Indian iron ore imports continue surge through first five months of 2018

According to customs data, Indian iron ore imports have surged in the first five months of 2018 compared to the previous year.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 3.04
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 3.3
Rebar FOB Turkey, $/mt 3.03
HRC FOB China, $/mt 7.07
Wire Rod FOB China, $/mt 6.7
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Product Weekly Change (%)
HRC SS400 FOB China 7.07
Iron ore (62%) CFR China 3.99
Rebar FOB Turkey 3.03
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Rebar Index 5.91
Turkish Scrap Index 6.03
China HRC export index 0
US (East Coast) HMS I/II scrap export index 8.94
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USA Scrap Export January - September 2018 / mton
Turkey 2,688,836
Mexico 1,477,248
Taiwan 1,423,740
Canada 934,402
India 771,974
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