CIS scrap exports: situation favourable to suppliers in late July Scrap / CIS The situation in the scrap market is favourable to Russian and Ukrainian exporters in the last days of July. In response to improved demand from Turkish steelmakers, which have decided to continue purchasing import material after the week-long break, they have raised prices again ...
30.7.2010 13:04
Turkey: scrap suppliers continue to be bullish Scrap / Turkey Turkish market for import scrap has been rallying in the past week. The pause in purchases lasted for a mere one week, following which buying activity bounced back. Suppliers have taken over the initiative after having played the minor part in negotiations for the past two months ...
South Korea: prices for import scrap grow Scrap / South East Asia Buying activity remains moderate in the South Korean market for scrap. Many mills are currently running at lowered rates because demand for finished products (mainly rebar) is poor due to the rainy season ...
Japan: scrap market stays dead (Editor's Choice) Scrap / South East Asia The Japanese steel scrap market remains rather inactive in the last week of July: steelmakers are showing little interest in the material due to low demand for finished products. The main factor hampering scrap price increases is ...
Spain: scrap prices to grow soon Scrap / South Europe Players in the Spanish scrap market consider it increasingly likely that the hardest times have passed. They think the price bottom is left behind and expect prices and demand for the material to grow. Despite a slight decrease in buying activity in Turkey, demand from local steelmakers remains firm enough to keep prices from falling and ...
European steel scrap market: exporters have reasons to be optimistic (Editor's Choice) Scrap / North Europe European exporters of steel scrap remain optimistic about further market developments in the last week of the current month, although there are hardly any actual bookings reported. The recent upswing of Turkish demand has allowed suppliers to fulfill previously signed deals ...
Turkey: new deals in scrap market Scrap / Turkey Turkish market for import scrap has seen a slight revival in the last week of July. According to local traders, some mills that managed to sell ...
China: scrap prices stable despite revival in steel product market Scrap / China Scrap prices in the Chinese domestic market remain relatively stable at the end of the month. In spite of a slight revival in the finished product segment, mills are in no rush to raise their bids not to heat up the market ...
South Korea: Japanese scrap suppliers have to step back Scrap / South East Asia The South Korean import scrap market has revived slightly this week. In spite of rather healthy stocks as well as unfavourable conditions in finished product segments, a number of steelmakers have resumed purchases of the material from abroad. Yet, mills have taken a very firm stance and deals have been closed at ...
22.7.2010 15:15
India: import scrap prices move up Scrap / India Indian scrap consumers are still having hard days. Buying activity in the segment for finished products remains rather low...
22.7.2010 10:57
CIS scrap exports: suppliers remain active Scrap / CIS Russian and Ukrainian scrap exporters continue to reap the results of recent demand upswing in Turkey at the end of the month. In the middle of July, after demand for semis improved, Turkish steelmakers decided to stock up for the coming holidays and resumed imports of the material thus breathing life into Black Sea exports which had been quiet for over a month ...
Turkey: steel scrap market waiting and seeing Scrap / Turkey After rather active third week of July in the Turkish scrap market, customers have again switched to a wait-and-see mode...