Turkey’s Kardemir issues its merchant bar prices after long break

Earlier today, July 3, Turkish mill  Kardemir  decreased its  merchant bar  prices by $5/mt amid sluggish ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 3.86
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.06
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0.49
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Product Weekly Change (%)
Billets CFR Turkey -1.62
Billets FOB Black Sea n/a
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 0.91
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  Weekly Change (%)
Turkish Rebar Index 0.9
Turkish Scrap Index 0.55
China rebar export index -1.89
China wire rod domestic market index -1.46
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USA Scrap Export January - March 2024 / mton
Turkey 933,911
Mexico 653,331
Bangladesh 387,888
Taiwan 319,054
India 222,350
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