Ex-CIS billet prices fall further due to weak end-user demand, low traders’ bids

The tradable value for ex-CIS billet has declined further, based on weakening bids and slow demand from end-users in key sales destinations.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -4.16
Scrap HMS I/II 80:20, CFR Turkey, $/mt 1.84
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt 1.68
HRC FOB China, $/mt 1.44
Wire Rod FOB China, $/mt 0.97
Click to see all prices
Product Weekly Change (%)
Billets CFR Turkey 0.73
Billets FOB Black Sea 0
Rebar FOB Turkey 1.68
Scrap HMS I/II 80:20 CFR Turkey 1.68
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 1.31
Turkish Scrap Index 0.9
China rebar export index 0
China wire rod domestic market index -0.16
Click to see full list
USA Scrap Export January - May 2020 / mton
Turkey 1,552,734
Mexico 871,655
Malaysia 774,680
Taiwan 707,184
Bangladesh 602,535
Click to see full list

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