Billet prices for SE Asian buyers fall, but trading not so active with more declines possible

Import billet prices in Southeast Asia have decreased this week amid active offering by Chinese traders, given the bearish ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -6.75
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -1.11
Billet - FOB ex-Russia, $/mt -0.76
Rebar - FOB Turkey, $/mt -2.1
HRC - FOB China, $/mt -2.42
Wire Rod - FOB China, $/mt -2.01
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Product Weekly Change (%)
Billets CFR Turkey -0.98
Billets FOB Black Sea n/a
Rebar FOB Turkey -0.83
Scrap HMS I/II 80:20 CFR Turkey 0.97
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.97
Turkish Scrap Index -0.39
China rebar export index -1.96
China wire rod domestic market index -1.99
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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