US pipe prices advance following Trump victory on anticipated import reductions

US pipe prices moved higher this week following Donald Trump’s successful presidential victory on Tuesday, November 5, as many ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.68
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -2.94
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt -0.86
HRC - FOB China, $/mt -1.49
Wire Rod - FOB China, $/mt -1.03
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Product Weekly Change (%)
HRC FOB CIS n/a
HRC imports CFR Turkey -2.04
Iron ore (62%) CFR China -5.98
Welded Pipes FOB China -3.88
Click to see all prices
  Weekly Change (%)
Turkish HRC Index -1.05
China HRC export index -2.41
Black Sea HRC Export Index -0.75
Turkish HDG Index -1.19
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
Click to see full list

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