Turkey’s flats spot prices drop further, aggressive offers approaching mills’ HRC levels

This week, despite relatively stable hot rolled coil (HRC) pricing and slightly improved scrap price movements, a downward ...

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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
Click to see all prices
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
Click to see all prices
  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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