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Billet trade quiet in Turkey amid weak rebar and scrap outlook, prices soft

Trading activity in Turkey’s billet market is at a standstill with both buyers and sellers being reluctant to spur trade. Local ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -1
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -1.17
Billet - FOB ex-Russia, $/mt -2.09
Rebar - FOB Turkey, $/mt -1.71
HRC - FOB China, big mills, $/mt -1.18
Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
Billet FOB Black Sea -
Billets CFR Turkey -2.13
Rebar FOB Turkey -0.85
Scrap HMS I/II 80:20 CFR Turkey -1.3
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  Weekly Change (%)
Turkish Rebar Index -1.01
Turkish Scrap Index -1.4
China rebar export index -1.01
China wire rod domestic market index -1.53
Click to see full list
USA Scrap Export January - July 2026 / mton
Turkey 2,750,439
Bangladesh 1,187,224
India 893,834
Mexico 858,684
Taiwan 754,773
Click to see full list