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 3.65
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -2.94
Billet - FOB ex-Russia, $/mt -1.63
Rebar - FOB Turkey, $/mt -0.86
HRC - FOB China, $/mt -1.49
Wire Rod - FOB China, $/mt -1.03
Click to see all prices
Product Weekly Change (%)
HDG FOB China 0
HRC FOB Turkey -0.86
Iron ore (62%) CFR China -5.98
Scrap HMS I/II 80:20 CFR Turkey -1.93
Click to see all prices
  Weekly Change (%)
Turkish Scrap Index 0.38
China HRC export index -2.41
China CRC export index -0.43
Turkish HDG Index -1.19
Click to see full list
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
Click to see full list

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