4 September Market Update

Based on the latest Metal Expert report (week of September 2, 2025), the steel and raw materials market showed the following trends:

  • Iron Ore
    Imported iron ore in China (origin: Australia) increased by $0.5, reaching $101.75/ton on September 2.
  • Billet
    CIS billet (125–150 mm) remained unchanged at $437/ton.
  • Hot-Rolled Coil (HRC)
    Chinese HRC (3–12 mm thickness, FOB) stayed flat at $478/ton.
  • Scrap
    Imported HMS 80:20 scrap in Turkey (origin: USA) held steady at $345/ton.
  • Coking Coal
    Australian coking coal (FOB) remained unchanged at $189/ton.