Import scrap prices in India harden, but buyers retreat after rupee’s sharp depreciation

Import scrap prices in India have increased in the past week, with sellers submitting higher offers but local buyers led by ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -0.5
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt -0.34
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt 1.05
Wire Rod - FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China -0.5
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 0
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.66
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 - September 2024 / mton
Turkey 3,504,602
Mexico 1,697,578
Bangladesh 1,468,637
India 948,273
Taiwan 936,099
Click to see full list

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