Emirati buyers still delay import HRC purchases despite downward swing in offers

This week, Emirati purchasers, who have been seeing slow end-user demand in their local market and expect additional price ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -2.43
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt -0.58
Rebar - FOB Turkey, $/mt -0.91
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
HDG FOB China -0.43
HRC FOB Turkey -0.93
Iron ore (62%) CFR China -0.47
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Scrap Index 0.01
China HRC export index 1.1
China CRC export index 0
Turkish HDG Index 0
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USA Scrap Export January - December 2024 / mton
Turkey 4,437,701
Mexico 2,276,685
Bangladesh 1,846,060
India 1,397,322
Taiwan 1,213,785
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