Local scrap prices in China inch up supported by slight improvement in steel market

Average scrap prices in the Chinese domestic market have edged up compared to the prices recorded on October 23 as the steel ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.52
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -0.55
Billet - FOB ex-Russia, $/mt -2.09
Rebar - FOB Turkey, $/mt -1.64
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0.51
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Product Weekly Change (%)
Billets FOB China 0.54
Iron ore (62%) CFR China 0
Rebar FOB Turkey -1.63
Scrap HMS I/II 80:20 CFR Turkey -2.96
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -1.8
Turkish Scrap Index -1.91
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index -3.29
Click to see full list
USA Scrap Export January - June 2024 / mton
Turkey 2,141,771
Mexico 1,162,207
Bangladesh 910,754
India 644,745
Taiwan 621,772
Click to see full list

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