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Chinese local scrap prices edge up slightly despite no improvement in steel tags

Average scrap prices in the Chinese domestic market have edged up slightly compared to the prices recorded on August 20, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 0.66
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt 0.81
Rebar - FOB Turkey, $/mt -0.46
HRC - FOB China, big mills, $/mt 1.06
Wire Rod - FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China 1.17
Iron ore (62%) CFR China 2.21
Rebar FOB Turkey -0.46
Scrap HMS I/II 80:20 CFR Turkey 0.72
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.28
Turkish Scrap Index 1.04
US (East Coast) HMS I/II scrap export index 0
Click to see full list
USA Scrap Export January - November 2025 / mton
Turkey 2,128,660
Bangladesh 919,962
India 753,108
Mexico 709,223
Taiwan 595,765
Click to see full list