US DOC increases Q3 prices in suspension agreement with Russia

Wednesday, 06 June 2012 02:23:27 (GMT+3)   |  
The US Department of Commerce has announced the third quarter 2012 reference prices for hot-rolled steel flat products pursuant to the suspension agreement with Russia. 
 
The reference prices for the third quarter of 2012 (July 1-September 30, 2012) are as follows (with the reference prices from the second quarter of 2012 in parentheses for comparison):
 
Group one: Commercial and structural quality steel - A36; A1011-CS; A1011-SS-Grades 30, 33, 36, 40; A1018-SS-Grades 30, 33, 36, 40; and API 5L Grades A and B
 
Reference price:  $419.29 per metric ton ($408.43 per metric ton)
 
Group two: HSLA & HSLA-F quality steel grades - A752; A1011-HSLAS; A1018-HSLAS; A1011-HSLAS-F; A1018-HSLAS-F; API 5L Grades X42, X46, X52, X56, X60; and API 5CT Grades J55 and K55
 
Reference price: $460.34 per metric ton ($448.42 per metric ton)
 
Group three: High grade coils and sheets for pipes and casings - API 5L Grades X65, X70, X80
 
Reference price: $535.23 per metric ton ($521.37 per metric ton)

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