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Local Chinese scrap prices edge up minimally, outlook cautiously positive

Average scrap prices in the Chinese domestic market have seen slight rises compared to the prices recorded on September 17, ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.16
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0.14
Billet - FOB ex-Russia, $/mt -0.34
Rebar - FOB Turkey, $/mt 0.9
HRC - FOB China, big mills, $/mt 0.53
Wire Rod - FOB China, $/mt -0.54
Click to see all prices
Product Weekly Change (%)
Billets FOB China 0.59
Iron ore (62%) CFR China -0.51
Rebar FOB Turkey 0.9
Scrap HMS I/II 80:20 CFR Turkey 0
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.84
Turkish Scrap Index 3.05
US (East Coast) HMS I/II scrap export index 1.29
Click to see full list
USA Scrap Export January - November 2025 / mton
Turkey 2,451,819
Bangladesh 1,087,269
India 822,095
Mexico 791,928
Taiwan 681,444
Click to see full list