US rebar mills quietly push up prices

Although the proposed 25 percent tariff on steel imports has not been officially signed into law yet, sources tell SteelOrbis...

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 6.35
Scrap HMS I/II 80:20, CFR Turkey, $/mt -2.22
Billet FOB CIS, $/mt -4.6
Rebar FOB Turkey, $/mt -1.05
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 1.02
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Product Weekly Change (%)
Billets CFR Turkey -4.4
Billets FOB Black Sea -4.6
Rebar FOB Turkey -1.05
Scrap HMS I/II 80:20 CFR Turkey -1.77
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  Weekly Change (%)
Turkish Rebar Index -0.12
Turkish Scrap Index -2.85
China rebar export index 1.6
China wire rod domestic market index -1.28
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USA Scrap Export January - July 2018 / mton
Turkey 2,037,452
Mexico 1,232,043
Taiwan 1,109,412
Canada 701,790
India 664,246
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