Market News
Tight supply, strong Chinese demand top scrap focus
27.04.2009Aggressive buying by Chinese dealers has driven U.S. scrap metal prices to seldom seen premiums, but exceptionally tight supply in a stagnant economic environment has meant fewer and smaller deals to go around.
Keywords: Market News, Scrap Metal
LME Steel Black sea billet, scrap prices are firming again
24.04.2009
The rise in scrap prices and the huge cuts of production have kept the billet prices, being supported in the Black Sea physical market this week, lifting the futures on the London Metal Exchange, Reuters reported.
Keywords: Market News, Scrap Metal, Steel
Steel scrap import of China raised in March
24.04.2009
China has imported 1.363 million tones of steel scrap in March - up to 237,000 tones or 21%MoM, which is by 4.35 times higher, than that in the review period and is also the highest monthly import since 2005.
Keywords: Market News, Scrap Metal, Steel
Japanese scrap prices ascended
23.04.2009
Japanese scrap prices are soaring, but the margin of increase of FAS price may shrink, because the overseas buyers are more cautious to purchase the Japanese scarp.
Keywords: Market News, Scrap Metal
Exports of UK’s scrap up by 9.4% in 2008
23.04.2009UK exported about 6.57 million tons of scrap in 2008. It is up by 9.4% than 6.01 million tons in 2007.
Keywords: Market News, Scrap Metal
Import of steel scrap soars at Nanjing Port in Q1
22.04.2009Steel scrap import soars at Nanjing Port in the Q1 with the value of USD 43.78 million and with the total quantity of 145,558 tones.
Keywords: Market News, Scrap Metal, Steel
American scrap prices will remain stable as demand improves
22.04.2009Due to the increasing demand, the American export prices of number 1 & 2 mixed scrap has reached USD 235 per tone for Turkey.
Keywords: Market News, Scrap Metal
