Demand still weak in local Turkish HRC market

Over the past week, demand received by domestic producers in the local Turkish hot rolled coil (HRC) market has remained weak

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 2.75
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt -2.09
Rebar FOB Turkey, $/mt -0.98
HRC FOB China, $/mt -0.87
Wire Rod FOB China, $/mt 1.69
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Product Weekly Change (%)
HDG FOB China -0.73
HRC FOB Turkey -1.74
Iron ore (62%) CFR China 1.52
Scrap HMS I/II 80:20 CFR Turkey 0.92
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  Weekly Change (%)
Turkish Scrap Index 0.23
China HRC export index -1.74
China CRC export index 0
Turkish HDG Index 0
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USA Scrap Export January - March 2018 / mton
Turkey 979,468
Mexico 475,304
Taiwan 441,866
China 262,011
India 258,004
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