Chinese domestic stainless steel market moves on stable trend

China’s domestic stainless steel market has moved on a stable trend during the past seven days.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 4.24
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0.62
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt -0.5
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Wire Rod FOB China, $/mt -0.41
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Product Weekly Change (%)
HDG FOB China -1.47
HRC FOB Turkey 0
Iron ore (62%) CFR China 2.28
Scrap HMS I/II 80:20 CFR Turkey -0.23
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  Weekly Change (%)
Turkish Scrap Index 0.44
China HRC export index 0
China CRC export index -1.56
Turkish HDG Index -1.39
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USA Scrap Export January - May 2018 / mton
Turkey 1,523,247
Mexico 925,885
Taiwan 832,899
India 557,858
China 448,007
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