The latest price of imported iron ore of 62% purity in China fell by $1.5 daily to $106.15 per tonne dry CFR. Although the volume of purchases increased, the demand outlook is not favorable and the market is in a recession. The profit margins of steelmakers have improved compared to the first three months of the year, but they are still not in favorable conditions. ‎

Due to the Eid al-Adha holiday‎ there was recession in the Turkish scrap import market ,  and the average price of heavy scrap 20-80 remained unchanged at about $386 per ton CFR. ‎