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
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
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
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
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
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
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
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
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
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
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
During the course of 2015, the prices of Copper, Aluminum and Nickel were on a downward trend in London Metal Exchange (LME), with the price of Nickel dropping most significantly, having Read more
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