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USWC export scrap market remains bearish as bulk prices to docks fall

Bulk scrap prices to the US West Coast (USWC) docks fell by $10/gt in California on Wednesday following announcements made last week by exporters

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -1
Scrap - HMS I/II 80:20, CFR Turkey, $/mt -1.17
Billet - FOB ex-Russia, $/mt -2.09
Rebar - FOB Turkey, $/mt -1.71
HRC - FOB China, big mills, $/mt -1.18
Wire Rod - FOB China, $/mt 0
Click to see all prices
Product Weekly Change (%)
Billets FOB China -1.59
Iron ore (62%) CFR China -2.64
Rebar FOB Turkey -0.85
Scrap HMS I/II 80:20 CFR Turkey -1.3
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  Weekly Change (%)
Turkish Rebar Index -1.01
Turkish Scrap Index -1.4
US (East Coast) HMS I/II scrap export index -2.71
Click to see full list