Local Chinese steel scrap prices edge down in some regions

As of August 27, steel scrap prices in the Chinese domestic market have moved on a downtrend in some regions.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -2.41
Scrap HMS I/II 80:20, CFR Turkey, $/mt -3.82
Billet FOB CIS, $/mt -2.21
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China -2.41
Rebar FOB Turkey -1.12
Scrap HMS I/II 80:20 CFR Turkey 0
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 0.04
Turkish Scrap Index 0.16
Black Sea HRC Export Index -0.31
US (East Coast) HMS I/II scrap export index -4.71
Click to see full list
USA Scrap Export January - July 2019 / mton
Turkey 2,080,339
Canada 1,116,168
Taiwan 1,014,662
Mexico 785,701
South Korea 739,024
Click to see full list

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