CISA: Finished steel prices in China to see a fluctuating trend

Finished steel prices in China are likely to move on a fluctuating trend in the coming period.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 4.57
Scrap HMS I/II 80:20, CFR Turkey, $/mt -3.41
Billet FOB CIS, $/mt -4.6
Rebar FOB Turkey, $/mt -2.11
HRC FOB China, $/mt 2.04
Wire Rod FOB China, $/mt 2.08
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Product Weekly Change (%)
HRC SS400 FOB China 0
Iron ore (62%) CFR China 2.33
Rebar FOB Turkey -1.05
Scrap HMS I/II 80:20 CFR Turkey -1.77
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  Weekly Change (%)
Turkish Rebar Index -1.78
Turkish Scrap Index -2.72
China HRC export index 0
US (East Coast) HMS I/II scrap export index -3.91
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USA Scrap Export January - July 2018 / mton
Turkey 2,037,452
Mexico 1,232,043
Taiwan 1,109,412
Canada 701,790
India 664,246
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