US CRC prices continue to be bolstered by Section 232 uncertainty

US domestic cold rolled coil (CRC) prices have continued to firm in the past week, with spot market prices...

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 6.35
Scrap HMS I/II 80:20, CFR Turkey, $/mt -2.22
Billet FOB CIS, $/mt -4.6
Rebar FOB Turkey, $/mt -1.05
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 1.02
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Product Weekly Change (%)
HDG FOB China -2.63
HRC FOB Turkey -3.85
Iron ore (62%) CFR China 2.33
Scrap HMS I/II 80:20 CFR Turkey -1.77
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  Weekly Change (%)
Turkish Scrap Index -2.85
China HRC export index 0
China CRC export index 0
Turkish HDG Index 0
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USA Scrap Export January - July 2018 / mton
Turkey 2,037,452
Mexico 1,232,043
Taiwan 1,109,412
Canada 701,790
India 664,246
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