Iron ore prices in China inch up, though further increase unlikely

Import iron ore prices in China have been fluctuating in a limited range with a slight positive bias over the past week, though ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.07
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.56
Billet - FOB ex-Russia, $/mt -0.86
Rebar - FOB Turkey, $/mt -0.83
HRC - FOB China, $/mt 1.47
Wire Rod - FOB China, $/mt 0
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 -0.55
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.53
Turkish Scrap Index -0.39
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index -0.44
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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