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Ex-Asia billet offers increase amid output cuts in China, but no rise in deal prices

Offer prices for ex-Asia billet have increased this week amid gains in Chinese futures over the past two days. But the ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.95
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 0.45
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Product Weekly Change (%)
Billets CFR Turkey 0
Billets FOB Black Sea -
Rebar FOB Turkey 0.45
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Rebar Index 0.84
Turkish Scrap Index 3.05
China rebar export index 0
China wire rod domestic market index -0.55
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USA Scrap Export January - November 2025 / mton
Turkey 2,128,660
Bangladesh 919,962
India 753,108
Mexico 709,223
Taiwan 595,765
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