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Ex-Russia BPI sellers still under big pressure despite less cheap allocation

Russian basic pig iron (BPI) suppliers have remained under pressure as major customers have been insisting on prices not above ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.67
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt 0.81
Rebar - FOB Turkey, $/mt -0.46
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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
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  Weekly Change (%)
Turkish Rebar Index -0.37
Turkish Scrap Index 1.04
US (East Coast) HMS I/II scrap export index 0
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USA Scrap Export January - October 2025 / mton
Turkey 2,128,660
Bangladesh 919,962
India 753,108
Mexico 709,223
Taiwan 595,765
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