Global View on HRC: Trade quiet globally, prices stabilize in most regions except China

During the past week, hot rolled coil (HRC) prices in the Chinese domestic market indicated certain rises amid a slight ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -0.96
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.13
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Rebar - FOB Turkey, $/mt 0
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Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
HDG FOB China -0.78
HRC FOB Turkey -2.02
Iron ore (62%) CFR China 3.86
Scrap HMS I/II 80:20 CFR Turkey 0.91
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  Weekly Change (%)
Turkish Scrap Index 0.55
China HRC export index 0
China CRC export index -0.82
Turkish HDG Index 0
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USA Scrap Export January - March 2024 / mton
Turkey 933,911
Mexico 653,331
Bangladesh 387,888
Taiwan 319,054
India 222,350
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