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PRICING NOTICE: Base currency change to selected steel assessments

Apr 25, 2012 | 04:43 AM |


Following a review of regional transaction data, Metal Bulletin is proposing the following changes to the base currencies for the following steel prices.

The base currency will change from $ per tonne to € per tonne for the following weekly assessments, to reflect the main currency of trade and the collected transaction data:

EU Export Rebar
Wire Rod (mesh quality)
Stainless Steel Grade 304 2mm CR sheet 
cif Europe Stainless Steel Scrap 18/8 solids and turnings 18/8

The changes will become effective on April 25 2012 for the EU export assessments and on April 27 2012 for the cif Europe Stainless Steel Scrap assessments.

For queries and comments, please contact Vera Blei, steel editor, at vblei@metalbulletin.com




Latest Pricing Trends Year Over Year

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After witnessing the pace of steel plant idlings and worker layoffs during the first half of the year, what is your view of the second half of 2015? (choose one)

No matter what else happens, layoffs and shutdowns, etc., have nearly or essentially stopped for the year.
The environment will change little and the pace of layoffs will continue at a similar rate as the first half of 2015.
The environment will change little yet the pace of layoffs will begin to slow slightly to moderately.
The environment will change little yet the pace of layoffs could exceed the rate seen thus far.
The environment will improve slightly to moderately yet hiring and plant restarts will not resume this year.
The environment will improve slightly to moderately, with hiring and plant restarts commencing.
The environment will improve dramatically yet hiring and plant restarts will still be negligible in comparison.
The environment will improve dramatically yet hiring and plant restarts will only be slight to moderate.
The environment will improve dramatically, with hiring and plant restarts occurring nearly in tandem.


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