US wire rod prices steady to lower on scant demand, lower June scrap outlook

US wire rod prices were steady to lower this week, as low domestic demand persists and expectations continue to mount for lower ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 5.79
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -2.53
Billet - FOB ex-Russia, $/mt -1.63
Rebar - FOB Turkey, $/mt -0.86
HRC - FOB China, $/mt -1.49
Wire Rod - FOB China, $/mt -1.03
Click to see all prices
Product Weekly Change (%)
Billets CFR Turkey -1.97
Billets FOB Black Sea n/a
Rebar FOB Turkey -2.1
Scrap HMS I/II 80:20 CFR Turkey -1.93
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -2.04
Turkish Scrap Index 0.38
China rebar export index -4
China wire rod domestic market index -0.68
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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