Скачать с ютуб Week 47 - 2024: Turkey buy multiple cargoes at lower prices, Chinese market stable в хорошем качестве

Week 47 - 2024: Turkey buy multiple cargoes at lower prices, Chinese market stable

Chinese futures remained stable over a week ,Iron ore was up by 3% ⬆️ HRC offers remained stable last week as well as billets Iron ore price rebounded to 1.5 months high of $105.5/mt CFR, ⬆️ up by $5.5/mt w-o-w. ⁠Coking coal price at $208/mt remained stable. Vietnam/ Japan / Taiwan: Japanese scrap and finished remained under pressure alike. Taiwan: Prices for imported scrap in Taiwan softened this week due to depresed rebar sales. HMS(80:20)-US offers around $305-310/mt CFR Taiwan Turkey: HMS(USA) equivalent would be at $338-340/mt cfr down by $14/mt from last week. HMS Europe booked at $333/mt and Shredded/Bonus was at $357/mt Rebar FOB price is $565-370/mt FOB dropped by $5-10/mt. Turkiye’s HRC segment has no relief at the end of November, facing weak demand, aggressive imports, declining raw material prices, and sluggish trading The import rebar market in Lebanon remains under pressure too due to strikes Russian/ CIS / Iran: Iranian Billet is $455/mt FOB down by $5/mt. Black sea billet suppliers offers at $460-465 /mt FOB Black Sea slightly down from last week . Europe: Italian mills increased prices of Flat products, due to non-profitability in existing prices. German rebar prices increased by Euro30/mt last week, although scrap prices remain under pressure due to lower dock prices November ends with another price cut in Benelux scrap quotes roughly $337/mt for HMS 80:20 United States: Trump threats BRICS countries for their efforts to adapt new payment mechanisms. US based recyclers are mostly tight on pricing but couple of cargoes heard sold at lower prices December pricing heard to be side ways to upward for domestic dealings India • Local steel demand remained weak Europe shredded scrap was offered at $385-390/mt down by $5/mt, while the HMS was offered at $360-370/mt cfr Approx 5-6 Bulk cargoes were booked in India in last 30 days, containers market remain under pressure Pakistan: Shredded from UK/Europe was offered at $388-395/mt cfr mainly down by $5 ⬇️. Some deals were concluded at $385-390/mt, some bids started to come as low as $380 but strong resistance felt from sellers by weekend Commercial Bala remained under pressure throughout the week. Rebar prices are stable and slow sales continue in slow season. Some activity might be witnessed this week Riots and strikes ended in last week, bringing the normal activity back but it's expected that the law and order situation may remain compromised as new calls for strikes being announced