Ex-Asia billet pricing lacks direction amid tentative optimism in China, rare deals with discounts

The price trend in the billet export market in Asia has been lacking direction over the past week as, on the one hand, there ...

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Iron Ore - 62% Fe, CFR China, $/mt -2.38
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Product Weekly Change (%)
Billets CFR Turkey 0
Billets FOB Black Sea n/a
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Scrap HMS I/II 80:20 CFR Turkey 0.72
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  Weekly Change (%)
Turkish Rebar Index -0.34
Turkish Scrap Index 0.27
China rebar export index -1.04
China wire rod domestic market index 1.67
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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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