Downtrend persists in import scrap markets in all major Far Eastern countries

Import scrap prices have posted a decline in the Far East, which has been fixed in deals in Taiwan, South Korea and partly in Vietnam this week.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 5.67
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt 0.6
HRC FOB China, $/mt 2.25
Wire Rod FOB China, $/mt 1.09
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Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China 5.27
Rebar FOB Turkey 0.6
Scrap HMS I/II 80:20 CFR Turkey 0.38
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.55
Turkish Scrap Index 0.4
Black Sea HRC Export Index 1.15
US (East Coast) HMS I/II scrap export index 0.43
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USA Scrap Export January - May 2019 / mton
Turkey 1,368,298
Canada 724,162
Taiwan 705,863
South Korea 616,019
Mexico 558,141
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