Global steel markets recorded limited price fluctuations during the second week of December 2025, according to data obtained by the Arab Iron and Steel Union.
Prices of HS1&2 scrap (80:20 mix) imported into Turkey from the United States remained stable at USD 369 per ton CFR, reflecting a slight week-on-week increase of USD 1.
As for iron ore (62%), prices declined to USD 104 per ton CFR Australia, marking a USD 2 decrease compared with the previous week.
Billet prices showed variation depending on origin. Russian billet prices ranged between USD 432 and USD 442 per ton FOB, unchanged week on week. In contrast, Chinese billet prices recorded a notable weekly decline of USD 10, trading between USD 431 and USD 433 per ton FOB. In the Turkish market, billet imported from the Commonwealth of Independent States (CIS) remained stable at USD 455–460 per ton CFR.
Regarding rebar, prices in the Turkish market declined to USD 565–575 per ton FOB, posting a weekly drop of around USD 3, while rebar prices exported from the CIS remained stable at USD 495–510 per ton FOB with no significant change. Prices of Turkish wire rod also remained steady at USD 580–590 per ton FOB, unchanged from the previous week.
In the flat steel segment, Russian hot-rolled coil (HRC) prices stood at USD 415–420 per ton FOB, while Chinese cold-rolled coil (CRC) 1 mm prices remained stable at USD 515–525 per ton FOB.
The following is the steel prices statement in the global markets on 13 December 2025
Product | Place | Min$ | Max$ | Date | w-o-w | w-o-w |
Scrap HMS 1&2 (80:20) | ex-USA, CFR Turkey | 369 | 369 | 13/12/2025 |
| 1 |
Iron ore Fe 62% | CFR Australia | 104 | 104 | 13/12/2025 |
| -2 |
Billet | FOB Russia | 432 | 442 | 13/12/2025 |
| 0 |
FOB China | 431 | 433 | 13/12/2025 |
| -10 | |
ex-CIS, CFR Turkey | 455 | 460 | 13/12/2025 |
| 0 | |
Rebar | FOB Turkey | 565 | 575 | 13/12/2025 |
| -3 |
FOB CIS | 495 | 510 | 13/12/2025 |
| 0 | |
Wire Rod | FOB Turkey | 580 | 590 | 13/12/2025 |
| 0 |
HR coil | FOB Russia | 415 | 420 | 05/12/2025 | - | - |
CR coil, 1 mm | FOB China | 515 | 525 | 13/12/2025 |
| 0 |
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