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Turkey again cuts local and export HRC prices amid thin demand, lower scrap prices

HRC producers in Turkey have not managed to avoid another round of discounts, being under pressure from low import scrap ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.56
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt -0.87
HRC - FOB China, big mills, $/mt 0.4
Wire Rod - FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
HDG FOB China -2.45
HRC FOB Turkey -1.67
Iron ore (62%) CFR China 0.6
Scrap HMS I/II 80:20 CFR Turkey -2.11
Click to see all prices
  Weekly Change (%)
Turkish Scrap Index -1.29
China HRC export index -1.38
China CRC export index -0.84
Turkish HDG Index -0.93
Click to see full list