Chinese domestic steel section prices continue to decrease

Chinese domestic steel section prices have declined during the past week. Overall trading activity has been at a low level.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 1.14
Scrap HMS I/II 80:20, CFR Turkey, $/mt 6.63
Billet FOB CIS, $/mt 1.92
Rebar FOB Turkey, $/mt 2.37
HRC FOB China, $/mt 1.08
Wire Rod FOB China, $/mt 2.15
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Product Weekly Change (%)
Billets CFR Turkey 1.52
Billets FOB Black Sea 1.27
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 2.68
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  Weekly Change (%)
Turkish Rebar Index 1.05
Turkish Scrap Index 1.96
China rebar export index 0
China wire rod domestic market index 3.38
Click to see full list
USA Scrap Export January - May 2019 / mton
Turkey 1,368,298
Canada 724,162
Taiwan 705,863
South Korea 616,019
Mexico 558,141
Click to see full list

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