Ex-Russia BPI prices still at low level, more negotiations emerge despite better mood in scrap

Prices for ex-Russia basic pig iron (BPI) have remained at a low level this week and a few sellers have been in negotiations, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 0.65
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 2.08
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 1.83
HRC - FOB China, $/mt 2.15
Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
Billets FOB China 1.78
Iron ore (62%) CFR China 2.71
Rebar FOB Turkey 1.83
Scrap HMS I/II 80:20 CFR Turkey 3.38
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.58
Turkish Scrap Index -0.67
US (East Coast) HMS I/II scrap export index 1.18
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USA Scrap Export January - December 2024 / mton
Turkey 4,437,701
Mexico 2,276,685
Bangladesh 1,846,060
India 1,397,322
Taiwan 1,213,785
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