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 -6.89
Scrap HMS I/II 80:20, CFR Turkey, $/mt -4.79
Billet FOB CIS, $/mt -1.38
Rebar FOB Turkey, $/mt -1.19
HRC FOB China, $/mt -1.08
Wire Rod FOB China, $/mt -1.55
Click to see all prices
Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China -6.9
Rebar FOB Turkey -1.19
Scrap HMS I/II 80:20 CFR Turkey -4.98
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -1.61
Turkish Scrap Index -2
Black Sea HRC Export Index 0
US (East Coast) HMS I/II scrap export index -7.83
Click to see full list