Local Chinese steel section prices fall further amid low demand, soft billet prices

Chinese domestic steel section prices have continued their downward trend during the past week. As for billet, prices of the ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -2.58
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.06
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 0.86
HRC - FOB China, $/mt -1.43
Wire Rod - FOB China, $/mt -0.49
Click to see all prices
Product Weekly Change (%)
Billets CFR Turkey -1.26
Billets FOB Black Sea n/a
Rebar FOB Turkey 0.86
Scrap HMS I/II 80:20 CFR Turkey 0.13
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.02
Turkish Scrap Index 0.55
China rebar export index -0.48
China wire rod domestic market index -0.07
Click to see full list
USA Scrap Export January - March 2024 / mton
Turkey 933,911
Mexico 653,331
Bangladesh 387,888
Taiwan 319,054
India 222,350
Click to see full list

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