Turkey’s Kardemir reduces its wire rod prices   

Today, July 31, Turkish integrated mill  Kardemir  has cut its  wire rod  prices by $10/mt, as compared to its price ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -2.38
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -0.64
Billet - FOB ex-Russia, $/mt -0.34
Rebar - FOB Turkey, $/mt -0.44
HRC - FOB China, $/mt -2.04
Wire Rod - FOB China, $/mt -1.04
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Product Weekly Change (%)
Billets CFR Turkey 0
Billets FOB Black Sea n/a
Rebar FOB Turkey 0.44
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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