9,432.55 TRY BIST 100 BIST 100
38.31 USD USD USD
5.29 CNY CNY CNY
43.49 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
47.29 TRY Interest Interest
67.27 USD Fossil Oil Fossil Oil
40.65 USD Silver Silver
4.88 USD Copper Copper
97.15 USD Iron Ore Iron Ore
325.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,070.18 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.

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