Global View on Scrap: Turkish market shows no recovery signs, Asia softens further

Having been under pressure for weeks now, Turkey’s import scrap market learned  earlier this week ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 0.26
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 3.38
Billet - FOB ex-Russia, $/mt 0.58
Rebar - FOB Turkey, $/mt 0.46
HRC - FOB China, $/mt -0.53
Wire Rod - FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China -1.17
Iron ore (62%) CFR China -1.06
Rebar FOB Turkey 0
Scrap HMS I/II 80:20 CFR Turkey 2.04
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -2.01
Turkish Scrap Index -0.67
US (East Coast) HMS I/II scrap export index 1.18
Click to see full list
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
Click to see full list

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