Local Chinese scrap prices fluctuate within limited range

Average scrap prices in the Chinese domestic market have moved sideways compared to June 26 as futures prices have rebounded, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 3.86
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.06
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0.49
Click to see all prices
Product Weekly Change (%)
Billets FOB China 1.59
Iron ore (62%) CFR China 1.34
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 0.91
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.9
Turkish Scrap Index 0.55
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index 0.83
Click to see full list
USA Scrap Export January - March 2024 / mton
Turkey 933,911
Mexico 653,331
Bangladesh 387,888
Taiwan 319,054
India 222,350
Click to see full list

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