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Negative sentiment persists in Turkey’s import scrap market

As market sources return to the market after Turkey’s Democracy Day holiday on July 15, new rumors of deep sea scrap deals are ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 1.65
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -0.94
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt 0
HRC - FOB China, big mills, $/mt 0
Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
Billets FOB China -0.54
Iron ore (62%) CFR China 0.6
Rebar FOB Turkey -0.87
Scrap HMS I/II 80:20 CFR Turkey -0.94
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  Weekly Change (%)
Turkish Rebar Index -0.68
Turkish Scrap Index -1.82
US (East Coast) HMS I/II scrap export index -2.83
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