Global View on HRC: China keeps exerting pressure on global prices, EU suppliers fail to secure deals at higher levels 

Although most Chinese suppliers have been trying to maintain their HRC offers unchanged, several mills have corrected their ...

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Iron Ore - 62% Fe, CFR China, $/mt 4.47
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Product Weekly Change (%)
HDG FOB China -0.82
HRC FOB Turkey -0.87
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Scrap HMS I/II 80:20 CFR Turkey -2.72
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  Weekly Change (%)
Turkish Scrap Index -1.31
China HRC export index -1.49
China CRC export index -0.86
Turkish HDG Index -1.2
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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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