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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: Flat
USA, Western Europe & World Export down 0.9% – 0.3%. China up 0.9%.

SteelBenchmarkerTM Report #247

ENGLEWOOD CLIFFS, NJ – The bi-monthly SteelBenchmarkerTM United States HRB spot


price for July 25rh fell 0.9% to $687 per metric tonne after rising last time. The Western
European HRB price fell 0.7% to $456 per tonne (on a Euro basis, it was flat) for the third
consecutive time. The World export HRB price declined 0.3% to $364 per tonne after rising
last time. The Chinese HRB price rose 0.9% to $323 per tonne for the second consecutive
time.

In its two hundred forty seventh report, the SteelBenchmarkerTM released 10 steel products
and 3 USA scrap prices. Of these, here are four benchmark prices for hot-rolled band for July
25, 2016:

USA – $687 per metric tonne ($624 per net ton), FOB the mill – down $6 per tonne from
$693 ($628 nt) two weeks ago, up $275 from the recent low of $412 ($374 nt) on Dec. 14,
2015 and up $258 from the low of $429 per tonne ($390 nt) on May 25, 2009. It is down
$283 per tonne from the recent high of $970 ($880/nt) on Mar. 28, 2011 and down $516
(42.9%) from the record peak of $1,203 per tonne ($1,091 nt) on July 28, 2008.

China – $323 per metric tonne, ex-works – up $3 per tonne from $320 two weeks ago, up $92
per tonne from the recent low of $231 on Dec. 14, 2015 and down $84 per tonne from the low
of $407 per tonne on Oct. 12, 2009. It is down $314 per tonne from the recent high of $637
on Aug. 22, 2011 and down $410 (55.9%) from the record peak of $733 per tonne on July 14,
2008.

Western Europe – $456 (€415e) per metric tonne, ex-works – down $3 per tonne from $459
(€415e) two weeks ago (flat on a Euro basis), up $110 (up €90) from the recent low of $346
(€325) on Nov. 23, 2015 and down $115 (up €34) from the low of $571 (€381) per tonne on
Nov. 23, 2009. It is down $396 (€190) per tonne from the recent high of $852 (€605) on Mar.
28, 2011 and down $748 (62.1%) (€341) (45.1%) from the record peak of $1,204 (€756) per
tonne on July 14, 2008.

World Export Price – $364 per metric tonne, FOB the port of export – down $1 from $365
two weeks ago, up $92 per tonne from the recent low of $272 on Feb. 8, 2016 and down $132
from the low of $496 per tonne on Nov. 9, 2009. It is down $409 per tonne from the recent
high of $773 on Feb 14, 2011 and down $749 (67.3%) from the record peak of $1,113 per
tonne on July 28, 2008.

1
STEELBENCHMARKER PRICES
July 25, 2016
dollars per metric tonne
(net ton) [gross ton] {Euros}

Region: USA, East of the Mississippi


Hot-rolled band: 687 (624)
Cold-rolled coil: 899 (815)
Standard plate: 708 (642)
#1 Heavy melting scrap: 208 [212]
Shredded scrap*: 237 [241]
#1 Busheling scrap: 276 [280]

Region: Mainland China***


Hot-rolled band: 323
Cold-rolled coil: 389
Rebar: 295
Standard plate: 316

Region: Western Europe


Hot-rolled band: 456 {415e}

Region: World Export Market


Hot-rolled band: 364
Cold-rolled coil: 437

NOTES:
Released July 27, 2016 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).
***
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.
For product specifications go to www.steelbenchmarker.com/specifications.

2
Dollars per metric tonne

1000
1100
1200

100
200
300
400
500
600
700
800
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

ex-works
Apr-07
Jul-07
Oct-07 Western Europe
Jan-08
Apr-08
Jul-08

3
Oct-08
Jan-09

World Export
Apr-09
July 25, 2016

Jul-09

FOB port of export


Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11
China
Jan-12
SteelBenchmarkerTM HRB Price

ex-works
Apr-12
USA, China, Western Europe and World Export

Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
USA

Oct-13
FOB mill

Jan-14
Apr-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
323
364
456
687
Dollars per metric tonne

200
300
400
500
600
700
800
900
1000
1100
1200
1300
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

ex-works
Jan-07
Apr-07

Western Europe
Jul-07
Oct-07
Jan-08
Apr-08
Jul-08

4
Oct-08
Jan-09
Apr-09
July 25, 2016

Jul-09
Oct-09
Jan-10
USA

Apr-10
FOB mill

Jul-10
Oct-10
Jan-11
Apr-11
Jul-11

World Export
Oct-11
SteelBenchmarkerTM CRC Price

China

FOB port of export


Jan-12
Apr-12 ex-works
USA, China, Western Europe and World Export

Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
Apr-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
389
437
899
Dollars per metric tonne

200
400
600
800
1000
1200
1400
1600
Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02

ex-works
Jan-03
Apr-03

Western Europe
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

World Export
Jan-07
Apr-07

FOB port of export


Jul-07
Oct-07
Jan-08
Apr-08

5
Jul-08
Oct-08
Jan-09
July 25, 2016

Apr-09
Jul-09
Oct-09
Jan-10
Apr-10
USA

Jul-10
FOB mill

Oct-10
Jan-11
Apr-11
Jul-11
SteelBenchmarkerTM Plate Price

Oct-11

China
Jan-12
USA, China, Western Europe and World Export

ex-works
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
316
708
Dollars per metric tonne

100
200
300
400
500
600
700
800
900
1000
1100
1200
Jan-01
Apr-01
Jul-01
Oct-01
Jan-02
Apr-02
Jul-02
Oct-02

ex-works
Jan-03
Apr-03

Western Europe
Jul-03
Oct-03
Jan-04
Apr-04
Jul-04
Oct-04
Jan-05
Apr-05

World Export
Jul-05
Oct-05

FOB port of export


Jan-06
Apr-06
Jul-06
Oct-06
Jan-07
USA

Apr-07
FOB mill

Jul-07
Oct-07
Jan-08
Apr-08
Jul-08

6
Oct-08
Jan-09
Apr-09
July 25, 2016

Jul-09
Oct-09
Jan-10
Apr-10
Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
Oct-11

China
SteelBenchmarkerTM Rebar Price

Jan-12

ex-works
USA, China, Western Europe and World Export

Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
Jul-13
Oct-13
Jan-14
(WSD's PriceTrack data, Jan. 2001 - March 2006; SteelBenchmarker data begins April 2006)

Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
295
Dollars per gross ton

0
100
200
300
400
500
600
700
800
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
#1 Busheling

Shredded Scrap

Oct-07
Jan-08
Apr-08

7
Jul-08
Oct-08
Jan-09
Apr-09
July 25, 2016

Jul-09
Oct-09
Jan-10
Apr-10
USA, delivered to steel plant

Jul-10
Oct-10
Jan-11
Apr-11
Jul-11
SteelBenchmarkerTM Scrap Price

Oct-11
Jan-12
Apr-12
Jul-12
Oct-12
Jan-13
Apr-13
#1 Heavy Melting

Jul-13
(AMM scrap price data, Jan. 2001 - Jan. 2007; SteelBenchmarker data begins Feb. 2007)

Oct-13
Jan-14
Apr-14
Jul-14
Oct-14
Jan-15
Apr-15
Jul-15
Oct-15
Jan-16
Apr-16
Jul-16
Oct-16
212
241
280
USA
FOB mill*
Dollars per Net Ton

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 457 -16 -3.4% 586 -26 -4.3% 599 -38 -5.9% na - -
27-Apr-15 452 -5 -1.2% 569 -17 -2.9% 584 -15 -2.4% na - -
11-May-15 455 3 0.6% 568 0 -0.1% 560 -24 -4.2% na - -
25-May-15 465 11 2.4% 578 10 1.8% 567 7 1.3% na - -
8-Jun-15 467 1 0.2% 585 7 1.2% 576 9 1.6% na - -
22-Jun-15 466 -1 -0.2% 587 2 0.3% 566 -10 -1.7% na - -
27-Jul-15 470 4 0.9% 588 1 0.2% 553 -13 -2.2% na - -
10-Aug-15 474 4 0.8% 598 9 1.6% 571 18 3.2% na - -
24-Aug-15 458 -15 -3.3% 592 -6 -1.0% 565 -6 -1.1% na - -
14-Sep-15 451 -7 -1.6% 574 -18 -3.0% 553 -13 -2.2% na - -
28-Sep-15 445 -6 -1.4% 559 -15 -2.7% 511 -42 -7.6% na - -
12-Oct-15 434 -11 -2.5% 546 -13 -2.3% 507 -4 -0.7% na - -
26-Oct-15 420 -14 -3.3% 537 -9 -1.7% 478 -29 -5.7% na - -
9-Nov-15 406 -13 -3.1% 521 -16 -3.0% 475 -3 -0.6% na - -
23-Nov-15 378 -28 -6.9% 502 -19 -3.7% 449 -26 -5.5% na - -
14-Dec-15 374 -5 -1.2% 507 5 1.1% 442 -7 -1.6% na - -
28-Dec-15 382 9 2.3% 516 9 1.8% 465 24 5.3% na - -
11-Jan-16 386 3 0.8% 537 21 4.0% 465 0 0.0% na - -
25-Jan-16 400 15 3.8% 546 9 1.6% 483 18 3.8% na - -
8-Feb-16 402 2 0.5% 542 -4 -0.7% 484 1 0.2% na - -
22-Feb-16 400 -2 -0.5% 546 5 0.8% 453 -32 -6.6% na - -
14-Mar-16 414 14 3.6% 574 27 5.0% 482 29 6.5% na - -
28-Mar-16 423 8 2.0% 595 22 3.7% 518 35 7.4% 466 - -
11-Apr-16 457 34 8.2% 628 33 5.5% 563 45 8.8% na - -
25-Apr-16 507 50 10.9% 681 54 8.5% 613 50 8.8% na - -
9-May-16 567 60 11.9% 735 54 7.9% 623 11 1.7% na - -
23-May-16 620 53 9.4% 793 57 7.8% 648 25 3.9% na - -
13-Jun-16 632 12 1.9% 799 6 0.7% 663 15 2.4% na - -
27-Jun-16 627 -5 -0.8% 813 15 1.8% 654 -9 -1.4% na - -
11-Jul-16 628 1 0.2% 824 11 1.3% 640 -14 -2.2% na - -
25-Jul-16 624 -5 -0.8% 815 -9 -1.1% 642 2 0.4% na - -
8-Aug-16
22-Aug-16

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.

8
USA
FOB mill*
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 504 -18 -3.4% 646 -29 -4.3% 660 -42 -5.9% na - -
27-Apr-15 498 -6 -1.2% 627 -19 -2.9% 644 -16 -2.4% na - -
11-May-15 501 3 0.6% 627 0 -0.1% 617 -27 -4.2% na - -
25-May-15 513 12 2.4% 638 11 1.8% 625 8 1.3% na - -
8-Jun-15 514 1 0.2% 645 7 1.2% 635 10 1.6% na - -
22-Jun-15 513 -1 -0.2% 647 2 0.3% 624 -11 -1.7% na - -
27-Jul-15 518 5 0.9% 649 2 0.2% 610 -14 -2.2% na - -
10-Aug-15 522 4 0.8% 659 10 1.6% 630 20 3.2% na - -
24-Aug-15 505 -17 -3.3% 652 -7 -1.0% 623 -7 -1.1% na - -
14-Sep-15 497 -8 -1.6% 633 -19 -3.0% 609 -14 -2.2% na - -
28-Sep-15 490 -7 -1.4% 616 -17 -2.7% 563 -46 -7.6% na - -
12-Oct-15 478 -12 -2.5% 602 -14 -2.3% 559 -4 -0.7% na - -
26-Oct-15 462 -16 -3.3% 592 -10 -1.7% 527 -32 -5.7% na - -
9-Nov-15 448 -14 -3.1% 574 -18 -3.0% 524 -3 -0.6% na - -
23-Nov-15 417 -31 -6.9% 553 -21 -3.7% 495 -29 -5.5% na - -
14-Dec-15 412 -5 -1.2% 559 6 1.1% 487 -8 -1.6% na - -
28-Dec-15 422 10 2.3% 569 10 1.8% 513 26 5.3% na - -
11-Jan-16 425 3 0.8% 592 23 4.0% 513 0 0.0% na - -
25-Jan-16 441 16 3.8% 601 9 1.6% 533 20 3.8% na - -
8-Feb-16 443 2 0.5% 597 -4 -0.7% 534 1 0.2% na - -
22-Feb-16 441 -2 -0.5% 602 5 0.8% 499 -35 -6.6% na - -
14-Mar-16 457 16 3.6% 632 30 5.0% 531 32 6.5% na - -
28-Mar-16 466 9 2.0% 656 24 3.7% 570 39 7.4% 514 - -
11-Apr-16 504 38 8.2% 692 36 5.5% 621 50 8.8% na - -
25-Apr-16 559 55 10.9% 751 59 8.5% 675 55 8.8% na - -
9-May-16 625 66 11.9% 811 60 7.9% 687 12 1.7% na - -
23-May-16 684 59 9.4% 874 63 7.8% 714 27 3.9% na - -
13-Jun-16 697 13 1.9% 880 6 0.7% 731 17 2.4% na - -
27-Jun-16 691 -6 -0.8% 897 16 1.8% 721 -10 -1.4% na - -
11-Jul-16 693 2 0.2% 909 12 1.3% 705 -16 -2.2% na - -
25-Jul-16 687 -5 -0.8% 899 -10 -1.1% 708 3 0.4% na - -
8-Aug-16
22-Aug-16

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.

9
USA
delivered to steel plant
Dollars per Gross Ton

--------------------------------Steel Scrap**--------------------------------
#1 Heavy Melting Shredded Scrap #1 Busheling
  Dlr   Pct   Dlr   Pct   Dlr   Pct
Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 228 -2 -0.8% 254 3 1.0% 250 3 1.2%
27-Apr-15 227 -1 -0.5% 254 0 0.0% 248 -2 -0.8%
11-May-15 231 4 1.8% 259 5 2.0% 250 2 0.8%
25-May-15 229 -2 -0.9% 257 -2 -0.8% 250 0 0.2%
8-Jun-15 248 19 8.5% 278 21 8.1% 270 20 7.8%
22-Jun-15 245 -3 -1.2% 277 -1 -0.3% 273 3 1.1%
27-Jul-15 234 -11 -4.7% 260 -17 -6.1% 265 -8 -2.9%
10-Aug-15 212 -22 -9.4% 235 -25 -9.5% 243 -22 -8.5%
24-Aug-15 211 -1 -0.5% 232 -3 -1.4% 240 -3 -1.1%
14-Sep-15 201 -10 -4.7% 223 -9 -4.0% 233 -7 -2.9%
28-Sep-15 184 -17 -8.5% 206 -17 -7.5% 218 -15 -6.6%
12-Oct-15 151 -33 -17.9% 172 -34 -16.5% 184 -34 -15.5%
26-Oct-15 148 -3 -2.0% 172 0 0.0% 185 1 0.3%
9-Nov-15 140 -8 -5.4% 171 -1 -0.6% 165 -20 -10.6%
23-Nov-15 143 3 2.1% 167 -4 -2.3% 168 3 1.8%
14-Dec-15 146 3 2.1% 176 9 5.6% 167 -1 -0.4%
28-Dec-15 148 2 1.4% 175 -1 -0.8% 168 1 0.4%
11-Jan-16 154 6 4.1% 183 8 4.6% 180 12 7.4%
25-Jan-16 164 10 6.6% 187 4 2.2% 181 1 0.3%
8-Feb-16 162 -2 -1.3% 184 -3 -1.6% 184 3 1.7%
22-Feb-16 164 2 1.4% 187 3 1.6% 181 -3 -1.4%
14-Mar-16 175 11 6.5% 199 12 6.4% 190 9 4.7%
28-Mar-16 176 1 0.6% 198 -1 -0.5% 195 5 2.4%
11-Apr-16 220 44 24.9% 248 50 25.3% 243 48 24.9%
25-Apr-16 220 0 -0.1% 244 -4 -1.6% 241 -2 -0.6%
9-May-16 241 22 9.8% 270 26 10.6% 276 35 14.4%
23-May-16 243 2 0.6% 270 0 0.1% 279 3 1.0%
13-Jun-16 223 -20 -8.2% 249 -21 -7.7% 273 -6 -2.3%
27-Jun-16 216 -7 -3.1% 246 -3 -1.4% 276 3 1.1%
11-Jul-16 226 10 4.8% 236 -10 -4.1% 285 10 3.5%
25-Jul-16 212 -15 -6.5% 241 5 2.1% 280 -5 -1.9%
8-Aug-16
22-Aug-16

Notes: ** Steel scrap delivered to steel plant


#1 heavy melting – demolition scrap that is at least ¼” 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.

10
China
Ex-works
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 330 -22 -6.3% 444 -41 -8.5% 338 -8 -2.3% 335 -5 -1.5%
27-Apr-15 333 3 0.9% 435 -9 -2.0% 335 -3 -0.9% 334 -1 -0.3%
11-May-15 335 2 0.6% 429 -6 -1.4% 333 -2 -0.6% 319 -15 -4.5%
25-May-15 325 -10 -3.0% 421 -8 -1.9% 326 -7 -2.1% 307 -12 -3.8%
8-Jun-15 321 -4 -1.2% 412 -9 -2.1% 317 -9 -2.8% 299 -8 -2.6%
22-Jun-15 307 -14 -4.4% 404 -8 -1.9% 300 -17 -5.4% 287 -12 -4.0%
27-Jul-15 275 -32 -10.4% 366 -38 -9.4% 278 -22 -7.3% 268 -19 -6.6%
10-Aug-15 282 7 2.5% 362 -4 -1.1% 289 11 4.0% 292 24 9.0%
24-Aug-15 269 -13 -4.6% 350 -12 -3.3% 278 -11 -3.8% 282 -10 -3.4%
14-Sep-15 265 -4 -1.5% 348 -2 -0.6% 269 -9 -3.2% 270 -12 -4.3%
28-Sep-15 261 -4 -1.5% 342 -6 -1.7% 263 -6 -2.2% 261 -9 -3.3%
12-Oct-15 259 -2 -0.8% 339 -3 -0.9% 261 -2 -0.8% 263 2 0.8%
26-Oct-15 253 -6 -2.3% 331 -8 -2.4% 260 -1 -0.4% 261 -2 -0.8%
9-Nov-15 244 -9 -3.6% 321 -10 -3.0% 256 -4 -1.5% 263 2 0.8%
23-Nov-15 238 -6 -2.5% 311 -10 -3.1% 246 -10 -3.9% 251 -12 -4.6%
14-Dec-15 231 -7 -2.9% 304 -7 -2.3% 234 -12 -4.9% 232 -19 -7.6%
28-Dec-15 244 13 5.6% 325 21 6.9% 241 7 3.0% 238 6 2.6%
11-Jan-16 251 7 2.9% 336 11 3.4% 246 5 2.1% 243 5 2.1%
25-Jan-16 248 -3 -1.2% 341 5 1.5% 244 -2 -0.8% 241 -2 -0.8%
8-Feb-16 250 2 0.8% 342 1 0.3% 245 1 0.4% 241 0 0.0%
22-Feb-16 262 12 4.8% 347 5 1.5% 262 17 6.9% 253 12 5.0%
14-Mar-16 310 48 18.3% 407 60 17.3% 323 61 23.3% 292 39 15.4%
28-Mar-16 320 10 3.2% 413 6 1.5% 325 2 0.6% 298 6 2.1%
11-Apr-16 352 32 10.0% 429 16 3.9% 345 20 6.2% 331 33 11.1%
25-Apr-16 414 62 17.6% 490 61 14.2% 398 53 15.4% 390 59 17.8%
9-May-16 361 -53 -12.8% 465 -25 -5.1% 359 -39 -9.8% 339 -51 -13.1%
23-May-16 333 -28 -7.8% 426 -39 -8.4% 327 -32 -8.9% 292 -47 -13.9%
13-Jun-16 327 -6 -1.8% 384 -42 -9.9% 311 -16 -4.9% 282 -10 -3.4%
27-Jun-16 313 -14 -4.3% 377 -7 -1.8% 301 -10 -3.2% 278 -4 -1.4%
11-Jul-16 320 7 2.2% 378 1 0.3% 311 10 3.3% 293 15 5.4%
25-Jul-16 323 3 0.9% 389 11 2.9% 316 5 1.6% 295 2 0.7%
8-Aug-16
22-Aug-16

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.

11
Western Europe
Ex-works
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 432 -10 -2.3% na - - na - - na - -
27-Apr-15 437 5 1.2% na - - na - - na - -
11-May-15 450 13 3.0% na - - na - - na - -
25-May-15 440 -10 -2.2% na - - na - - na - -
8-Jun-15 429 -11 -2.5% na - - na - - na - -
22-Jun-15 428 -1 -0.2% na - - na - - na - -
27-Jul-15 420 -8 -2.0% na - - na - - na - -
10-Aug-15 414 -6 -1.3% na - - na - - na - -
24-Aug-15 428 14 3.4% na - - na - - na - -
14-Sep-15 416 -12 -2.8% na - - na - - na - -
28-Sep-15 403 -13 -3.1% na - - na - - na - -
12-Oct-15 397 -6 -1.5% na - - na - - na - -
26-Oct-15 376 -21 -5.3% na - - na - - na - -
9-Nov-15 367 -9 -2.5% na - - na - - na - -
23-Nov-15 346 -21 -5.6% na - - na - - na - -
14-Dec-15 353 7 2.1% na - - na - - na - -
28-Dec-15 352 -1 -0.3% na - - na - - na - -
11-Jan-16 352 0 0.0% na - - na - - na - -
25-Jan-16 352 0 0.0% na - - na - - na - -
8-Feb-16 360 8 2.3% na - - na - - na - -
22-Feb-16 362 2 0.6% na - - na - - na - -
14-Mar-16 369 7 1.9% na - - na - - na - -
28-Mar-16 390 21 5.7% na - - na - - na - -
11-Apr-16 420 30 7.7% na - - na - - na - -
25-Apr-16 441 21 5.0% na - - na - - na - -
9-May-16 475 34 7.7% na - - na - - na - -
23-May-16 487 12 2.5% na - - na - - na - -
13-Jun-16 492 5 1.0% na - - na - - na - -
27-Jun-16 469 -23 -4.7% na - - na - - na - -
11-Jul-16 459 -10 -2.1% na - - na - - na - -
25-Jul-16 456 -3 -0.7% na - - na - - na - -
8-Aug-16
22-Aug-16

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.

12
Western Europe
Ex-works
Euros per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

Euro Euro   Pct Euro   Pct Euro   Pct Euro   Pct


($/Euro) Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 1.060 408 e 3 0.7% na - - na - - na - -
27-Apr-15 1.088 402 e -6 -1.4% na - - na - - na - -
11-May-15 1.114 404 e 2 0.6% na - - na - - na - -
25-May-15 1.089 404 e 0 0.0% na - - na - - na - -
8-Jun-15 1.126 381 e -23 -5.7% na - - na - - na - -
22-Jun-15 1.135 377 e -4 -1.0% na - - na - - na - -
27-Jul-15 1.109 378 e 1 0.3% na - - na - - na - -
10-Aug-15 1.096 378 e 0 -0.1% na - - na - - na - -
24-Aug-15 1.138 376 e -2 -0.4% na - - na - - na - -
14-Sep-15 1.132 368 e -9 -2.3% na - - na - - na - -
28-Sep-15 1.120 360 e -8 -2.1% na - - na - - na - -
12-Oct-15 1.136 350 e -10 -2.9% na - - na - - na - -
26-Oct-15 1.106 340 e -10 -2.7% na - - na - - na - -
9-Nov-15 1.078 340 e 0 0.0% na - - na - - na - -
23-Nov-15 1.064 325 e -15 -4.4% na - - na - - na - -
14-Dec-15 1.098 322 e -4 -1.2% na - - na - - na - -
28-Dec-15 1.097 321 e -1 -0.2% na - - na - - na - -
11-Jan-16 1.089 323 e 2 0.7% na - - na - - na - -
25-Jan-16 1.085 324 e 1 0.4% na - - na - - na - -
8-Feb-16 1.117 322 e -2 -0.7% na - - na - - na - -
22-Feb-16 1.107 327 e 5 1.5% na - - na - - na - -
14-Mar-16 1.111 332 e 5 1.6% na - - na - - na - -
28-Mar-16 1.120 348 e 16 4.8% na - - na - - na - -
11-Apr-16 1.141 368 e 20 5.7% na - - na - - na - -
25-Apr-16 1.125 392 e 24 6.5% na - - na - - na - -
9-May-16 1.139 417 e 25 6.4% na - - na - - na - -
23-May-16 1.122 434 e 17 4.1% na - - na - - na - -
13-Jun-16 1.121 439 e 5 1.1% na - - na - - na - -
27-Jun-16 1.106 424 e -15 -3.4% na - - na - - na - -
11-Jul-16 1.106 415 e -9 -2.1% na - - na - - na - -
25-Jul-16 1.099 415 e 0 0.0% na - - na - - na - -
8-Aug-16
22-Aug-16

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
World Export Price
FOB the Port of Export
Dollars per Metric Tonne

---------HRB-------- ---------CRC--------- ---------Plate--------- --------Rebar---------

  Dlr   Pct   Dlr   Pct   Dlr   Pct   Dlr   Pct


Price Chng Chng Price Chng Chng Price Chng Chng Price Chng Chng
13-Apr-15 399 -15 -3.6% na - - na - - na - -
27-Apr-15 390 -9 -2.3% na - - na - - na - -
11-May-15 384 -6 -1.5% na - - na - - na - -
25-May-15 380 -4 -1.0% na - - na - - na - -
8-Jun-15 383 3 0.8% na - - na - - na - -
22-Jun-15 374 -9 -2.3% 435 - - na - - na - -
27-Jul-15 371 -3 -0.8% na - - na - - na - -
10-Aug-15 352 -19 -5.1% na - - na - - na - -
24-Aug-15 340 -12 -3.4% 407 - - na - - na - -
14-Sep-15 333 -7 -2.1% na - - na - - na - -
28-Sep-15 324 -9 -2.7% 395 - - na - - na - -
12-Oct-15 310 -14 -4.3% na - - na - - na - -
26-Oct-15 294 -16 -5.2% 378 - - na - - na - -
9-Nov-15 286 -8 -2.7% 371 -7 -1.9% na - - na - -
23-Nov-15 276 -10 -3.5% na - - na - - na - -
14-Dec-15 285 9 3.3% na - - na - - na - -
28-Dec-15 283 -2 -0.7% na - - na - - na - -
11-Jan-16 283 0 0.0% na - - na - - na - -
25-Jan-16 281 -2 -0.7% na - - na - - na - -
8-Feb-16 272 -9 -3.2% na - - na - - na - -
22-Feb-16 283 11 4.0% 368 - - na - - na - -
14-Mar-16 299 16 5.7% 410 42 11.4% na - - na - -
28-Mar-16 321 22 7.4% 445 35 8.5% na - - na - -
11-Apr-16 370 49 15.3% 458 13 2.9% na - - na - -
25-Apr-16 434 64 17.3% 513 55 12.0% na - - na - -
9-May-16 452 18 4.1% 506 -7 -1.4% na - - na - -
23-May-16 427 -25 -5.6% 497 -9 -1.8% na - - na - -
13-Jun-16 414 -13 -3.0% 493 -4 -0.8% na - - na - -
27-Jun-16 362 -52 -12.6% na - - na - - na - -
11-Jul-16 365 3 0.8% 432 - - na - - na - -
25-Jul-16 364 -1 -0.3% 437 5 1.2% na - - na - -
8-Aug-16
22-Aug-16

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.

14
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 * Hot-rolled band *


(0.2" thick x 48-60" wide) (5mm thick x 1200-1500mm wide)
Cold-rolled coil * Cold-rolled coil *
(0.03" x 48-60" wide) (0.7mm x 1200-1500mm wide)
Rebar #5 * Rebar #5 *
(5/8" in diameter) (16mm in diameter)
Standard plate * Standard plate *
(1" x 96" x 240") (24mm x 2400mm x 6000mm)
Steel scrap **
#1 Heavy melting
Shredded - all but West Coast
#1 Busheling

Chinese Market World Export Market


Home Market Atlantic and Pacific Basin
Ex-works FOB port of export

Hot-rolled band * Hot-rolled band ***


(5mm thick x 1200-1500mm wide) (5mm thick x 1200-1500mm wide)
Cold-rolled coil * Cold-rolled coil ***
(0.7mm x 1200-1500mm wide) (0.7mm x 1200-1500mm wide)
Rebar #5 * Rebar #5 ***
(16mm in diameter) (16mm in diameter)
Standard plate * Standard plate ***
(24mm x 2400mm x 6000mm) (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 ¼” 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

15

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