Two deep sea scrap deals in Turkey push prices up to $275/mt

Two deep sea scrap deals have been disclosed to the market today, July 29, one from western Europe and one from the Baltic region.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 4.22
Scrap HMS I/II 80:20, CFR Turkey, $/mt 3.27
Billet FOB CIS, $/mt 1.96
Rebar FOB Turkey, $/mt 0
HRC FOB China, $/mt 2.07
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China 2.3
Rebar FOB Turkey 0.57
Scrap HMS I/II 80:20 CFR Turkey 3.37
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  Weekly Change (%)
Turkish Rebar Index 1.44
Turkish Scrap Index 2.22
Black Sea HRC Export Index 4.52
US (East Coast) HMS I/II scrap export index 2.61
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