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Iron ore in China edges down amid weak fundamentals, further big drop unlikely

Iron ore prices in China have edged down over the past week due to the slowdown in demand, high inventories and the lack of such ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -1.55
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 1.29
Billet - FOB ex-Russia, $/mt 0.57
Rebar - FOB Turkey, $/mt 0.89
HRC - FOB China, big mills, $/mt 0
Wire Rod - FOB China, $/mt -0.53
Click to see all prices
Product Weekly Change (%)
Billets FOB China 1.72
Iron ore (62%) CFR China 1.68
Rebar FOB Turkey 0.45
Scrap HMS I/II 80:20 CFR Turkey 1.1
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  Weekly Change (%)
Turkish Rebar Index 0.17
Turkish Scrap Index -0.1
US (East Coast) HMS I/II scrap export index 0
Click to see full list
USA Scrap Export January - December 2025 / mton
Turkey 2,750,439
Bangladesh 1,187,224
India 893,834
Mexico 858,684
Taiwan 754,773
Click to see full list