Vietnam crude steel outlook and effect on imported scrap

According to research provided to SteelOrbis, the increases in crude steel production in Vietnam are also lifting ferrous scrap ...

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -1.06
Scrap HMS I/II 80:20, CFR Turkey, $/mt -0.44
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt -0.98
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Wire Rod FOB China, $/mt -3.91
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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 0.51
Turkish Scrap Index 1.32
China HRC export index 0
US (East Coast) HMS I/II scrap export index 0
Click to see full list
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
Click to see full list