Global View on Scrap: Negative mood strengthens in Turkey and Asia as year-end approaches

Having indicated a significant drop on November 20 , Turkey ’s deep sea scrap  market continued its sharp ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -4.08
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 0
Wire Rod - FOB China, $/mt -2.05
Click to see all prices
Product Weekly Change (%)
Billets FOB China -1.65
Iron ore (62%) CFR China -3.78
Rebar FOB Turkey 0.44
Scrap HMS I/II 80:20 CFR Turkey 0.72
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.34
Turkish Scrap Index 0.27
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index 1.25
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
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