US flat steel pricing mixed again as December scrap settles sideways to lower with slack demand

Scrap insiders said mills initially sought $10-$20/gt discounts for their meager December scrap requirements, though settled at ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -1.65
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 2.52
Billet - FOB ex-Russia, $/mt 1.14
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt -1.51
Wire Rod - FOB China, $/mt 1.04
Click to see all prices
Product Weekly Change (%)
HDG FOB China 0.83
HRC FOB Turkey -2.68
Iron ore (62%) CFR China 0.53
Scrap HMS I/II 80:20 CFR Turkey -0.59
Click to see all prices
  Weekly Change (%)
Turkish Scrap Index -2.33
China HRC export index 0.51
China CRC export index -0.87
Turkish HDG Index -2.44
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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