CIS-based mills hike their steel slab export offers

CIS-based steel slab suppliers have started the year with a significant price increase for exports.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 3.13
Scrap HMS I/II 80:20, CFR Turkey, $/mt -15.68
Billet FOB CIS, $/mt -3.55
Rebar FOB Turkey, $/mt -7.83
HRC FOB China, $/mt -4.49
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
HDG FOB China -4.41
HRC FOB Turkey -8.25
Iron ore (62%) CFR China -1.51
Scrap HMS I/II 80:20 CFR Turkey -14.05
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  Weekly Change (%)
Turkish Scrap Index -14.39
China HRC export index -6.59
China CRC export index -7.21
Turkish HDG Index 0
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USA Scrap Export January - September 2019 / mton
Turkey 2,706,290
Canada 1,503,585
Taiwan 1,308,577
Vietnam 1,107,996
Mexico 1,065,042
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