Ex-Russia BPI trade still quiet, lower bids keep putting pressure on mood

Prices for ex-Russia basic pig iron (BPI) have been rather stable since early June, but persisting lower bids from major sales ...

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Product Weekly Change (%)
Iron Ore - 62% Fe, CFR China, $/mt -3.51
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 FOB China 0.6
Iron ore (62%) CFR China -0.47
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
US (East Coast) HMS I/II scrap export index -1.44
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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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