CISA: Finished steel prices in China to indicate limited fluctuations

It is expected that finished steel prices in China will fluctuate within a limited range in the coming period.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 2.98
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt -0.87
Wire Rod FOB China, $/mt 0.84
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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 1,523,247
Mexico 925,885
Taiwan 832,899
India 557,858
China 448,007
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