Tokyo Steel further raises its local scrap purchase prices

Tokyo Steel has announced further a local scrap purchase price increase of JPY 500/mt ($4.6/mt) for all its assets.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 6.43
Scrap HMS I/II 80:20, CFR Turkey, $/mt 6.57
Billet FOB CIS, $/mt 3.03
Rebar FOB Turkey, $/mt 3.47
HRC FOB China, $/mt 1.06
Wire Rod FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China 6.43
Rebar FOB Turkey 3.47
Scrap HMS I/II 80:20 CFR Turkey 5.04
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index 2.86
Turkish Scrap Index 4.11
Black Sea HRC Export Index 8.54
US (East Coast) HMS I/II scrap export index 6.7
Click to see full list
USA Scrap Export January - May 2019 / mton
Turkey 1,368,298
Canada 724,162
Taiwan 705,863
South Korea 616,019
Mexico 558,141
Click to see full list

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