Weak demand in local Turkish welded pipe market

Over the past week, demand in the local Turkish welded pipe market has been weak.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 2.23
Scrap HMS I/II 80:20, CFR Turkey, $/mt 0
Billet FOB CIS, $/mt 0
Rebar FOB Turkey, $/mt -0.5
HRC FOB China, $/mt 0
Wire Rod FOB China, $/mt 0
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Product Weekly Change (%)
HRC FOB CIS 0
HRC imports CFR Turkey -0.93
Iron ore (62%) CFR China 2.28
Welded Pipes FOB China 0
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  Weekly Change (%)
Turkish HRC Index -2.42
China HRC export index -1.74
Black Sea HRC Export Index -1.85
Turkish HDG Index 0
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USA Scrap Export January - May 2018 / mton
Turkey 1,523,247
Mexico 925,885
Taiwan 832,899
India 557,858
China 448,007
Click to see full list