China buys more than 100,000 mt of billet, but bids drop today

Chinese customers have been active in purchases of import billet recently and have bought more than 100,000 mt in less than two weeks.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 0.36
Scrap HMS I/II 80:20, CFR Turkey, $/mt 16.18
Billet FOB CIS, $/mt 0.75
Rebar FOB Turkey, $/mt 5.88
HRC FOB China, $/mt -0.6
Wire Rod FOB China, $/mt -3.83
Click to see all prices
Product Weekly Change (%)
Billets CFR Turkey -7.53
Billets FOB Black Sea -2.92
Rebar FOB Turkey -3.16
Scrap HMS I/II 80:20 CFR Turkey -1.9
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 1.9
Turkish Scrap Index -0.76
China rebar export index 0
China wire rod domestic market index -0.44
Click to see full list
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
Click to see full list

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