehouse China RMB/tonne 8,300-8,500*
l All prices $/tonne, duty paid, delivered consumers’ works, unless otherwise shown. Other currency prices are given where the local markets are dominant or active. Date indicates last price change. These markets last assessed on Jul 08 (UK), Jul 07 (US). l Reminder: prices marked * are MB copyright. These markets were last assessed on Jul 08 (Europe and Asia) and Jul 07 (USA).l All Chinese domestic prices include VAT of 17%
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esWorld SteelEU ImportsMetal Bulletin’s appraisal of cfr prices for imported, non-EU origin, commercial-quality carbon steel, € per tonne cfr main EU port (€/$=0.70).Rebar 540-560 29/06 JulWire rod (mesh quality) 560-570 29/06 JulPlate (10-50mm) 650-670 27/06 JulHot rolled coil 520-530 29/06 JulCold rolled coil 610-630 08/06 JulHot-dip galvanized coil 660-670 15/06 JulEU exportsMetal Bulletin’s appraisal of EU mills’ prices for export outside the EU of commercial-quality carbon steel, $ per tonne fob main EU portRebar 715-730 29/06 JulWire rod (mesh quality) 730-740 29/06 JulEU domesticMetal Bulletin’s appraisal of prices within the EU (excluding the UK) for commercial-quality carbon steel of EU origin, € per tonne delivered basis point (€/$=0.70)Rebar 540-560 29/06 JulWire rod (mesh quality) 560-570 29/06 JulSections (medium) 580-600 28/06 JulPlate (up to 10mm) 700-710 18/05 JunPlate(10-50mm) 670-690 06/07 JulHot rolled coil 545-555 29/06 JulCold rolled coil 660-680 29/06 JulHot-dip galvanized coil 630-650 29/06 Jul
CISProduct Price Date MonthCIS Exports (Black Sea)Metal Bulletin’s appraisal of CIS mills’ prices for export outside the CIS of commericial-quality carbon steel, $ per tonne fob stowed main Black Sea port.Billet 650-660 04/07 JulSlab 605-630 06/07 JulRebar 700-710 04/07 JulWire rod (mesh) 730-735 04/07 JulHeavy plate (10-50mm) 755-760 05/07 JulHot rolled coil 685-710 30/06 JulCold rolled coil 780-830 27/06 JulCIS DomesticMetal Bulletin’s appraisal of prices within Russia and Ukraine for commercial-quaility carbon steel of CIS origin, $ per tonne ex-works.Rebar 740-750 01/07 JulHot rolled coil 725-740 01/07 JulCold rolled coil 825-840 01/07 Jul
Middle EastProduct Price Date MonthTurkish ExportsMetal Bulletin’s appraisal of Turkish mills’ prices for export of commercial-quality carbon steel, $ per tonne fob main Turkish port.Billet 690-700 07/07 JulRebar 730-740 07/07 JulWire rod (mesh quality) 740-750 07/07 JulMerchant bars 765-785 07/07 JulTurkish DomesticMetal Bulletin’s appraisal of prices within Turkey for commercial-quailty carbon steel of Turkish origin, $ per tonne ex-works.Billet 690-700 07/07 JulRebar 730-740 07/07 JulWire rod (mesh quality) 740-750 07/07 JulHot rolled coil 740-750 23/06 JulCold rolled coil 865-870 23/06 JulTurkish importsMetal Bulletin’s appraisal of prices for imported commercial-quality carbon steel, $ per tonne cfr main Turkish port.Billet 680-690 07/07 AugHot rolled coil 710-730 07/07 AugCold rolled coil 830-840 07/07 AugGCC country importsMetal Bulletin’s appraisal of prices for imported commercial-quality carbon steel, $ per tonne cfr main Gulf port.Billet 685-690 05/07 AugRebar 700-710 05/07 AugHot rolled coil 735-745 14/06 JulCold rolled coil 830-850 07/06 Jul
Product Price Date MonthIran DomesticMetal Bulletin’s appraisal of prices within Iran for commercial-quality carbon steel of Iranian origin, million rials per tonne delivered warehouse Tehran (m rials/$=10,593.50).Rebar (12-25)mm) 8.55-8.65 07/07 JulEqual Angles 9.00-10.15 07/07 Jull-beams 9.25-12.80 07/07 JulPlate 9.10-9.20 07/07 JulHot rolled coil 8.60-8.90 07/07 JulCold rolled coil 10.80-11.10 07/07 JulHot-dip galvanized coil 12.40-12.70 07/07 JulHollow sections 9.70-9.90 07/07 JulIran ImportsMetal Bulletin’s appraisal of prices quoted by overseas suppliers for commercial-quality carbon steel to Irainian buyers, $ per tonne cfr Iranian northern portsBillet 670-680 07/07 AugRebar 700-710 07/07 AugEgyptian DomesticMetal Bulletin’s appraisal of prices within Egypt for commercial-quality carbon steel of Egyptian origin, E£ per tonne ex-worksRebar 4,650-4,650 01/07 Jul
South AmericaProduct Price Date MonthSouth American exportsMetal Bulletin’s appraisal of South American mills’ prices for export outside South America of commercial-quality carbon steel, $ per tonne fob stowed main South American port.Billet 680-700 29/06 JulSlab 680-710 12/05 MayRebar 710-730 29/06 JulMerchant bar (equal angles) 510-520 19/03 AprWire rod mesh quality 730-750 07/07 AugWire rod drawing quality 730-750 07/07 AugMedium plate: 3-10mm 840-850 03/02 MarHeavy plate: over 10mm 830-850 03/02 MarHot rolled coil (dry) 725-740 22/06 JulCold rolled coil 840-860 03/02 MarGalvanized coil 900-920 26/05 Jun
NaftaProduct Price Jul 7US ImportsMetal Bulletin’s appraisal of prices for imported, non-Nafta origin, commercial-quality carbon steel, $ per short ton cfr Gulf.Slab 735-760 Rebar 650-715 Merchant bars 700-710 Wire rod (low carbon) 700-750 Medium sections 640-650 Heavy sections (over 24in) 730-740 Medium plate 840-955 Heavy plate 880-1000 Hot rolled coil (commodity) 745-780 Cold rolled coil 820-855 Galvanized coil (base US) 920-955 US domesticAMM’s appraisal of prices within the USA for commercial-quality carbon steel of US or Canadian origin, $ per short ton, delivery terms as indicated.Rebar (fob mill) 760-760 Wire rod (mesh quality; delivered) 925-925 Plate (fob mill) 1080-1080 Hot rolled coil (fob mill) 735-735 Cold rolled coil (fob mill) 850-850 Hot-dip galv coil (fob mill) 970-970
AsiaProduct Price Date MonthChina ExportsMetal Bulletin’s appraisal of Chinese mills’’ prices for export of commercial-quality carbon steel, $ per tonne fob main China port.Billet 820-822 08/07 AugRebar 690-700 08/07 AugWire rod (mesh quality) 700-710 08/07 AugHeavy plate 680-690 08/07 AugHot rolled coil 680-690 08/07 AugCold rolled coil 730-740 08/07 AugGalvanized coil 1mm 800-830 08/07 AugChina ImportsMetal Bulletin’s appraisal of prices for imported, non-EU origin, commercial-quality carbon steel, $ per tonne cfr main China port.Cold rolled coil, 1mm & below 750-760 08/07 AugHot dip galvanized coil 770-800 08/07 Aug
Product Price Date MonthEastern China DomesticMetal Bulletin’s appraisal of prices in Eastern China for commercial-quality carbon steel of Chinese origin, yuan per tonne delivered warehouse (yuan/$=6.46)Rebar 4,660-4,680 08/07 JulWire rod (mesh) 4,700-4,770 08/07 JulSections 4,660-4,840 08/07 JulPlate 4,800-4,830 08/07 JulHot rolled coil (min 2mm) 4,730-4,760 08/07 JulCold rolled coil (0.5 - 2mm) 5,270-5,320 08/07 JulHot-dip galvanized coil 5,770-5,790 08/07 JulSouthern China DomesticMetal Bulletin’s appraisal of prices in Southern China for commer-cial-quality carbon steel of Chinese origin, yuan per tonne delivered warehouse (yuan/$=6.46)Rebar 4,930-5,200 08/07 JulWire rod (mesh) 4,840-4,900 08/07 JulSections 4,930-5,050 08/07 JulPlate 4,950-5,010 08/07 JulHot rolled coil (min 2mm) 4,860-4,870 08/07 JulCold rolled coil (0.5 - 2mm) 5,380-5,420 08/07 JulHot-dip galvanized coil 5,860-6,050 08/07 JulIndian exportsMetal Bulletin’s appraisal of Indian mills’ prices for export of commercial-quality carbon steel, $ per tonne fob main India port.Billet 660-670 10/06 JunPlate (12-40mm) 760-770 08/07 JulHot rolled coil (commodity) 730-740 20/05 JunHot-dip galvanized coil 970-980 11/03 MarIndian importsMetal Bulletin’s appraisal of prices for imported, non-EU origin, commercial-quality carbon steel, $ per tonne cfr main India port.Billet 655-665 10/06 JunPlate (20-60mm) 745-750 01/07 AugHot rolled coil (commodity) 715-720 06/05 JunHot rolled coil (CR grade) 730-735 06/05 JulCold rolled 785-795 01/07 AugHot dip-galvanized coil 805-810 13/08 AugIndian domesticMetal Bulletin’s appraisal of prices within India for commercial-quality carbon steel, rupees per tonne ex-works.Billet 29300-29400 08/07 JulHeavy plate 37000-37500 08/07 JulHot rolled coil 34500-35500 08/07 JulCold rolled coil 42500-43000 08/07 JulHBI 21000-21100 08/07 JulHot-dip galvanized coil 44000-44500 08/07 Jul
SteelBenchmarkerTM PricesProduct Price Jun 27Prices in $/metric tonne, except (short ton) and {€ per tonne}Region: USA, East of the MississippiStandard plate 1,144(1,038)Hot rolled coil 834(756)Cold rolled coil 941(853)Region: Mainland ChinaRebar 633Standard plate 635Hot rolled coil 620Cold rolled coil 708Region: Western EuropeHot rolled coil 798{559}Cold rolled coil 924{647}Region: World Export MarketStandard plate 802Hot rolled coil 718Cold rolled coil 821
Stainless SteelProduct Price Date MonthStainless Steel - Asia import$/tonne cif East Asian portGrade 304 2mm CR coil, 2B 3,250-3,300 08/07 AugGrade 304 HR sheet 3,100-3,150 08/07 AugStainless Steel - China Domesticyuan/tonne, in warehouseGrade 304 2mm CR coil 22,900-23,000 08/07 JulGrade 430 2mm CR coil 11,000-11,500 08/07 JulStainless Steel - EU export$/tonne fob N. European port.Min 100 tonne lotGrade 304 2mm CR sheet 4,080-4,150 01/07 JulStainless Steel - EU domestic2mm 304 cold rolled stainless sheet €/tonnebase price 1,140-1,170 01/07 JulAlloy Surcharge 1,579-1,597 01/07 Jul304 Stainless steel bright bar €/tonneBase price 1,100-1,150 01/07 NovAlloy Surcharge 2,205-2,388 01/07 Jul
Key:Date: Date of last reported transactionsMonth: Month of production in the case of export or domestic tables; month of delivery in the case of import tablesPrices in italics are offer prices not transaction l All prices are MB copyright except SteelBenchmarker
32 | Metal Bulletin | Monday 11 July 2011
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Scrap, Secondary Metals, Scrap Substitutes & Iron OreFerrous scrapUK ferrous scrapThe following is Metal Bulletin’’s evaluation of UK prices for processed scrap delivered to consumers. Prices may vary according to region and destination, and should therefore be read in conjunction with editorial comment on the Scrap & Secondary Metals pages.£/tonne Jul 8Cut GradesOA plate and structural 240-2551&2 Old steel 220-24012A/C/D New Production heavy andshovellable steel 225-245Bales and Cuttings4A New steel bales 255-2654C New steel bales 245-2558A New loose light cuttings 230-2458B New loose light cuttings 220-240Turnings7B Heavy steel turnings 190-200Cast Iron9A/10 Heavy and light cast iron 220-2409B/C Cylinder block scrap 280-29511A Cast iron borings 220-240Prices relate to new UK scrap specifications.‡‡Please see MB.com for full explanation of price changesUK Intermerchant weekly price£/tonne Jul 85C Loose old light 170-180UK ferrous scrap export MB assessment, $/tonne fob main UK port Jun 30 Jul 7HMS 1&2 (80:20 mix) 425-430 425-430Shredded 445-450 445-450Indian Imports MB assessment, $/tonne cfr Nhava Sheva Jun 30 Jul 7HMS 1&2 (80:20 mix) 470-475 470-475Shredded 495-500 485-490Alloy steel scrapUK wholesale merchants’ stainless (£/tonne) Jul 818/8 turnings 930-96918/8 solids 1,220-1,27012-13% Cr solids 230-25016-17% Cr solids 300-310Cif Europe stainless ($/tonne)18/8 solids 2,097-2,18318/8 turnings 1,771-1,833UK home high speed (pence/kg)6-5-2 solids 200-2206-5-2 turnings 130-160Rotterdam exportMB assessment, $/tonne fob Rotterdam Jun 30 Jul 7HMS 1&2 (80:20 mix) 438-443 440-445HMS 1&2 (70:30 mix) 428-433 425-430Shredded 443-448 445-450Turkish importMB assessment, $/tonne cfr main Turkish ports Jun 30 Jul 7HMS 1&2 (80:20 mix) 455-460 465-470HMS 1&2 (70:30mix) 440-445 445-450Shredded 460-465 470-475US exportMB assessment, $/tonne fob East Coast Jun 30 Jul 7HMS 1&2 (80:20 mix) 445-450 435-440Shredded 450-455 440-445USAIron Age scrap price bulletin composite - $/long ton delivered Pittsburgh/Chicago.Week ending Jun 30 Jul 7No 1 heavy melting 415.83 418.50No 2 bundles 352.00 352.00MB assessment of Broker Buying Price, $/tonne delivered DetroitNo 1 busheling 410.00 410.00No 1 bundles 385.00 385.00China domesticyuan/tonne delivered mill Jul 8Heavy Scrap 3,800-3,860GermanyEuro/tonne, delivered at scrapyard. Source: BDSV May JunNo E2/8 (new steel scrap) 325.00 335.90No E1 (old steel scrap) 263.90 275.90No E3 (old thick steel scrap) 303.80 317.50No E40 (shredded steel scrap) 305.40 317.80No E5 (steel turnings) 230.00 240.90
SteelBenchmarkerTM scrap pricesPrices in $/metric tonne, except [gross ton]Region: USA, East of the Mississippi Jun 27†Shredded Scrap 433[440]No 1 Heavy melting scrap 399[405]No 1 Busheling scrap 482[490]†For shredded scrap the region is for all but the West CoastRegister as a price provider at www.steelbenchmarker.com
Scrap SubstitutesProduct Price Date MonthEU Imports €/tonne cfr Western EuropePig Iron 389-395 14/04 AprSouth American exports $/tonne, delivery terms as statedHot briquetted iron 380-400 29/06 JulPig Iron basic steelmaking;fob Vitorio/Rio 520-530 29/06 JulPig Iron basic steelmaking;fob Ponta da Madeira 525-530 29/06 JulUS Imports $/tonne cfr Gulf of MexicoPig Iron 545-550 02/06 JunCIS Exports $/tonne fob main Black/Baltic sea portPig Iron 540-550 02/06 JunChina Domestic yuan/tonne, delivered warehousePig Iron 3740-3760 08/07 Jul
China Iron orecfr main China port $ per dry metric tonneProduct Price Date MonthIron ore fines (63.5% fe) 175-176 01/07 JulIron ore pellets (65-66% fe) 183-192 08/07 Jul
MB Indices Jul 8 $/tonneIron ore index (62%) 169.84Ferrous Scrap CFR Turkey HMS 1&2 (80:20) 464.79Ferrous Scrap FOB Rotterdam HMS 1&2 (80:20) 440.30Ferrous Scrap CFR India Shredded 485.83
UK non-ferrous scrapThe following UK prices were assessed on Jul 6)Aluminium £/tonne Actual Price MB LME DiscountsGroup 1 Pure 99% min (baled) 1360-1420 133-193Group 1 Litho (baled) 1360-1420 133-193Commercial pure cuttings 1200-1280 273-353Clean HE9 extrusions 1350-1410 143-203Mixed alloy/Old Rolled cuttings 920-970 470-520Baled Old Rolled 950-1000 440-490Commercial cast 1000-1080 360-440Cast wheels 1350-1380 60-90Commercial turnings 750-830 610-690Group 7 turnings 630-660 780-810LME primary avge: 1553.15LME alloy avge 1440.71Titanium $/lb cifTurnings, unprocessed type 90/6/4 (0.5% Sn max) 2.70-2.85Turnings, unprocessed 90/6/4 (over 0.5%, max 2% Sn) 2.60-2.75
Non-ferrous foundry ingotsAluminium UK effective July 6) £/tonneMB free marketLM24 Pressure diecasting ingot 1,600-1,680LM6/LM25 Gravity diecasting ingot 1,900-1,960NB: prices expressed delivered consumer works, LM series as specified in BS1490Aluminium Europe effective July 8) $/tonneMB free marketDuty unpaid in warehouse alloy premium 70-80Duty paid delivered works pressure €/tonnediecasting ingot price (DIN226/A380) 1,800-1,870Aluminium US effective July 7 $/lb delivered MidwestA380.1 alloy 1.18-1.20AFFIMET prices effective July 1 €/tonneAS 12 3,120AS 12 UN 3,130AS 9 U3 2,460AS 5 U3 2,810Reflects generally larger traded lotsVDM effective July 6) €/1000 kg deliveredDIN 226 2,270DIN 231 2,350DIN 311 2,330Aluminium Bronze UK effective July 5) £/tonneAB1 ex-works 5,990AB2 ex-works 6,100Source: C.F. Booth LtdBrass UK effective July 5) £/tonneSCB3 ex-works 3,940High Tensile HTB1 ex-works 4,540Source: C.F. Booth LtdGunmetal UK effective July 5) £/tonneLG2 85/5/5/5 ex-works 5,310LG4 87/7/3/3 ex-works 5,860G1.11.5 Pb ex-works 6,960Source: C.F. Booth LtdPhosphor Bronze UK effective July 5) £/tonnePB1 ex-works 7,420Source: C.F. Booth LtdPhosphor Copper UK effective July 5) £/tonne10% P ex-works 7,40015% P ex-works 7,500Source: C.F. Booth LtdZinc Alloys UK £/tonneBrock Metal Co June Contract Alloy Price (delivered UK, min 25 tonne lots)Brock Metal ZL3 2,007Brock Metal ZL5 2,053
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Month: Month of production in the case of export or domestic tables; month of delivery in the case of import tablesl All prices are MB copyright; except SteelBenchmarker