Egyptian court suspends safeguard duty on billet and rebar imports

An Egyptian administrative court has suspended the country’s preliminary safeguard duty on billet and rebar imports, according to reports.

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Iron Ore 62% Fe, CFR China, $/mt -0.56
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Billet FOB CIS, $/mt -1.83
Rebar FOB Turkey, $/mt -1.1
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Product Weekly Change (%)
HRC SS400 FOB China 0
Iron ore (62%) CFR China -0.56
Rebar FOB Turkey -1.1
Scrap HMS I/II 80:20 CFR Turkey -2.21
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  Weekly Change (%)
Turkish Rebar Index 0.26
Turkish Scrap Index -1.63
China HRC export index -1.01
US (East Coast) HMS I/II scrap export index 0
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