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2022-12-31T08:10:19+03:30‎Iron ore‎
Weekly report on steel markets released‎
‎ in the past week, the average price of purity iron ore dropped 62 percent of imports in China, as the market is on hold as the coronavirus rate in China increases. The average price went from $113 to $111.65 per ton CFR. ‎

The Chinese market needs to adopt more protection policies to stabilize its economy. There is still room to influence policy measures, and if the Chinese government does well now, it will help stabilize growth next year.

At the same time, buying companies is constantly affected by the high number of coronavirus cases. In addition, health experts predicted that half of Shanghai's population would be infected, while china's entire country would suffer from three more coronavirus highs by early March.

Scrap

Last week in the scrap import market in Turkey, the average price of heavy scrap 80-20 was relatively stable at about $387 per ton CFR.

Japan's Heavy Export Scrap Class 2 also climbed to $16, reaching $378 a tonne fob. The average price of heavy imported scrap in East Asia was also $5 cheaper and $400 per ton CFR was recorded.

Billet

Last week, the last average price of CIS export billets was up to $12 cheaper and $510 a tonne was the Black Sea fob. In the Chinese import market, Billet dropped from $482 a week ago to $480 a tonne CFR. On the other hand, in china's domestic market, the average price of billet last week dropped from $546 to $534 a tonne at the factory door.

In the South East Asian import market, the price of billets went from $550 to $561 to $563 per ton CFR. Iran's export billet also went from $455 to $470.5 a tonne fob.

Sections

Last week in China, the average price of export rebar reportedly fell from $565 to $593 a tonne fob. In the Chinese domestic market on the Shanghai Stock Exchange, the rebar contract was also reduced from $581 to $573 a tonne.

Turkey's export rebar dropped to $4, reaching $659 a tonne fob.

In the domestic market of the United States, rebar was stable at $945 per tonne of factory doors, and in the European domestic market, rebar dropped 5 euros and 745 euros per tonne of factory doors were registered.

paper

Last week, cis hot sheet exports went from $570 to $588 a tonne of Black Sea fob. The average price of China's export hot sheet also went from $588 to $600 to $587 to $597 per ton fob. The imported hot sheet in Southeast Asia went up $10 and $610 per ton CFR was registered.

In the European domestic market, the hot sheet grew by 15 euros and 680 euros per tonne of factory doors were heard. In the U.S. domestic market, the hot sheet was $700 per tonne of factory doors, which improved by $10.

Also, the export slabs of CIS went up to $10 and $455 a tonne of fob was heard.


 
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