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Metal Scrap News

  • Indian Imported Shredded Scrap Prices Soar to Four-Year High

    by benni - January 10, 2018 1272 Views

    Nagercoil, Jan 11, 2018 - In the working week starting January 1 through January 5, prices of Indian imported scraps elevate to four-year high, thanks to a dip in supply in various global Read more

    Posted in : Metal
  • Revival of the Indian Steel Market – An Analysis

    by benni - October 10, 2017 6407 Views

    The Indian steel market witnesses positive signs of growth in the recent times. According to a report published by the World Steel Association, a 4 per cent growth in steel production has Read more

    Posted in : Metal
  • US Ferrous Scrap Market at Impasse as Turkey Turns To Europe

    by georgy - June 28, 2016 6737 Views

    The US ferrous scrap export market for bulk sales is at impasse as the Turkish market players opt to suffice their needs with raw materials from European counterparts rather than the USA. To Read more

    Posted in : Metal
  • Ferrous Scrap Export at Standstill!

    by georgy - June 06, 2016 5429 Views

    After a steady increase in the past few weeks once again we get to hear about “Market uncertainty”. But this time it is caused by the Chinese billet price fluctuations, which has Read more

    Posted in : Metal
  • It is Back Foot Drive for Base Metals

    by georgy - June 03, 2016 3660 Views

    Base metals have started the second half of the year with a whimper, returning to the lower end of recent ranges on the LME on Wednesday morning. It remains in consolidation mode, the Read more

    Posted in : Metal
  • Brass & Copper in Competitive Mood

    by georgy - June 03, 2016 2686 Views

    Lingering supply concerns have kept most copper and brass scrap prices insulated from terminal market weakness, although a production disruption at one brass mill could change that by freeing up Read more

    Posted in : Metal
  • Ferrous Export Market In A Stand Still!

    by georgy - May 25, 2016 4331 Views

    All eyes are fixed on the ferrous scrap export market, with the market players fully aware that the next sale will determine where prices are heading for the near term. The latest news is that, Read more

    Posted in : Metal
  • It is Steel Eclipse!

    by georgy - May 23, 2016 2494 Views

    The steel prices, especially U.S flat rolled are shooting up very briskly not seen since 2008, according to industry sources. I should say it is a STEEL ECLIPSE! Fasten your seat belt lest you Read more

    Posted in : Metal
  • Ferrous Scrap on the Gaining Front

    by georgy - May 23, 2016 2390 Views

    It was a third consecutive gain in May for the Midwest ferrous scrap as steady demand from flat-rolled producers worked to lift prices once again. Most steelmakers throughout the Midwest readily Read more

    Posted in : Metal
  • Steel Plate scrap is Shifting to a Higher Plane

    by georgy - May 09, 2016 2672 Views

    The steel plate scrap market is shifting to a higher plane, market sources said, thanks to mill increases, expected gains in scrap prices and a landmark trade case that would squeeze off shore Read more

    Posted in : Metal

    by georgy - April 29, 2016 3504 Views

    An unbelievable hike in export prices of ferrous scrap rocked the market this week, leaving many market players reeling in its wake just ahead of May. A single bulk cargo sale off the Read more

    Posted in : Metal
  • Momentum For Ferrous Scrap

    by georgy - April 23, 2016 2578 Views

    The “WIND” of supply and demand factor finally began to blow in favour of scrap sellers from early March, as prices gained $12 per ton or more, depending on the grade. The Read more

    Posted in : Metal
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