Local Italian scrap prices fall during summer holidays, negative outlook for September

In August, local scrap prices in Italy lost an average of €20-25/mt. According to sources, prices were dragged down by the ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 3.65
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -2.94
Billet - FOB ex-Russia, $/mt -1.63
Rebar - FOB Turkey, $/mt -0.86
HRC - FOB China, $/mt -1.49
Wire Rod - FOB China, $/mt -1.03
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Product Weekly Change (%)
Billets FOB China -4.79
Iron ore (62%) CFR China -5.98
Rebar FOB Turkey -2.1
Scrap HMS I/II 80:20 CFR Turkey -1.93
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -2.04
Turkish Scrap Index 0.38
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index 0.89
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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
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