Taiwan’s import scrap market falls sharply in line with global scrap and billet prices

Following the decline recorded in the international scrap market, Taiwanese sources report that scrap offers from the US and ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.24
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
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 -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 - July 2024 / mton
Turkey 2,551,083
Mexico 1,338,092
Bangladesh 1,040,581
India 764,040
Taiwan 732,465
Click to see full list

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