Fresh real estate stimuli in China result in huge surge in steel prices on last day before holiday

On Monday, September 30, the last day before the week-long holiday in China, the steel market has witnessed one of its sharpest ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -4.43
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 2.01
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 1.69
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
HRC SS400 FOB China 12.17
Iron ore (62%) CFR China 7.01
Rebar FOB Turkey 1.69
Scrap HMS I/II 80:20 CFR Turkey 4.83
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  Weekly Change (%)
Turkish Rebar Index 2.56
Turkish Scrap Index 3.07
China HRC export index 12.17
US (East Coast) HMS I/II scrap export index 4.94
Click to see full list
USA Scrap Export January - June 2024 / mton
Turkey 2,141,771
Mexico 1,162,207
Bangladesh 910,754
India 644,745
Taiwan 621,772
Click to see full list

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