Ex-CIS pig iron prices increase due to tightness of supplies

Over the past week, ex-CIS pig iron prices have increased by $10/mt to $335-340/mt FOB.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -2.76
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 1.35
Rebar FOB Turkey, $/mt 1.2
HRC FOB China, $/mt 1.14
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China -6.24
Rebar FOB Turkey 0.6
Scrap HMS I/II 80:20 CFR Turkey 0.97
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  Weekly Change (%)
Turkish Rebar Index 1.57
Turkish Scrap Index 0.98
Black Sea HRC Export Index 4.77
US (East Coast) HMS I/II scrap export index 1.1
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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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