Welded pipe prices fall once again in Turkey

Turkish mills have found themselves unable to keep their welded pipe offer prices stable.

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Product Weekly Change (%)
Iron Ore 62% Fe, CFR China, $/mt 0.36
Scrap HMS I/II 80:20, CFR Turkey, $/mt 16.18
Billet FOB CIS, $/mt 0.75
Rebar FOB Turkey, $/mt 5.88
HRC FOB China, $/mt -0.6
Wire Rod FOB China, $/mt -3.83
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Product Weekly Change (%)
HRC FOB CIS -12.79
HRC imports CFR Turkey -12.22
Iron ore (62%) CFR China -2.47
Welded Pipes FOB China 0
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  Weekly Change (%)
Turkish HRC Index -6.72
China HRC export index -1.18
Black Sea HRC Export Index -12.68
Turkish HDG Index -6.35
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USA Scrap Export January - October 2019 / mton
Turkey 3,041,971
Canada 1,564,227
Taiwan 1,492,587
Mexico 1,255,285
Vietnam 1,184,273
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