A decrease of scrap prices is observed in the Russian market. The reasons behind the trend are as follows: absence of competition from exporters, a diversion of scrap flows from export to domestic market, overfulfilment of scrap purchase plans by some steelmaking plants in August, and also a drop of quotations for finished steel products.

Demand from consumers in European market for scrap is still low, accompanied by decline of quotations. Amid unfavorable market for long products, steelmakers prefer to hold on to their wait-and-see attitude, still putting pressure on ...

Further decline of quotations is observed in Far Eastern market for scrap. This results from low demand from steelmakers, who still have sufficient stocks. Unfavorable ...

A lull remains in the Turkish scrap market. Despite a certain increase of interest to developments in the market, demand for scrap is still absent. The main factors ...

Japan's major steelmaker Tokyo Steel has announced a cut of purchase prices for steel scrap by $28/t (JPY3,000/t) from August 29. One day before, on August 28, the company already cut ...

At present, prices are declining in European market for steel scrap. Most scrap traders, having significant stocks, are offering their material at reduced prices, but face ...

Low business activity remains in the Turkish market, however, some consumers have started eyeing situation in the market quite intently these days ...

In Far Eastern scrap market, the price drop tendency remains amid virtually full absence of buying activity. Thus, the price for HMS 2 scrap in Japan's ports has decreased by ...

Weakening of quotations continues on Russian scarp market due to absence of competition from the side of ports amid lull in export shipments, and successful fulfilment of purchase plans. Thus, last week the purchase prices for A3 scrap in central region dropped from ...

Price drop continues in Far East scrap market, most of the buyers still adopting a wait-and-see position. Low demand, considerable stocks and adverse situation in ...

At present, the situation in Turkish market for scrap is vague. The date of Turkish consumers’ entering the market to make new contracts has been postponed amid the constant price fall, which entailed various opinions concerning the market revival. Now, buyers are expected to ...

Prices continue declining in European market for scrap. The reasons behind the price fall are: the absence of demand from steelmakers, an increase of suppliers' stocks, amid ...

Japanese Tokyo Steel continues decreasing prices for scrap. Thus, since August 19, purchase prices of Okayama, Kyushu and Takamatsu plants are cut by an average of ...

In the middle of August Turkish consumers keep exerting pressure on suppliers and do not agree to pay even significantly lowered prices. Offers are very few ...

Scrap market of Russia faces a slight downward price adjustment. The absence of competition from exporters, along with successive fulfillment of plans on scrap purchases have eventually led to price decline by some producers. Thus, average purchase price for A3 material in Central region have ...