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US domestic ferrous scrap market could trend soft sideways again in September

There are expectations in the US Midwest and South that the ferrous domestic scrap market could trend soft sideways across the board in September.

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt 0
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
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Rebar - FOB Turkey, $/mt 1.3
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Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China 0.94
Rebar FOB Turkey 0.44
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Rebar Index 0.63
Turkish Scrap Index -0.09
US (East Coast) HMS I/II scrap export index 0
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