South Korea buys Russian A3 scrap, POSCO bids for Japanese scrap

The rumor of high tonnages of Russian A3 grade scrap bought by some South Korean producers has been circulating in the market for ...

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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
Click to see all prices
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
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
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