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Kallanish Steel Weekly: Pig iron resists lower bids, but prices yet to recover

Kallanish Steel Weekly: Pig iron resists lower bids, but prices yet to recover (Aug. 30, 2022)

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In this week's issue: Pig iron resists lower bids, but prices yet to recover

  • Page 3: What is happening to the Chinese scrap market?
  • Page 4: Will the increased bulk scrap bookings limit the scope of containerised scrap imports in India?
  • Page 5: Will the EU steel sector perform better than expected in H2?
  • Page 6: Has sentiment changed in the US scrap market?
  • Page 7: Will buyers accept higher Turkish rebar export prices?
  • Page 9: What will be the effect of decarbonization on steel demand?

Latest prices

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Rebar / Turkey FOB USD/t 0.0%
Shredded Scrap / Turkey / CFR USD/t 0.0%
HMS 1&2 80:20 / Turkey CFR USD/t 0.0%
Rebar / US Midwest Ex-Works USD/s.ton 0.0%
HRC / GCC / CFR USD/t 1.0%
KORE 62% Fe / Qingdao CFR USD/t -0.25%
Plate / N Europe Ex-Works EUR/t -1.0%
Billet / Tangshan Ex-Works CNY/t 0.0%
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More Global Prices

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Heavy Scrap / China / CNY/t -0.0%
Billet / CIS-Black Sea FOB USD/t 0.0%
Steel Plate / China Delivered Basis CNY/t -0.0%
KORE 65% Fe / Qingdao CFR USD/t 1.43%
KORE 58% Fe / Qingdao CFR USD/t -0.68%
SGX 65% Fe Futures - one month forward -0.2%
SGX 62% Fe Futures - current month -0.07%
SGX 62% Fe Futures - 1 month forward -0.65%
SGX M58% Futures - two months forward -0.59%
SGX 65% Fe Futures - current month 0.09%
SGX M58% Futures - one month forward -0.74%
SGX 65% Fe Futures - two months forward -0.19%
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