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December US scrap still seen mostly sideways, though higher pricing a growing possibility

The December outlook for US scrap pricing remains sideways in weekly market discussions with most scrap buyers this week, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.02
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt -0.34
Rebar - FOB Turkey, $/mt 0.9
HRC - FOB China, big mills, $/mt 0.53
Wire Rod - FOB China, $/mt -0.54
Click to see all prices
Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China -0.51
Rebar FOB Turkey 0.45
Scrap HMS I/II 80:20 CFR Turkey 0
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.84
Turkish Scrap Index 3.05
US (East Coast) HMS I/II scrap export index 1.29
Click to see full list
USA Scrap Export January - November 2025 / mton
Bangladesh 1,084,774
India 656,544
Taiwan 651,177
Mexico 564,825
Vietnam 559,048
Click to see full list