Tradable level for slabs in Asia falls as sentiments in HRC market still weak

The tradable value for slabs in the Asian market has fallen further despite suppliers’ resistance to giving big discounts.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -0.13
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Product Weekly Change (%)
HDG FOB China 0
HRC FOB Turkey -3.37
Iron ore (62%) CFR China -2.47
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  Weekly Change (%)
Turkish Scrap Index -0.76
China HRC export index -1.18
China CRC export index 0
Turkish HDG Index -6.35
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USA Scrap Export January - October 2019 / mton
Turkey 3,041,971
Canada 1,564,227
Taiwan 1,492,587
Mexico 1,255,285
Vietnam 1,184,273
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