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Price History

Tables and Charts

USA

China

Western Europe

World Export

Hot-rolled Band
Cold-rolled Coil
Standard Plate
Rebar
Steel Scrap

Register at: www.steelbenchmarker.com

Global HRB Prices Glimmer of a Rise


World Export & Western Europe up 3.3% & 2.0%. USA & China down 1.2% & 2.9%.
SteelBenchmarkerTM Report #232
ENGLEWOOD CLIFFS, NJ The bi-monthly SteelBenchmarkerTM World export HRB
price for December 14th rose 3.3% to $285 per tonne after falling ten consecutive times. The
Western European HRB price rose 2.0% to $353 per tonne (on a Euro basis, it fell 0.9%) after
falling six consecutive times. The United States HRB spot price fell 1.2% to $412 per metric
tonne for the eighth consecutive time. The Chinese HRB price fell 2.9% to $231 per tonne for
the eighth consecutive time.
In its two hundred thirty second report, the SteelBenchmarkerTM released 9 steel products and
3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for
December 14, 2015:
USA $412 per metric tonne ($374 per net ton), FOB the mill down $5 per tonne from
$417 ($378 nt) three weeks ago, down $225 from the recent low of $637 ($578 nt) on May 27,
2013 and down $141 from the low of $553 per tonne ($502 nt) on Nov. 23, 2009. It is down
$558 per tonne from the recent high of $970 ($880 nt) on Mar. 28, 2011 and down $791
(65.8%) from the record peak of $1,203 per tonne ($1,091 nt) on July 28, 2008.
China $231 per metric tonne, ex-works down $7 per tonne from $238 three weeks ago,
down $216 per tonne from the recent low of $447 on Sept. 10, 2012 and down $176 per tonne
from the low of $407 per tonne on Oct. 12, 2009. It is down $406 per tonne from the recent
high of $637 on Aug. 22, 2011 and down $502 (68.5%) from the record peak of $733 per
tonne on July 14, 2008.
Western Europe $353 (322e) per metric tonne, ex-works up $7 per tonne from $346
(325e) three weeks ago (on a Euro basis, down 3), down $237 (down 132) from the recent
low of $590 (454) on July 8, 2013 and down $218 (down 59) from the low of $571 (381)
per tonne on Nov. 23, 2009. It is down $499 (283) per tonne from the recent high of $852
(605) on Mar. 28, 2011 and down $851 (70.7%) (434) (57.4%) from the record peak of
$1,204 (756) per tonne on July 14, 2008.
World Export Price $285 per metric tonne, FOB the port of export up $9 per tonne from
$276 three weeks ago, down $247 per tonne from the recent low of $532 on Oct. 8, 2012 and
down $211 from the low of $496 per tonne on Nov. 9, 2009. It is down $488 per tonne from
the recent high of $773 on Feb. 14, 2011 and down $828 (74.4%) from the record peak of
$1,113 per tonne on July 28, 2008.

STEELBENCHMARKER PRICES
December 14, 2015
dollars per metric tonne
(net ton) [gross ton] {Euros}
Region: USA, East of the Mississippi
Hot-rolled band:
412 (374)
Cold-rolled coil:
559 (507)
Standard plate:
487 (442)
#1 Heavy melting scrap:
Shredded scrap*:
#1 Busheling scrap:

144
174
165

Region: Mainland China***


Hot-rolled band:
Cold-rolled coil:
Rebar:
Standard plate:

231
304
232
234

Region: Western Europe


Hot-rolled band:

353

[146]
[176]
[167]

{322e}

Region: World Export Market


Hot-rolled band:
285

NOTES:
Released December 16, 2015 at 9:00 a.m. to Price Assessment Providers.
The first price release was for April 10, 2006.
If a product is not listed or a price is not indicated, fewer than ten (10) price inputs were received at this
time. ** Development stage -- fewer than 20 assessment providers.
Prices are: USA -- FOB mill; Western Europe and China -- Ex-works; and World Export Market -- FOB
port of export. For USA steel scrap -- delivered to the steel plant. * For shredded scrap the region is
for all but the West Coast (CA, OR & WA).
***

SteelHomes non-steelbenchmarker derived average price for each product is the determinant of the
Chinese ex-works benchmark price. It is published for comparative purposes.
For product specifications go to www.steelbenchmarker.com/specifications.

Features and Benefits of WSDs SteelBenchmarker


Features

Details

Benefits/Comments

Inception date for


SteelBenchmarkerTM finished
steel product prices.

April 2006 for HRB, CRC,


plate and rebar in the USA,
Europe, China and the world
export market.

A nine plus-year track record of


twice-per-month benchmark prices.
The USA benchmark prices for HRB
and CRC are particularly robust.

Inception date for


SteelBenchmarkerTM steel scrap
prices.

For the USA, price for three


grades of steel scrap were
initiated in February 2007.

Eight plus-year track record of twiceper-month results.

Frequency of
SteelBenchmarkerTM pricing
reports.

Twice monthly.

Wednesdays following the 2nd and 4th


Mondays of each month.

Number of price assessment


providers.

About 1,200 signed up


globally, plus about 300
daily Chinese price inputs
from Shanghai SteelHome.

In the USA the current number of


price assessment providers has
averaged 40-50 for hot-rolled band
and 30-40 for cold-rolled coil.

YES, we have been advised


that the SteelBenchmarkerTM
is in compliance.

Designed from the start to comply


with the requirements of USA and
European regulators.

The price assessment


providers provide their
standard actual transaction price
for near-term delivery to midsized buyers.

SteelBenchmarkerTM is not
seeking the tonnage on
transactions.

No expected issues with DOJ or FTC


with our methodology.

Data is collected and processed


by a secure 3rd party computer.

Assures price assessors


anonymity.

Price assessment providers do not


face an audit risk.

Price assessment providers


inputs are not seen by WSD or
anyone else.

No early peeks or leaks. No


human intervention in
determining the price.

All price assessment provider inputs


are treated equally.

Contributors are only steel


buyers and sellers.

Mills, service centers,


fabricators, processors, end
users and traders.

Financial players, including hedge


funds, cant influence the price.

Twice per month results with


the ability to switch to once a
week (if required).

A robust and incorruptible


index is essential when the
stakes are high.

SteelBenchmarkerTM has performed


well in an environment of rapid price
swings.

Consistent and balanced


approach.

All assessments treated


equally.

No attempt to weigh results by


importance of the provider, or
tonnage, in our system.

Background Items

Regulatory Compliance
Satisfies standards of USA
Dept. of Justice, Federal Trade
Commission and European
Trade Commission.

Methodology

800

300

Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16

Dollars per metric tonne

SteelBenchmarkerTM HRB Price

(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

USA, China, Western Europe and World Export

1200

December 14, 2015

1100

USA
FOB mill

1000

900

Western Europe
ex-works

700

600

500

400

World Export
FOB port of export

4
China
ex-works

200

100

412

353

285
231

1300

900

Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16

Dollars per metric tonne

SteelBenchmarkerTM CRC Price

(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

USA, China, Western Europe and World Export

December 14, 2015

1200

USA
FOB mill

1100

1000

Western Europe
ex-works

800

700

600

500

China
ex-works

559

400

300

World Export
FOB port of export

200

5
304

Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16

Dollars per metric tonne

SteelBenchmarkerTM Plate Price

(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

USA, China, Western Europe and World Export

1600

December 14, 2015

1400

USA
FOB mill

1200

1000

World Export
FOB port of export

800

600

Western Europe
ex-works

487

400

China
ex-works

200

234

400

100

Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16

Dollars per metric tonne

SteelBenchmarkerTM Rebar Price

(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

USA, China, Western Europe and World Export

1200

December 14, 2015

1100

USA
FOB mill

1000

900

800

700

600

500

Western Europe
ex-works

300

China
ex-works

200

232

World Export
FOB port of export

900

Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02
Jan-03
Apr-03
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05
Jul-05
Oct-05
Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
Apr-07
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08
Oct-08
Jan-09
Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16

Dollars per gross ton

SteelBenchmarkerTM Scrap Price

(AMM scrap price data, Jan. 2001 - Jan. 2007; SteelBenchmarker data begins Feb. 2007)

USA, delivered to steel plant

December 14, 2015

800

#1 Busheling

700

Shredded Scrap

600

500

400

300

200

#1 Heavy Melting

100

8
176
167
146

USA
FOB mill*
Dollars per Net Ton
---------HRB------- Dlr Pct
Price Chng Chng

---------CRC--------- ---------Plate--------- --------Rebar-------- Dlr Pct


Price Chng Chng

Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

8-Sep-14
22-Sep-14

673
668

-4
-5

-0.6%
-0.8%

782
774

-14
-7

-1.7%
-0.9%

874
860

2
-14

0.2%
-1.6%

na
655

13-Oct-14
27-Oct-14

654
653

-14
-1

-2.0%
-0.1%

770
761

-5
-8

-0.6%
-1.1%

857
842

-3
-15

-0.3%
-1.8%

636
na

-19
-

-2.8%
-

10-Nov-14
24-Nov-14

656
647

3
-9

0.4%
-1.4%

763
754

2
-9

0.2%
-1.2%

835
808

-7
-26

-0.9%
-3.2%

na
na

8-Dec-14
22-Dec-14

640
620

-7
-20

-1.0%
-3.1%

750
740

-4
-10

-0.5%
-1.3%

800
803

-8
3

-1.0%
0.3%

na
na

12-Jan-15
26-Jan-15

608
580

-13
-27

-2.0%
-4.5%

721
706

-19
-15

-2.6%
-2.1%

743
731

-60
-12

-7.5%
-1.6%

na
na

9-Feb-15
23-Feb-15

558
522

-22
-36

-3.9%
-6.5%

684
650

-22
-34

-3.1%
-5.0%

701
685

-30
-16

-4.1%
-2.3%

na
na

9-Mar-15
23-Mar-15

495
473

-26
-22

-5.0%
-4.5%

636
612

-14
-24

-2.2%
-3.7%

672
636

-13
-36

-1.9%
-5.3%

na
na

13-Apr-15
27-Apr-15

457
452

-16
-5

-3.4%
-1.2%

586
569

-26
-17

-4.3%
-2.9%

599
584

-38
-15

-5.9%
-2.4%

na
na

11-May-15
25-May-15

455
465

3
11

0.6%
2.4%

568
578

0
10

-0.1%
1.8%

560
567

-24
7

-4.2%
1.3%

na
na

8-Jun-15
22-Jun-15

467
466

1
-1

0.2%
-0.2%

585
587

7
2

1.2%
0.3%

576
566

9
-10

1.6%
-1.7%

na
na

27-Jul-15

470

0.9%

588

0.2%

553

-13

-2.2%

na

10-Aug-15
24-Aug-15

474
458

4
-15

0.8%
-3.3%

598
592

9
-6

1.6%
-1.0%

571
565

18
-6

3.2%
-1.1%

na
na

14-Sep-15
28-Sep-15

451
445

-7
-6

-1.6%
-1.4%

574
559

-18
-15

-3.0%
-2.7%

553
511

-13
-42

-2.2%
-7.6%

na
na

12-Oct-15
26-Oct-15

434
420

-11
-14

-2.5%
-3.3%

546
537

-13
-9

-2.3%
-1.7%

507
478

-4
-29

-0.7%
-5.7%

na
na

9-Nov-15
23-Nov-15

406
378

-13
-28

-3.1%
-6.9%

521
502

-16
-19

-3.0%
-3.7%

475
449

-3
-26

-0.6%
-5.5%

na
na

14-Dec-15
28-Dec-15

374

-5

-1.2%

507

1.1%

442

-7

-1.6%

na

Notes: * Ex-works (the same as FOB mill)


Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

USA
FOB mill*
Dollars per Metric Tonne
---------HRB------- Dlr Pct
Price Chng Chng

---------CRC--------- ---------Plate--------- --------Rebar-------- Dlr Pct


Price Chng Chng

Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

8-Sep-14
22-Sep-14

742
736

-4
-6

-0.6%
-0.8%

861
854

-15
-8

-1.7%
-0.9%

964
948

2
-16

0.2%
-1.6%

na
722

13-Oct-14
27-Oct-14

721
720

-15
-1

-2.0%
-0.1%

848
839

-5
-9

-0.6%
-1.1%

945
928

-3
-17

-0.3%
-1.8%

702
na

-20
-

-2.8%
-

10-Nov-14
24-Nov-14

723
713

3
-10

0.4%
-1.4%

841
831

2
-10

0.2%
-1.2%

920
891

-8
-29

-0.9%
-3.2%

na
na

8-Dec-14
22-Dec-14

706
684

-7
-22

-1.0%
-3.1%

827
816

-4
-11

-0.5%
-1.3%

882
885

-9
3

-1.0%
0.3%

na
na

12-Jan-15
26-Jan-15

670
640

-14
-30

-2.0%
-4.5%

795
779

-21
-16

-2.6%
-2.1%

819
806

-66
-13

-7.5%
-1.6%

na
na

9-Feb-15
23-Feb-15

615
575

-25
-40

-3.9%
-6.5%

755
717

-24
-38

-3.1%
-5.0%

773
755

-33
-18

-4.1%
-2.3%

na
na

9-Mar-15
23-Mar-15

546
522

-29
-24

-5.0%
-4.5%

701
675

-16
-26

-2.2%
-3.7%

741
702

-14
-39

-1.9%
-5.3%

na
na

13-Apr-15
27-Apr-15

504
498

-18
-6

-3.4%
-1.2%

646
627

-29
-19

-4.3%
-2.9%

660
644

-42
-16

-5.9%
-2.4%

na
na

11-May-15
25-May-15

501
513

3
12

0.6%
2.4%

627
638

0
11

-0.1%
1.8%

617
625

-27
8

-4.2%
1.3%

na
na

8-Jun-15
22-Jun-15

514
513

1
-1

0.2%
-0.2%

645
647

7
2

1.2%
0.3%

635
624

10
-11

1.6%
-1.7%

na
na

27-Jul-15

518

0.9%

649

0.2%

610

-14

-2.2%

na

10-Aug-15
24-Aug-15

522
505

4
-17

0.8%
-3.3%

659
652

10
-7

1.6%
-1.0%

630
623

20
-7

3.2%
-1.1%

na
na

14-Sep-15
28-Sep-15

497
490

-8
-7

-1.6%
-1.4%

633
616

-19
-17

-3.0%
-2.7%

609
563

-14
-46

-2.2%
-7.6%

na
na

12-Oct-15
26-Oct-15

478
462

-12
-16

-2.5%
-3.3%

602
592

-14
-10

-2.3%
-1.7%

559
527

-4
-32

-0.7%
-5.7%

na
na

9-Nov-15
23-Nov-15

448
417

-14
-31

-3.1%
-6.9%

574
553

-18
-21

-3.0%
-3.7%

524
495

-3
-29

-0.6%
-5.5%

na
na

14-Dec-15
28-Dec-15

412

-5

-1.2%

559

1.1%

487

-8

-1.6%

na

Notes: * Ex-works (the same as FOB mill)


Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

10

USA
delivered to steel plant
Dollars per Gross Ton
--------------------------------Steel Scrap**-------------------------------#1 Heavy Melting
Shredded Scrap
#1 Busheling
Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

8-Sep-14
22-Sep-14

350
348

5
-2

1.5%
-0.6%

371
374

-5
3

-1.3%
0.9%

400
399

1
-1

0.3%
-0.3%

13-Oct-14
27-Oct-14

338
333

-10
-5

-3.0%
-1.4%

357
352

-17
-5

-4.7%
-1.4%

386
384

-13
-2

-3.3%
-0.6%

10-Nov-14
24-Nov-14

298
308

-35 -10.4%
10 3.2%

327
321

-25
-6

-7.1%
-1.8%

360
356

-24
-4

-6.1%
-1.1%

8-Dec-14
22-Dec-14

307
310

-1
3

-0.3%
1.0%

326
328

5
2

1.6%
0.6%

356
353

0
-3

0.1%
-0.9%

12-Jan-15
26-Jan-15

314
315

4
1

1.3%
0.3%

336
329

8
-7

2.4%
-2.2%

356
355

3
-1

0.7%
-0.3%

9-Feb-15
23-Feb-15

227
227

-88 -27.9%
0 0.1%

251
247

-78 -23.6%
-4 -1.6%

267
256

9-Mar-15
23-Mar-15

227
230

0
3

-0.1%
1.3%

247
251

0
4

0.0%
1.8%

248
247

-8
-1

-3.1%
-0.4%

13-Apr-15
27-Apr-15

228
227

-2
-1

-0.8%
-0.5%

254
254

3
0

1.0%
0.0%

250
248

3
-2

1.2%
-0.8%

11-May-15
25-May-15

231
229

4
-2

1.8%
-0.9%

259
257

5
-2

2.0%
-0.8%

250
250

2
0

0.8%
0.2%

8-Jun-15
22-Jun-15

248
245

19
-3

8.5%
-1.2%

278
277

21
-1

8.1%
-0.3%

270
273

20
3

7.8%
1.1%

27-Jul-15

234

-11

-4.7%

260

-17

-6.1%

265

-8

-2.9%

10-Aug-15
24-Aug-15

212
211

-22
-1

-9.4%
-0.5%

235
232

-25
-3

-9.5%
-1.4%

243
240

-22
-3

-8.5%
-1.1%

14-Sep-15
28-Sep-15

201
184

-10
-17

-4.7%
-8.5%

223
206

-9
-17

-4.0%
-7.5%

233
218

-7
-15

-2.9%
-6.6%

12-Oct-15
26-Oct-15

151
148

-33 -17.9%
-3 -2.0%

172
172

-34 -16.5%
0 0.0%

184
185

-34 -15.5%
1 0.3%

9-Nov-15
23-Nov-15

140
143

-8
3

-5.4%
2.1%

171
167

-1
-4

-0.6%
-2.3%

165
168

-20 -10.6%
3 1.8%

14-Dec-15
28-Dec-15

146

2.1%

176

5.6%

167

-88 -24.8%
-11 -4.1%

-1

-0.4%

Notes: ** Steel scrap delivered to steel plant


#1 heavy melting demolition scrap that is at least thick. This grade does not include
the heavy p & s (plate and structural ) category that includes the very thick scrap items.
Shredded largely old cars and some appliances for all but the West Coast (CA, OR & WA).
#1 busheling new sheet steel scrap.
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for Feb.12, 2007 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

11

China
Ex-works
Dollars per Metric Tonne
---------HRB------- Dlr Pct
Price Chng Chng

---------CRC--------- ---------Plate--------- --------Rebar-------- Dlr Pct


Price Chng Chng

Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

8-Sep-14
22-Sep-14

436
418

-9
-18

-2.0%
-4.1%

551
546

-1
-5

-0.2%
-0.9%

440
425

-6
-15

-1.3%
-3.4%

401
390

-9
-11

-2.2%
-2.7%

13-Oct-14
27-Oct-14

415
413

-3
-2

-0.7%
-0.5%

543
542

-3
-1

-0.5%
-0.2%

416
413

-9
-3

-2.1%
-0.7%

390
402

0
12

0.0%
3.1%

10-Nov-14
24-Nov-14

410
407

-3
-3

-0.7%
-0.7%

538
531

-4
-7

-0.7%
-1.3%

409
405

-4
-4

-1.0%
-1.0%

405
394

3
-11

0.7%
-2.7%

8-Dec-14
22-Dec-14

410
405

3
-5

0.7%
-1.2%

529
520

-2
-9

-0.4%
-1.7%

405
397

0
-8

0.0%
-2.0%

387
374

-7
-13

-1.8%
-3.4%

12-Jan-15
26-Jan-15

392
361

-13
-31

-3.2%
-7.9%

512
495

-8
-17

-1.5%
-3.3%

381
351

-16
-30

-4.0%
-7.9%

364
346

-10
-18

-2.7%
-4.9%

9-Feb-15
23-Feb-15

348
350

-13
2

-3.6%
0.6%

479
482

-16
3

-3.2%
0.6%

344
344

-7
0

-2.0%
0.0%

337
338

-9
1

-2.6%
0.3%

9-Mar-15
23-Mar-15

349
352

-1
3

-0.3%
0.9%

481
485

-1
4

-0.2%
0.8%

343
346

-1
3

-0.3%
0.9%

337
340

-1
3

-0.3%
0.9%

13-Apr-15
27-Apr-15

330
333

-22
3

-6.3%
0.9%

444
435

-41
-9

-8.5%
-2.0%

338
335

-8
-3

-2.3%
-0.9%

335
334

-5
-1

-1.5%
-0.3%

11-May-15
25-May-15

335
325

2
-10

0.6%
-3.0%

429
421

-6
-8

-1.4%
-1.9%

333
326

-2
-7

-0.6%
-2.1%

319
307

-15
-12

-4.5%
-3.8%

8-Jun-15
22-Jun-15

321
307

-4
-14

-1.2%
-4.4%

412
404

-9
-8

-2.1%
-1.9%

317
300

-9
-17

-2.8%
-5.4%

299
287

-8
-12

-2.6%
-4.0%

27-Jul-15

275

-32 -10.4%

366

-38

-9.4%

278

-22

-7.3%

268

-19

-6.6%

10-Aug-15
24-Aug-15

282
269

7
-13

2.5%
-4.6%

362
350

-4
-12

-1.1%
-3.3%

289
278

11
-11

4.0%
-3.8%

292
282

24
-10

9.0%
-3.4%

14-Sep-15
28-Sep-15

265
261

-4
-4

-1.5%
-1.5%

348
342

-2
-6

-0.6%
-1.7%

269
263

-9
-6

-3.2%
-2.2%

270
261

-12
-9

-4.3%
-3.3%

12-Oct-15
26-Oct-15

259
253

-2
-6

-0.8%
-2.3%

339
331

-3
-8

-0.9%
-2.4%

261
260

-2
-1

-0.8%
-0.4%

263
261

2
-2

0.8%
-0.8%

9-Nov-15
23-Nov-15

244
238

-9
-6

-3.6%
-2.5%

321
311

-10
-10

-3.0%
-3.1%

256
246

-4
-10

-1.5%
-3.9%

263
251

2
-12

0.8%
-4.6%

14-Dec-15
28-Dec-15

231

-7

-2.9%

304

-7

-2.3%

234

-12

-4.9%

232

-19

-7.6%

Notes: SteelHome's non-steelbenchmarker derived average price for each product is the determinant of
the Chinese ex-works benchmark price. It is published for comparative purposes.
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

12

Western Europe
Ex-works
Dollars per Metric Tonne
---------HRB------- Dlr Pct
Price Chng Chng

---------CRC--------- ---------Plate--------- --------Rebar-------- Dlr Pct


Price Chng Chng

Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

8-Sep-14
22-Sep-14

564
558

-3
-7

-0.6%
-1.2%

na
na

na
na

na
na

13-Oct-14
27-Oct-14

552
550

-6
-2

-1.0%
-0.4%

na
na

na
na

na
na

10-Nov-14
24-Nov-14

536
515

-14
-21

-2.5%
-3.8%

na
na

na
na

na
na

8-Dec-14
22-Dec-14

511
503

-4
-8

-0.9%
-1.6%

na
na

na
na

na
na

12-Jan-15
26-Jan-15

487
457

-16
-30

-3.2%
-6.1%

na
na

na
na

na
na

9-Feb-15
23-Feb-15

457
453

0
-4

0.0%
-0.9%

na
na

na
na

na
na

9-Mar-15
23-Mar-15

442
442

-11
0

-2.4%
0.0%

na
na

na
na

na
na

13-Apr-15
27-Apr-15

432
437

-10
5

-2.3%
1.2%

na
na

na
na

na
na

11-May-15
25-May-15

450
440

13
-10

3.0%
-2.2%

na
na

na
na

na
na

8-Jun-15
22-Jun-15

429
428

-11
-1

-2.5%
-0.2%

na
na

na
na

na
na

27-Jul-15

420

-8

-2.0%

na

na

na

10-Aug-15
24-Aug-15

414
428

-6
14

-1.3%
3.4%

na
na

na
na

na
na

14-Sep-15
28-Sep-15

416
403

-12
-13

-2.8%
-3.1%

na
na

na
na

na
na

12-Oct-15
26-Oct-15

397
376

-6
-21

-1.5%
-5.3%

na
na

na
na

na
na

9-Nov-15
23-Nov-15

367
346

-9
-21

-2.5%
-5.6%

na
na

na
na

na
na

14-Dec-15
28-Dec-15

353

2.1%

na

na

na

Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for May 8, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

13

Western Europe
Ex-works
Euros per Metric Tonne
---------HRB-------Euro
($/Euro)

Price

Euro Pct
Chng Chng

---------CRC--------- ---------Plate--------- --------Rebar--------Euro Pct


Price Chng Chng

Euro Pct
Price Chng Chng

Euro Pct
Price Chng Chng

8-Sep-14
22-Sep-14

1.295
1.284

436 e
434 e

6
-2

1.4%
-0.4%

na
na

na
na

na
na

13-Oct-14
27-Oct-14

1.269
1.270

435 e
433 e

1
-2

0.2%
-0.4%

na
na

na
na

na
na

10-Nov-14
24-Nov-14

1.246
1.243

430 e
415 e

-3
-16

-0.7%
-3.6%

na
na

na
na

na
na

8-Dec-14
22-Dec-14

1.232
1.222

415 e
412 e

0
-3

0.0%
-0.8%

na
na

na
na

na
na

12-Jan-15
26-Jan-15

1.183
1.125

412 e
407 e

0
-5

0.0%
-1.2%

na
na

na
na

na
na

9-Feb-15
23-Feb-15

1.131
1.134

404 e
400 e

-2
-5

-0.6%
-1.2%

na
na

na
na

na
na

9-Mar-15
23-Mar-15

1.083
1.092

408 e
405 e

9
-3

2.1%
-0.8%

na
na

na
na

na
na

13-Apr-15
27-Apr-15

1.060
1.088

408 e
402 e

3
-6

0.7%
-1.4%

na
na

na
na

na
na

11-May-15
25-May-15

1.114
1.089

404 e
404 e

2
0

0.6%
0.0%

na
na

na
na

na
na

8-Jun-15
22-Jun-15

1.126
1.135

381 e
377 e

-23
-4

-5.7%
-1.0%

na
na

na
na

na
na

27-Jul-15

1.109

378 e

0.3%

na

na

na

10-Aug-15
24-Aug-15

1.096
1.138

378 e
376 e

0
-2

-0.1%
-0.4%

na
na

na
na

na
na

14-Sep-15
28-Sep-15

1.132
1.120

368 e
360 e

-9
-8

-2.3%
-2.1%

na
na

na
na

na
na

12-Oct-15
26-Oct-15

1.136
1.106

350 e
340 e

-10
-10

-2.9%
-2.7%

na
na

na
na

na
na

9-Nov-15
23-Nov-15

1.078
1.064

340 e
325 e

0
-15

0.0%
-4.4%

na
na

na
na

na
na

14-Dec-15
28-Dec-15

1.098

322 e

-4

-1.2%

na

na

na

Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for May 8, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

14

World Export Price


FOB the Port of Export
Dollars per Metric Tonne
---------HRB------- Dlr Pct
Price Chng Chng

---------CRC--------- ---------Plate--------- --------Rebar-------- Dlr Pct


Price Chng Chng

Dlr Pct
Price Chng Chng

Dlr Pct
Price Chng Chng

8-Sep-14
22-Sep-14

534
533

-20
-1

-3.6%
-0.2%

na
na

na
na

na
na

13-Oct-14
27-Oct-14

533
532

0
-1

0.0%
-0.2%

na
na

na
na

na
na

10-Nov-14
24-Nov-14

524
512

-8
-12

-1.5%
-2.3%

na
na

na
na

na
na

8-Dec-14
22-Dec-14

504
502

-8
-2

-1.6%
-0.4%

na
na

na
na

na
na

12-Jan-15
26-Jan-15

494
484

-8
-10

-1.6%
-2.0%

na
551

na
na

na
na

9-Feb-15
23-Feb-15

473
453

-11
-20

-2.3%
-4.2%

na
na

na
na

na
na

9-Mar-15
23-Mar-15

421
414

-32
-7

-7.1%
-1.7%

na
na

na
na

na
na

13-Apr-15
27-Apr-15

399
390

-15
-9

-3.6%
-2.3%

na
na

na
na

na
na

11-May-15
25-May-15

384
380

-6
-4

-1.5%
-1.0%

na
na

na
na

na
na

8-Jun-15
22-Jun-15

383
374

3
-9

0.8%
-2.3%

na
435

na
na

na
na

27-Jul-15

371

-3

-0.8%

na

na

na

10-Aug-15
24-Aug-15

352
340

-19
-12

-5.1%
-3.4%

na
407

na
na

na
na

14-Sep-15
28-Sep-15

333
324

-7
-9

-2.1%
-2.7%

na
395

na
na

na
na

12-Oct-15
26-Oct-15

310
294

-14
-16

-4.3%
-5.2%

na
378

na
na

na
na

9-Nov-15
23-Nov-15

286
276

-8
-10

-2.7%
-3.5%

371
na

-7
-

-1.9%
-

na
na

na
na

14-Dec-15
28-Dec-15

285

3.3%

na

na

na

Notes:
Prices released on Wednesdays following the 2nd and 4th Mondays of the month at 9:00 AM to Price
Assessment Providers. If a price is not indicated, fewer than ten (10) price inputs were received at that time.
The first price release was for April 10, 2006 for data go to steelbenchmarker.com/files/history2.pdf.
For product specifications refer to last page, or go to steelbenchmarker.com/specifications.

15

Spot Market New Booking Prices for Near-Term Delivery


Commodity-grade product to mid-sized buyers
(Dollars per Metric Tonne, 500 to 2,000 tonnes transaction size)

USA Market

Western Europe Market

East of the Mississippi

Germany/France

FOB mill

Ex-works

Hot-rolled band *
(0.2" thick x 48-60" wide)
Cold-rolled coil *
(0.03" x 48-60" wide)
Rebar #5 *
(5/8" in diameter)
Standard plate *
(1" x 96" x 240")
Steel scrap **
#1 Heavy melting
Shredded - all but West Coast
#1 Busheling

Hot-rolled band *
(5mm thick x 1200-1500mm wide)
Cold-rolled coil *
(0.7mm x 1200-1500mm wide)
Rebar #5 *
(16mm in diameter)
Standard plate *
(24mm x 2400mm x 6000mm)

Chinese Market

World Export Market

Home Market

Atlantic and Pacific Basin

Ex-works

FOB port of export

Hot-rolled band *
(5mm thick x 1200-1500mm wide)
Cold-rolled coil *
(0.7mm x 1200-1500mm wide)
Rebar #5 *
(16mm in diameter)
Standard plate *
(24mm x 2400mm x 6000mm)

Hot-rolled band ***


(5mm thick x 1200-1500mm wide)
Cold-rolled coil ***
(0.7mm x 1200-1500mm wide)
Rebar #5 ***
(16mm in diameter)
Standard plate ***
(24mm x 2400mm x 6000mm)

Note: Near-term delivery is normally two to six weeks.


Hot-rolled band is the first product off the hot strip mill with: (1) a thickness of about 0.20 inch
(but no less than 0.10 inch or more than 0.50 inch); (2) a coil size of 10 to 20 tons;
(3) a width of 48 to 60 inches; and (4) a carbon component of 0.08% to 0.13%.
SteelHome's average price for each product is the determinant of the Chinese ex-works benchmark price.
It is published for comparative purposes.
* Ex-works (the same as FOB mill).
** Steel scrap delivered to steel plant on a near-term basis, normally from two days to a month.
#1 heavy melting demolition scrap that is at least thick and surface dimension no larger than
60 by 24 inches. This grade does not includethe heavy p & s (plate and structural ) category that
includes the very thick scrap items.
Shredded largely old cars and some appliances for all but the West Coast (California, Oregon and Washington).
Shredded scrap is homogeneous iron and steel scrap magnetically separated, no. 1, no. 2 steel, miscellaneous
bailing and sheet scrap with an average weight from 50 to 70 pounds per square foot.
#1 busheling new sheet steel scrap.
*** FOB port of export

16