Global View on HRC: Suppliers still keep prices stable, market evaluations mainly remain pessimistic

Most global hot rolled coil (HRC) suppliers have kept their offers stable this week, while the HRC markets globally have ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.62
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -0.55
Billet - FOB ex-Russia, $/mt -2.09
Rebar - FOB Turkey, $/mt -1.64
HRC - FOB China, $/mt 1.47
Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
HDG FOB China 0
HRC FOB Turkey -0.85
Iron ore (62%) CFR China 1.24
Scrap HMS I/II 80:20 CFR Turkey -0.55
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  Weekly Change (%)
Turkish Scrap Index -0.39
China HRC export index 0
China CRC export index -1.68
Turkish HDG Index -0.6
Click to see full list
USA Scrap Export January - July 2024 / mton
Turkey 2,551,083
Mexico 1,338,092
Bangladesh 1,040,581
India 764,040
Taiwan 732,465
Click to see full list

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