All quiet in Turkey’s import scrap market, expectations mainly downward

The import scrap market in Turkey has been quiet after the ex-UK HMS I/II 80:20 deal closed at $277/mt CFR deal in the middle of the week.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 3.17
Scrap HMS I/II 80:20, CFR Turkey, $/mt 1.28
Billet FOB CIS, $/mt 1.28
Rebar FOB Turkey, $/mt 1.15
HRC FOB China, $/mt -2.15
Wire Rod FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China -2.35
Iron ore (62%) CFR China 3.17
Rebar FOB Turkey 1.15
Scrap HMS I/II 80:20 CFR Turkey 1.46
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 4.6
Turkish Scrap Index 4.11
Black Sea HRC Export Index -2.14
US (East Coast) HMS I/II scrap export index 7.93
Click to see full list
USA Scrap Export January - September 2019 / mton
Turkey 2,706,290
Canada 1,503,585
Taiwan 1,308,577
Vietnam 1,107,996
Mexico 1,065,042
Click to see full list

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