The buying surge in rhodium that began two weeks ago during Platinum Week in London ended this week, with would-be buyers heading to the sidelines amid surging prices. The Platts New York Dealer rhodium price tumbled to $1,070-1,130/oz ...
Tags: rhodium, scrap recyclers
US steel coil prices fell slightly Thursday, with buyers saying some mills are becoming increasingly hungry and willing to cut deals. One top-tier mill source said the bulk of his hot-rolled transactions were being done between ...
Tags: Steel Coil, Metallurgy, Mineral, Energy
According to the statistics released by the US International Trade Commission (US ITC), in April this year exports of iron and steel scrap from the US amounted to 1.34 million mt, increasing by 10.58 percent from March and by 36.71 percent ...
Tags: Iron, Steel, Steel Scrap, Metallurgy, Mineral
Brazil steel maker Companhia Siderurgica Nacional (CSN) plans to expand its presence in the domestic rebar market, local media reported on Tuesday. The company has just entered in the long products segment and is eyeing a 9 percent market ...
Tags: Rebar Market, steel maker
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
In the January-May period of this year, total shipment volumes by Russian railway monopoly Russian Railways (RZD) - including ferrous metals, coal, oil, fertilizers and timber - decreased by 0.6 percent year on year, according to the State ...
Tags: Ferrous Metal, Railways
In the first four months of this year, Turkey's scrap imports decreased by 1.3 percent to 6.15 million mt, valued at $2.35 billion, down five percent, both year on year, according to the report released by the Turkish Iron and Steel ...
Tags: Scrap Imports, Scrap
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
In the January-April period this year, Ukraine exported 238,100 mt of ferrous scrap metal worth a total of $75.2 million, while it had not exported any ferrous scrap in the same period of the previous year, according to Ukraine's Ministry ...
Tags: ferrous scrap, ferrous metal
Evraz Highveld Steel and Vanadium, South African subsidiary of Russia-based steelmaking and mining giant Evraz, has announced its financial results for the first quarter this year, posting a net loss of ZAR 105 million ($10 million), ...
Tags: Steel, Highveld Steel
In the week from May 19 to May 25, on the Orbis Steel Index the Turkish scrap index moved down slightly, while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
Pakistan's iron and steel scrap imports amounted to 223,330 mt in April this year, increasing 77.21 percent compared to March and up 70.74 percent year on year, according to the data released by the Pakistan Federal Bureau of Statistic ...
Tags: Iron, Steel Imports
The US ferrous scrap import market was quiet in East Asia during the week, regional traders said Thursday. Importing mills were staying away because they believed US scrap prices were likely to soften after iron ore broke the $100/dry mt ...
Tags: Steel Mills, Bulk Scrap
The European Union (EU) may scrap mandatory ‘best-before’ dates on long life foods after several member countries blamed the labelling for millions of tons of food being wasted every year. EU agriculture ministers discussed a ...
Tags: Long Life Foods, agriculture
Advanced Tube Bending Maintains Latest-Generation Aircraft To maximize operational efficiency, British Airways maintains its fleet of aircraft in-house. The loss of revenue resulting from the grounding of a modern aircraft can be ...