Today’s snapshot — 2026-10-13
Top mover: Zinc (Kallanish) fell 1.1% to $3,759.10/t, reversing Friday’s jump — no stated driver in today’s prints.
Notable prices:
- Zinc = $3759.10 (-42.45)
- Iron Ore 62% Fe CFR Qingdao = $90.77 (0.63)
- Turkey HMS 1&2 80:20 US-origin = $394.72 (0)
- China HRC FOB = $491.03 (0.70)
Headline driver: Turkey’s two Fastmarkets benchmarks (US-origin HMS, shredded) both held exactly flat for a second straight session — a genuine stabilization, not just a stale weekend carry, after last week’s break. Kallanish’s iron ore index ticked up for the first time in weeks. Per the sanitized brief, no verified Pakistan Qasim price change exists for today; Pakistan’s published CFR Port Qasim shredded price (Fastmarkets) stays at Friday’s $417.31, context not a fresh print.
Action signal: Hold current Pakistan and Turkey quotes at their frozen levels — two consecutive flat Fastmarkets sessions on Turkey is a signal worth testing against, not yet a floor to chase or fade.