Today’s snapshot — 2026-10-21
Top mover: Kallanish KORE 61% Fe / Qingdao CFR fell $0.98 (-1.07%) to $90.77 for Tue 20 Oct, reversing most of the prior day’s gain. Kallanish’s Turkey scrap lines eased with it.
Notable prices:
- Pakistan Shredded CFR Port Qasim (Fastmarkets MB-STE-0887) = $414.07 (no new print; last assessed 16 Oct, -3.24)
- Turkey Shredded CFR (Fastmarkets MB-STE-0095) = $409.91 (0, flat)
- Turkey Shredded CFR (Kallanish) = $413.00 (-2.00, -0.48%)
- KORE 61% Fe Qingdao CFR (Kallanish) = $90.77 (-0.98, -1.07%)
Headline driver: The sanitized brief reads Pakistan sentiment as strong, but no number was verified. Physical shows Kallanish Turkey scrap lower and no new Pakistan print, so the strength is unconfirmed.
Action signal: No actionable signal today. The published CFR Port Qasim shredded price (Fastmarkets MB-STE-0887) is still the 16 Oct print; test it against executable bids, as the next print is the 23 Oct assessment.