MOC: Average long steel price in China declines last week, to improve this week

During last week (March 9-15) the overall average finished steel price in China edged down slightly on week-on-week basis.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -0.11
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0.1
Billet FOB CIS, $/mt -2.08
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt -0.57
Wire Rod FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
HRC SS400 FOB China 2.94
Iron ore (62%) CFR China 4.76
Rebar FOB Turkey 1.88
Scrap HMS I/II 80:20 CFR Turkey 2.36
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 2.56
Turkish Scrap Index 2
China HRC export index 2.94
US (East Coast) HMS I/II scrap export index 0.96
Click to see full list
USA Scrap Export January - December 2019 / mton
Turkey 3,915,625
Taiwan 1,881,751
Canada 1,725,713
Mexico 1,455,900
Vietnam 1,271,173
Click to see full list

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