Turkey’s local and export hollow section prices rise, but outlook uncertain

Given the recent increase in the Turkish hot rolled coil (HRC) market as a result of the surge in Chinese HRC prices, Turkish ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 7.01
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 4.83
Billet - FOB ex-Russia, $/mt 2.16
Rebar - FOB Turkey, $/mt 1.69
HRC - FOB China, $/mt 12.17
Wire Rod - FOB China, $/mt 5.1
Click to see all prices
Product Weekly Change (%)
HRC FOB CIS n/a
HRC imports CFR Turkey 4.57
Iron ore (62%) CFR China 7.01
Welded Pipes FOB China 5.21
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  Weekly Change (%)
Turkish HRC Index 2
China HRC export index 2.16
Black Sea HRC Export Index -0.75
Turkish HDG Index 0.64
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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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