11,048.11 TRY BIST 100 BIST 100
41.31 USD USD USD
5.84 CNY CNY CNY
48.58 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
39.84 TRY Interest Interest
67.26 USD Fossil Oil Fossil Oil
56.16 USD Silver Silver
4.60 USD Copper Copper
106.61 USD Iron Ore Iron Ore
340.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,851.29 TRY Gold (gr) Gold (gr)

How did the global steel market progress?

Compared to last week, prices in the steel market decreased.

How did the global steel market progress?

Weekly price summary;

Black Sea FOB export logs fell from $535/t to $524-529/t last week.

In China's domestic market, billet prices were down by $489/t from $495/t ex-works, while imported billet were down by $440-445/t from $490/t CFR.

In Southeast Asia, billet prices in the import market increased from $520/t CFR to $535-540/t CFR.

With the exception of Italy and the UK, the average monthly electricity price in European countries was below €110/Mwh.

The most-traded iron ore quotations on the Dalian Commodity Exchange were unchanged at $100.84/t, unchanged from the previous week's level.

Hot rolled steel prices in Western Europe were €830-860/t, the same as last week. They also decreased by 2.4% or €20/t to €810-840/t in the Italian market.

Turkey HMS 1/2 scrap metal prices were down by 4.5% from last week to $375-385/t.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The amendment to the inward processing regime (IPR) will increase demand for domestically produced steel

Friday, September 19, 2025

EU begins anti-dumping investigation into CRF imports from India, Japan, Taiwan, Türkiye and Vietnam

Thursday, September 18, 2025

Guinea’s Simandou iron ore project reaches critical threshold

Saturday, September 20, 2025

Germany’s trade surplus with the United States at lowest level in five years

Saturday, September 20, 2025

KARDEMİR appoints new board chairman

Saturday, September 20, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now