Will scrap prices fall?

The weakness of global demand for billet and rebar has been contributing to the sluggishness of Turkish mills’ export sales.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 0.86
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 1.17
Rebar FOB Turkey, $/mt -1.05
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
Billets FOB China 0
Iron ore (62%) CFR China 0.3
Rebar FOB Turkey -1.05
Scrap HMS I/II 80:20 CFR Turkey -1.18
Click to see all prices
  Weekly Change (%)
Turkish Rebar Index -0.69
Turkish Scrap Index -1.24
Black Sea HRC Export Index 3.21
US (East Coast) HMS I/II scrap export index 0
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