March Ohio Valley scrap prices settle $20-30/gt higher amid low inventory and as tariff concerns continue

March US scrap prices in the Ohio Valley settled up $20-30/gt versus February values amid reports of continued low inventory and ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 2.97
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 1.49
Billet - FOB ex-Russia, $/mt 1.14
Rebar - FOB Turkey, $/mt 0.88
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt -0.53
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Product Weekly Change (%)
Billets FOB China 0.57
Iron ore (62%) CFR China 2.97
Rebar FOB Turkey 0.88
Scrap HMS I/II 80:20 CFR Turkey -1.46
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 1.44
Turkish Scrap Index 0.61
US (East Coast) HMS I/II scrap export index 0.76
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USA Scrap Export January - November 2024 / mton
Turkey 4,253,753
Mexico 2,121,228
Bangladesh 1,789,701
India 1,283,107
Taiwan 1,139,252
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