Ex-China plate prices stable amid moderate demand, market evaluates economic meeting

Mainstream ex-China steel plate offer prices from mills have been heard at $490-500/mt FOB for January shipment as of today, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -0.81
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 3.83
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Rebar - FOB Turkey, $/mt 0
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Product Weekly Change (%)
HDG FOB China 0.83
HRC FOB Turkey -2.68
Iron ore (62%) CFR China 0.53
Scrap HMS I/II 80:20 CFR Turkey 2.52
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  Weekly Change (%)
Turkish Scrap Index -2.33
China HRC export index 0.51
China CRC export index -0.87
Turkish HDG Index -2.44
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USA Scrap Export January - August 2024 / mton
Turkey 3,128,796
Mexico 1,523,835
Bangladesh 1,336,514
India 861,646
Taiwan 842,231
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