Semi-finished steel prices

Billet and slab price data 2008 - 2013


Average world fob export prices $/tonne
DateBilletSlab
Jan 2008$531$503
Feb 2008$571$537
Mar 2008$585$560
Apr 2008$693$599
May 2008$762$696
Jun 2008$856$762
Jul 2008$978$802
Aug 2008$1004$854
Sep 2008$882$843
Oct 2008$684$754
Nov 2008$546$633
Dec 2008$388$628
Jan 2009$375$539
Feb 2009$372$463
Mar 2009$378$409
Apr 2009$368$366
May 2009$340$337
Jun 2009$357$332
Jul 2009$367$322
Aug 2009$377$353
Sep 2009$410$372
Oct 2009$420$413
Nov 2009$424$429
Dec 2009$408$415
Jan 2010$407$421
Feb 2010$420$410
Mar 2010$431$426
Apr 2010$482$472
May 2010$526$524
Jun 2010$534$540
Jul 2010$510$541
Aug 2010$492$551
Sep 2010$520$537
Oct 2010$558$540
Nov 2010$546$530
Dec 2010$539$532
Jan 2011$578$554
Feb 2011$611$545
Mar 2011$636$649
Apr 2011$655$643
May 2011$643$668
Jun 2011$654$671
Jul 2011$665$659
Aug 2011$669$652
Sep 2011$660$628
Oct 2011$675$618
Nov 2011$652$615
Dec 2011$609$589
Jan 2012$609$562
Feb 2012$607$575
Mar 2012$615$563
Apr 2012$618$564
May 2012$600$576
Jun 2012$596$563
Jul 2012$584$554
Aug 2012$568$543
Sep 2012$570$523
Oct 2012$563$509
Nov 2012$542$481
Dec 2012$528$481
Jan 2013$534$481
Feb 2013$542$495
Mar 2013$548$507
Apr 2013$546$516
May 2013$540$513
Jun 2013$528$489



Price information

Product definitions are as follows.

  • Billet is continuously cast, 120x120mm to 150x150mm square
  • Slab is conventional continuous cast slab ~150mm up to ~400mm thick
  • Both billet and slab are made from commodity carbon steel rather than from alloy or other specialty steel.

All prices are monthly world average f.o.b. export prices expressed in
US dollars per metric tonne.