Local Chinese steel pipe prices decrease slightly

Local Chinese steel pipe prices have followed a slight downward trend during the past week.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt -7.61
Scrap HMS I/II 80:20, CFR Turkey, $/mt 2.91
Billet FOB CIS, $/mt 1.4
Rebar FOB Turkey, $/mt 1.23
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Wire Rod FOB China, $/mt -2.13
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Product Weekly Change (%)
HRC FOB CIS -3.25
HRC imports CFR Turkey -4.1
Iron ore (62%) CFR China -0.64
Welded Pipes FOB China 0
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  Weekly Change (%)
Turkish HRC Index -1.79
China HRC export index -2.22
Black Sea HRC Export Index -3.29
Turkish HDG Index 0
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USA Scrap Export January - May 2019 / mton
Turkey 1,368,298
Canada 724,162
Taiwan 705,863
South Korea 616,019
Mexico 558,141
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