Global View on Scrap: Turkey’s import market may have hit bottom, Asia struggling for stability

With the new deals which surfaced on October 31,  Turkey’s import scrap market is now considered to have hit the ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.24
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -0.55
Billet - FOB ex-Russia, $/mt -2.09
Rebar - FOB Turkey, $/mt -1.64
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0.51
Click to see all prices
Product Weekly Change (%)
Billets FOB China 1.08
Iron ore (62%) CFR China 1.24
Rebar FOB Turkey -0.83
Scrap HMS I/II 80:20 CFR Turkey -2.96
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -1.8
Turkish Scrap Index -1.91
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index -3.29
Click to see full list
USA Scrap Export January - July 2024 / mton
Turkey 2,141,771
Mexico 1,162,207
Bangladesh 910,754
India 644,745
Taiwan 621,772
Click to see full list

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