India retaliates with higher customs duties on 28 US products

The Indian government has increased customs duty on 28 US products including certain iron and steel products.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 4.7
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0.38
Billet FOB CIS, $/mt 0.67
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt 0.56
Wire Rod FOB China, $/mt 2.2
Click to see all prices
Product Weekly Change (%)
HRC SS400 FOB China 1.82
Iron ore (62%) CFR China 5.27
Rebar FOB Turkey 0.6
Scrap HMS I/II 80:20 CFR Turkey 0.38
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  Weekly Change (%)
Turkish Rebar Index -0.55
Turkish Scrap Index 0.4
China HRC export index 1.83
US (East Coast) HMS I/II scrap export index 0.43
Click to see full list
USA Scrap Export January - May 2019 / mton
Turkey 1,368,298
Canada 724,162
Taiwan 705,863
South Korea 616,019
Mexico 558,141
Click to see full list