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Halting of raw material and steel shipments in Black Sea/Azov Sea severely impacts ex-Russia supplies, Turkey starts feeling impacts

The Black Sea and Azov Sea have become a severely restricted area for commercial maritime operations following the intensified ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -3.64
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt -1.6
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, big mills, $/mt -2.49
Wire Rod - FOB China, $/mt -1.49
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Product Weekly Change (%)
Billets FOB China -1.09
Iron ore (62%) CFR China -2.13
Rebar FOB Turkey 0.44
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Rebar Index 0.07
Turkish Scrap Index 1.23
US (East Coast) HMS I/II scrap export index 1.25
Click to see full list