Europe: scrap market facing unhealthy rush Scrap / South Europe Prices for EU scrap have got a second wind this week to continue their upward drive. European mills, currently recovering their production volumes, are lifting purchase prices for scrap to promote deliveries of the material to cover their own growing consumption ...
12.3.2010 14:00
Ukrainian exporters of scrap return to market Scrap / CIS Price surge in the Turkish market for scrap amid growing quotations of major exporters from the USA and Europe has enabled ...
USA: home demand for scrap supports export prices Scrap / USA Prices for scrap exported from the USA have soared this week. Strong demand from local steelmakers allows scrap collectors to continue raising both domestic and export prices for ...
12.3.2010 10:04
Import scrap prices grow in India Scrap / India Buyer activity has fallen in Indian scrap market due to a substantial increase in import prices...
12.3.2010 09:25
Taiwan: import and domestic prices for scrap firm Scrap / South East Asia Taiwanese scrap market has also followed the global upward trend. As a result, quotations of the material HMS 1&2 (80:20) have moved up to...
11.3.2010 17:10
Turkey: contracts being signed despite skyrocketing scrap prices (Editor's Choice) Scrap / Turkey Buyer activity is extremely high in the Turkish market for import scrap this week. Although prices for the material are moving up in huge leaps, Turkish steelmakers are unable to refrain from new purchases ...
Far East: scrap prices keep growing despite market lull Scrap / China Prices keep growing in Far Eastern scrap market this week. However, demand both for Japanese and US material remains virtually non-existent in foreign markets since even amid continuing growth of finished longs quotations the current scrap prices are unacceptable to most steelmakers ...
11.3.2010 14:13
USA raises scrap exports in 2009 Scrap / USA The USA increased exports of scrap in 2009 by 3% year-on-year, to 22.4mt. This was mainly due to the fact that Chinese, Indian and South Korean customers raised purchases...
10.3.2010 18:04
Spain: scrap prices growing Scrap / South Europe Scrap prices have risen in the Spanish market amid the upward trend in the world markets where prices have been soaring since the beginning of March...
10.3.2010 16:12
Turkish mills continue to lift purchase prices for scrap Scrap / Turkey Scrap quotations have risen in the Turkish domestic market in the second week of March. Domestic steelmakers have had to lift purchase prices for scrap...
Japan: domestic scrap prices continue to increase Scrap / Far East Japanese buyers of domestic scrap have to increase their purchase prices further amid continuing growth of foreign offers. In particular, the largest Japanese steelmaker...
Black Sea traders resume scrap exports from CIS Scrap / CIS CIS scrap collectors at the Black Sea ports finally recommenced exports at the beginning of March. Russian suppliers had been focused on domestic shipments for over a month. A lack of the material forced domestic steelmakers to compete for available volumes, bidding at high levels. At the same time...
5.3.2010 14:21
Far Eastern scrap market: buyers and sellers having no point of contact Scrap / South East Asia In the Far Eastern scrap market, buyers and sellers of the material have not found any point of contact in the first week of March to resume trading. On the one hand, all major scrap consumers need the import material, on the other hand, steelmakers do not accept prices of neither ...
5.3.2010 14:02
US domestic market: scrap continues to hike up (Editor's Choice) Scrap / USA Optimistic forecasts of US scrap collectors are coming true. Prices for HMS 1 scrap have increased again by $5/t at the beginning of March, to...
5.3.2010 11:43
Indian scrap market: further price growth to entail drop in demand Scrap / India Demand in India remains rather stable at the beginning of March while construction and car-building industries are recovering gradually. As a result, local steel mills increase consumption and imports of scrap, prices of which have risen...
4.3.2010 18:28
Europe: scrap prices continue to rise (Editor's Choice) Scrap / South Europe Even European market, which was the most sluggish last year, has started recovering in early March. Finished products from many mills have become more competitive in world markets due to last-month devaluation of the euro amid lack of liquidity in some EU countries. Thus, some producers have stabilized both ...
Scrap exports from Russia and Ukraine shrink in January Scrap / CIS Scrap exports from Russia in January decreased by 57% m-o-m, to 110,000t. The shipments dropped to all destinations. In particular, sales of Russian scrap to Belarus...
4.3.2010 12:33
Turkey: mills forced to accept suppliers' prices amid exhausted scrap stocks Scrap / Turkey Turkish scrap market has finally seen a winner in the stand-off between domestic mills and suppliers of the material. Thus, several new deals have been reported in the first week of the month. Steady demand and growing prices in domestic markets of exporting countries have allowed both European and US scrap collectors to take a firm stance. Besides...
4.3.2010 11:56
EU scrap exporters continue to lift prices Scrap / Western Europe Favourable domestic markets amid quite limited supply of the material allows EU scrap exporters to dictate their terms to foreign buyers ...
Italy: scrap prices catch up with global levels Scrap / South Europe Italian scrap market has seen an expected price increase in late February–early March. However, the price growth is not caused by any recovery of steel market. The prices in Italy have just caught up with prices in the neighbouring countries...
1.3.2010 17:32
USA: scrap market to see price increase in March (Editor's Choice) Scrap / USA Participants of US market for scrap are entering spring in an optimistic mood. Gradual increase of steel production amid a recovery in steel consuming industries allows ...
26.2.2010 16:40
US scrap market: demand stable, prices to grow Scrap / USA It seems that optimistic expectations of US scrap collectors are coming true. Steady demand in the domestic market amid a slight shortage of the material has been pushing prices up...
26.2.2010 15:07
India: scrap suppliers lift prices Scrap / India Scrap suppliers have seen some positive changes in the Indian market in the last days of February. Improved market for finished products has allowed local mills to increase ...
