Mood weakens in Turkish HRC market amid falling scrap prices, lower demand

The general market sentiment in the Turkish HRC has weakened during the past week under the influence of weaker demand. ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.88
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -7.01
Billet - FOB ex-Russia, $/mt -2.79
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 1.11
Click to see all prices
Product Weekly Change (%)
HDG FOB China 0.83
HRC FOB Turkey -0.43
Iron ore (62%) CFR China -0.1
Scrap HMS I/II 80:20 CFR Turkey -6.21
Click to see all prices
  Weekly Change (%)
Turkish Scrap Index -5.06
China HRC export index 0.54
China CRC export index 0
Turkish HDG Index -0.64
Click to see full list
USA Scrap Export January - December 2024 / mton
Turkey 4,437,701
Mexico 2,276,685
Bangladesh 1,846,060
India 1,397,322
Taiwan 1,213,785
Click to see full list

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