Steel Prices

The graphs below indicate the price movements over the past two years of key products and cost indices relevant to the Australian steel industry.
Key to Prices

China Rebar: Shanghai Futures Exchange (SHFE) converted to USD at 7.0 Yuan/USD.
Turkey Rebar: Turkey exports FOB Turkish Port – one month USD / tonne from London Metal Exchange.
Turkey Scrap: Turkey CFR in USD / tonne from LME closing contract price.
Blast Furnace Cost: 1.6 mt of iron ore (Bloomberg indicative USD CFR prices for 62 Fe shipping to Qingdao from S&P Platts Global) + 0.9 mt of coking coal (premium low-volume coking coal USD / tonne from S&P Platts Global) + 0.15 mt of scrap metal (Turkey CFR per tonne from LME closing contract price converted to AUD).
EAF/Scrap Cost: 1.13 mt of scrap metal (Turkey CFR per tonne from LME closing contract price converted to AUD).