Unchanged situation in very delicately balanced local Italian scrap market

This week, the local Italian scrap market has remained essentially unchanged, with some mills starting from higher quotations ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -2.06
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt -0.54
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt 1.63
Wire Rod - FOB China, $/mt 1.08
Click to see all prices
Product Weekly Change (%)
Billets FOB China 5.33
Iron ore (62%) CFR China 1.21
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 0.41
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.36
Turkish Scrap Index 0.56
Black Sea HRC Export Index -0.75
US (East Coast) HMS I/II scrap export index -4.82
Click to see full list
USA Scrap Export January - May 2024 / mton
Turkey 1,784,072
Mexico 1,017,150
Bangladesh 673,419
Taiwan 534,354
India 494,666
Click to see full list

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