Global View on Scrap: Turkey’s prices recover sharply, Asia still struggles amid weak steel demand

Turkey ’s import scrap  market may have hit the bottom as of December 11 , with the new deals surfacing in the ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -1.65
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 2.52
Billet - FOB ex-Russia, $/mt 1.14
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt -1.51
Wire Rod - FOB China, $/mt 1.04
Click to see all prices
Product Weekly Change (%)
Billets FOB China 1.11
Iron ore (62%) CFR China 0.53
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 2.52
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -1.07
Turkish Scrap Index -2.33
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index -4.86
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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