Graphite electrode prices in China soften more than expected in August

SteelOrbis recently reported on the downward trend in graphite electrode prices in China. According to the latest IC Carbon ...

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -2.38
Scrap HMS I/II 80:20, CFR Turkey, $/mt -0.44
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt -0.98
HRC FOB China, $/mt -7.34
Wire Rod FOB China, $/mt -8.11
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Product Weekly Change (%)
HRC SS400 FOB China -6.42
Iron ore (62%) CFR China 0.27
Rebar FOB Turkey -0.98
Scrap HMS I/II 80:20 CFR Turkey -0.44
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  Weekly Change (%)
Turkish Rebar Index -1.97
Turkish Scrap Index -0.86
China HRC export index -6.42
US (East Coast) HMS I/II scrap export index -0.47
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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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