Transport cost estimation service - coal, iron ore, steel

We have just launched a new service for estimating commodity transport costs around the world [for scrap cargo, iron ore, coal, steel etc]. For further info, visit http://www.steelonthenet.com/freight.html

 

blogger@steelonthenet.com

Steel prices to reach $1000 per tonne

According to a MEPS report published today, steel prices are headed toward $1000 per tonne. This would bring steel prices back to their levels of July 2008, which was the last steel pricing peak before the crash.

Driven by higher steelmaking input costs [including coking coal, iron ore as well as steel scrap], the current expectation is for world steel prices to reach $1000 per metric tonne by Q3 2011.

 

To read the MEPS report, visit http://www.meps.co.uk/MepsNewsSteelPrices2011.htm

 

blogger@steelonthenet.com

 

Rebar cost model

We have posted another cost model on the website. This is a January 2011 model of conversion costs from billet to rebar, based on scrap and billet costs today. To better understand cost structure for producing reinforcing bar, click steel rebar cost model.

blogger@steelonthenet.com