India’s RINL floats export tenders for billets, round bars

Indian government-run steel producer Rashtriya Ispat Nigam Limited (RINL) has opened an export tender for 20,000 mt of prime ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 0.48
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.29
Billet - FOB ex-Russia, $/mt -1.36
Rebar - FOB Turkey, $/mt -0.45
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Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
Billets CFR Turkey 0.53
Billets FOB Black Sea -
Rebar FOB Turkey 0.92
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Rebar Index 0.21
Turkish Scrap Index 1.06
China rebar export index -2.12
China wire rod domestic market index -1.46
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USA Scrap Export January - July 2025 / mton
Turkey 2,128,660
Bangladesh 919,962
India 753,108
Mexico 709,223
Taiwan 595,765
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