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Buyers resist further rise in ex-Brazil BPI prices, cheaper Asian offers emerge in US and EU

Brazilian basic pig iron (BPI) export prices are unchanged this week and most sellers have not been eager to test new offers, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.61
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.27
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 1.38
HRC - FOB China, big mills, $/mt 0
Wire Rod - FOB China, $/mt 0.52
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Product Weekly Change (%)
Billets FOB China 0.56
Iron ore (62%) CFR China 3.02
Rebar FOB Turkey 1.38
Scrap HMS I/II 80:20 CFR Turkey -0.81
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  Weekly Change (%)
Turkish Rebar Index -0.63
Turkish Scrap Index -0.11
US (East Coast) HMS I/II scrap export index -0.3
Click to see full list
USA Scrap Export January - December 2025 / mton
Turkey 2,750,439
Bangladesh 1,187,224
India 893,834
Mexico 858,684
Taiwan 754,773
Click to see full list