Prices increase further in local Turkish HDG market

Over the past week, prices in the local Turkish hot dip galvanized coil (HDG) market have continued their upward movement.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 3.04
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 3.3
Rebar FOB Turkey, $/mt 3.03
HRC FOB China, $/mt 7.07
Wire Rod FOB China, $/mt 6.7
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Product Weekly Change (%)
HDG FOB China 5.45
HRC FOB Turkey 3.85
Iron ore (62%) CFR China 3.99
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Scrap Index 6.03
China HRC export index 0
China CRC export index 0
Turkish HDG Index 1.51
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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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