This document provides steel reference prices and average delivery lead times for the week of April 14-20, 2014. It includes prices for hot-rolled coil, cold-rolled coil, galvanized steel, plate, rebar and stainless steel in regions including the US, Northern Europe, Southern Europe, Turkey, India, and China. Price changes from the previous week and month are shown along with the price ranges for the past 12 months. Charts also show price histories from May 2012 to April 2014.

1. Reference Prices for Week of April 14 - 20, 2014 (Week 16)
The Steel Index Reference Prices (Domestic Markets)
USA (FOB Midwest Mill) 1-week change 4-week change Low* High*
HRC (USD/short ton) 675 14 +2.1% 51 +8.2% 570 685
CRC (USD/short ton) 798 5 +0.6% 53 +7.1% 671 798
HD Galv (USD/short ton) 848 8 +1.0% 38 +4.7% 728 848
Plate (USD/short ton) 808 = 0 0.0% 8 -1.0% 703 816
Rebar (USD/short ton)** 631 = 0 0.0% = 0 0.0% 626 667
N.Europe (Ex-mill)
HRC (EUR/tonne) 435 1 -0.2% 8 -1.8% 411 473
CRC (EUR/tonne) 512 4 -0.8% 19 -3.6% 510 546
HD Galv (EUR/tonne) 558 = 0 0.0% 12 -2.1% 519 590
Plate (EUR/tonne) 522 1 +0.2% 2 +0.4% 497 529
Rebar (EUR/tonne) 446 4 +0.9% 12 -2.6% 442 485
S.Europe (Ex-mill)
HRC (EUR/tonne) 402 4 -1.0% 21 -5.0% 401 461
CRC (EUR/tonne) 483 2 -0.4% 16 -3.2% 483 540
HD Galv (EUR/tonne) 532 = 0 0.0% 13 -2.4% 485 561
Plate (EUR/tonne) 488 = 0 0.0% 7 -1.4% 449 521
Rebar (EUR/tonne) 456 2 +0.4% 5 +1.1% 434 481
Turkey (Ex-mill)
HRC (USD/tonne) 578 3 +0.5% 5 +0.9% 557 605
CRC (USD/tonne) 680 1 -0.1% 1 -0.1% 672 733
HD Galv (USD/tonne) 760 3 -0.4% 12 -1.6% 760 822
India (DDP Mumbai)
HRC (INR/tonne) 44,540 = 0 0.0% 1 -2.2% 39,760 45,610
*Past 12 months **Under development. ## Note: European and US HRC prices shown are weekly averages of daily prices ##
The Steel Index Reference Prices (Exports/Imports)
Chinese Exports to EU/USA (FOB China Port) 1-week change 4-week change Low* High*
HRC (USD/tonne) 525 2 +0.4% 5 +1.0% 500 555
CRC (USD/tonne) 603 4 -0.7% 7 -1.1% 585 632
Chinese Exports to Asia (FOB China Port)
HRC (USD/tonne) 523 6 +1.2% 8 +1.6% 503 551
Asean Imports (CFR Asean Port)
HRC (USD/tonne)** 552 5 +0.9% 7 +1.3% 518 580
CRC (USD/tonne) 615 3 -0.5% 1 -0.2% 583 652
Plate (USD/tonne) 532 4 +0.8% 8 +1.5% 518 554
*Past 12 months **SAE grade. Price shown is weekly average of daily prices
The Steel Index Reference Prices (Domestic Markets)
N.Europe (Ex-mill) 1-week change 4-week change Low* High*
Stainless CRC 304 (EUR/tonne)** 2,093 = 0 0.0% 29 +1.4% 2,020 2,265
*Past 12 months **Under development
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Use of the information presented here is at your sole risk, and any content, material and/or data presented or otherwise obtained through your use of the information
in this document is at your own discretion and risk and you will be solely responsible for any damage to you personally or your company or organisation or business
associates whatsoever which in anyway results from the use, reliance or application of such content material and/or data and/or information.
© Copyright The Steel Index 2014

2. Average Delivery Lead-Times for Week of April 14 - 20, 2014 (Week 16)
USA (domestic mill)
Average Delivery Lead-Times - USA (Weeks)
Western Europe (domestic mill)
Average Delivery Lead-Times - N. Europe (Weeks) Average Delivery Lead-Times - S. Europe (Weeks)
Turkey (domestic mill) Chinese Exports
Average Delivery Lead-Times - Turkey (Weeks) Average Delivery Lead-Times - Chinese Exports to EU&US (Weeks)
** Under development ## Note: North and South Europe HRC delivery lead-times shown are weekly averages of daily data ##
www.thesteelindex.com
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© Copyright The Steel Index 2014

3. Southern Europe Rebar - Black Sea Billet Spread (US$/tonne)
Billet Price - FOB Black Sea Export [Platts] (US$/tonne)
Rebar - Billet Price Spreads for Week of April 14 - 20, 2014 (Week 16) **
European Rebar - Black Sea Billet Price Spreads
Europe 1-week change 4-week change Low* High*
N.Europe Rebar-Billet Spread (USD/tonne) 115 8 +7.5% 28 -19.6% 73 168
S.Europe Rebar-Billet Spread (USD/tonne) 129 5 +4.0% 5 -3.7% 61 161
* past 12 months
Price Spreads History: European Rebar - Black Sea Billet Exports
Northern Europe Rebar - Black Sea Billet Spread (US$/tonne)
Rebar Prices: Europe (Domestic) Billet Price: Black Sea Export
North and South European Domestic Rebar Prices (US$/tonne)
Rebar prices are TSI weekly prices for Northern and Southern Europe
Black Sea Billet Export prices are weekly averages of daily prices reported by Platts
**Differential between TSI's weekly rebar reference prices (converted into US$ at prevailing exchange rates) and the weekly average Platts FOB Black
Sea Billet Export price
To view prices in different currencies log-in to: www.thesteelindex.com
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in this document is at your own discretion and risk and you will be solely responsible for any damage to you personally or your company or organisation or business
associates whatsoever which in anyway results from the use, reliance or application of such content material and/or data and/or information.
© Copyright The Steel Index 2014

4. Reference Price History: May 2012 to April 2014 *
USA (FOB Midwest Mill)
Reference Prices - USA Domestic (US$/short ton) Reference Prices - USA Domestic (US$/short ton)
Northern Europe - Ex-works (domestic mill)
Reference Prices - N. Europe Domestic (Euro/tonne) Reference Prices - N. Europe Domestic (Euro/tonne)
Southern Europe - Ex-works (domestic mill)
Reference Prices - S. Europe Domestic (Euro/tonne) Reference Prices - S. Europe Domestic (Euro/tonne)
* Monthly averages
To view full price histories over time periods of your choice, log-in to: www.thesteelindex.com
Use of the information presented here is at your sole risk, and any content, material and/or data presented or otherwise obtained through your use of the information
in this document is at your own discretion and risk and you will be solely responsible for any damage to you personally or your company or organisation or business
associates whatsoever which in anyway results from the use, reliance or application of such content material and/or data and/or information.
© Copyright The Steel Index 2014

5. Reference Price History: May 2012 to April 2014 *
Turkey – Ex-works (domestic mill) Stainless Steel Europe - Ex-works (domestic mill)
Reference Prices - Turkey Domestic (US$/tonne) Reference Price - N.Europe Stainless (Euro/tonne)
Chinese Exports - FOB Stowed China Port
Reference Prices - Chinese Exports to EU & US (US$/tonne) Reference Price - Chinese Exports to Asia (US$/tonne)
* Monthly averages
To view full price histories in different currencies log-in to: www.thesteelindex.com
Use of the information presented here is at your sole risk, and any content, material and/or data presented or otherwise obtained through your use of the information
in this document is at your own discretion and risk and you will be solely responsible for any damage to you personally or your company or organisation or business
associates whatsoever which in anyway results from the use, reliance or application of such content material and/or data and/or information.
© Copyright The Steel Index 2014

6. Average Delivery Lead-Time History: May 2012 to April 2014 *
USA - FOB Midwest Mill (domestic)
Average Delivery Lead-Times - USA (Weeks) Average Delivery Lead-Times - USA (Weeks)
Northern Europe - Ex-works (domestic)
Average Delivery Lead-Times - N. Europe (Weeks) Average Delivery Lead-Times - N. Europe (Weeks)
Southern Europe - Ex-works (domestic)
Average Delivery Lead-Times - S. Europe (Weeks) Average Delivery Lead-Times - S. Europe (Weeks)
* Monthly averages
To view full histories of average delivery lead-times visit the website: www.thesteelindex.com
Use of the information presented here is at your sole risk, and any content, material and/or data presented or otherwise obtained through your use of the information
in this document is at your own discretion and risk and you will be solely responsible for any damage to you personally or your company or organisation or business
associates whatsoever which in anyway results from the use, reliance or application of such content material and/or data and/or information.
© Copyright The Steel Index 2014

7. Average Delivery Lead-Time History: May 2012 to April 2014 *
Turkey - Ex-works (domestic mill) Stainless Steel Europe - Ex-works (domestic mill)
Average Delivery Lead-Times - Turkey (Weeks) Average Delivery Lead Times - N.Europe Stainless (Weeks)
China Exports - FOB Stowed China Port
Average Delivery Lead-Times - Chinese Exports to EU/US (Weeks) Average Delivery Lead-Time - Chinese Exports to Asia (Weeks)
* Monthly averages
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© Copyright The Steel Index 2014