Local Turkish PPGI market moves downwards

Over the past two weeks, demand in the local Turkish pre-painted galvanized iron (PPGI) market has remained slack.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 3.01
Scrap HMS I/II 80:20, CFR Turkey, $/mt 1.71
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt -2.02
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
HDG FOB China 0
HRC FOB Turkey 0
Iron ore (62%) CFR China 1.73
Scrap HMS I/II 80:20 CFR Turkey -0.54
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  Weekly Change (%)
Turkish Scrap Index -0.27
China HRC export index 1.02
China CRC export index 0.91
Turkish HDG Index -2.96
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USA Scrap Export January - September 2018 / mton
Turkey 2,688,836
Mexico 1,477,248
Taiwan 1,423,740
Canada 934,402
India 771,974
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