Ex-Asia billet prices down again as weak demand in China keeps exerting strong pressure

Chinese billet exporters have lowered their billet offer prices again early this week as demand in the local market in China is ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -2.74
Scrap - HMS I/II 80:20, CFR Turkey, $/mt 0
Billet - FOB ex-Russia, $/mt 0
Rebar - FOB Turkey, $/mt -0.91
HRC - FOB China, $/mt 0
Wire Rod - FOB China, $/mt 0
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Product Weekly Change (%)
Billets CFR Turkey 0
Billets FOB Black Sea -
Rebar FOB Turkey -0.45
Scrap HMS I/II 80:20 CFR Turkey 0
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  Weekly Change (%)
Turkish Rebar Index -0.59
Turkish Scrap Index 0.01
China rebar export index 0
China wire rod domestic market index -1.64
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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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