Average HRB 400 rebar price in China down 0.5 percent in early Sept

In early September, the average price in China of 16-25 mm HRB 400 rebar was RMB 4,490.1/mt ($657.4/mt), down 0.5% from late August.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 1.13
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt -2.09
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt -0.87
Wire Rod FOB China, $/mt 1.26
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Product Weekly Change (%)
HRC SS400 FOB China -1.74
Iron ore (62%) CFR China 1.52
Rebar FOB Turkey -0.98
Scrap HMS I/II 80:20 CFR Turkey 0.92
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  Weekly Change (%)
Turkish Rebar Index -2.14
Turkish Scrap Index 0.23
China HRC export index -1.74
US (East Coast) HMS I/II scrap export index 1.31
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USA Scrap Export January - May 2018 / mton
Turkey 979,468
Mexico 475,304
Taiwan 441,866
China 262,011
India 258,004
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