US OCTG market still stable

The US domestic OCTG market is expected to resume to normal now that the year-end holidays have come to a close.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 0.7
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt -0.55
Rebar FOB Turkey, $/mt -0.51
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 0.93
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Product Weekly Change (%)
HRC FOB CIS -2.86
HRC imports CFR Turkey -0.93
Iron ore (62%) CFR China -1.51
Welded Pipes FOB China 0
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  Weekly Change (%)
Turkish HRC Index -0.35
China HRC export index 0.92
Black Sea HRC Export Index -2.86
Turkish HDG Index -2.67
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USA Scrap Export January - November 2018 / mton
Turkey 3,226,222
Taiwan 1,780,739
Mexico 1,729,572
Canada 1,305,613
Vietnam 980,223
Click to see full list