Sims Metal Management expects tight ferrous scrap flows and US scrap processing overcapacity, two major headwinds impacting margins, to improve in its current fiscal year that ends June 30, 2014. The global scrap firm notes an improvement ...
Tags: Ferrous Scrap, Mineral
According to statistics released by Japan's Ministry of Finance, in first half of 2013 Japan's scrap exports amounted to 4.76 million mt, increasing 16.8 percent compared to the same period of the previous year. Meanwhile, Japan's ferrous ...
Tags: Scrap Exports, Mineral
In the week from August 5 to August 11, the scrap indexes maintained their upward movement on the Orbis Steel Index. In the given week, the Turkish rebar index increased for the eighth consecutive week. Meanwhile, the Turkish flat rolled ...
Tags: Mineral, Rebar Index
The situation as regards excess supply in certain areas of the global long steel products market remained the same in July as compared to June, according to the market outlook released by IREPAS, the global association of producers and ...
Tags: Long Steel Market, Mineral
In the week from July 29 to August 4, scrap indexes continued to move upward on the Orbis Steel Index. In the given week, the Turkish rebar index maintained its upward movement. Meanwhile, the Turkish flat rolled product indexes also ...
Tags: Scrap, Orbis Steel Index
It’s reported that Korean steelmaker Hyundai Steel announced to hike its export prices for H beams and other sections by US$20~US$30/ton for August orders. After the adjustment, the export prices for H beams are at US$700~US$720/ton ...
Russian steelmaker NLMK has announced that it has held a ceremony on July 23 to mark the opening of NLMK Kaluga, its next-generation EAF mill located in the Kaluga region near Moscow. The launch of NLMK Kaluga will help tackle the ...
NLMK, one of the world’s largest steel producers has announced to initiate its operation of new EAF mill in Kaluga, Moscow. The Kaluga work site will help to produce high quality long products with raw material and ferrous scrap ...
In the week from July 15 to July 21, the Turkish scrap index moved upwards on the Orbis Steel Index while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Turkish Scrap, Mineral
According to statistics released by Japan's Ministry of Finance, Japan's ferrous scrap exports totaled 775,344 metric tons in May this year, falling by 12.1 percent month on month and up 12 percent compared to May 2012. Meanwhile, in ...
Tags: Scrap Exports, Mineral
It is learned that two new steel companies in Ghana is expected to start operations by the end of next month. The new mills are Jordanian-owned Rider Steel and Lebanese-owned United Steel Limited, their production capacity are 5,000 tons ...
Tags: Construction, Metallurgy, Mineral, Energy
According to the data provided by the National Statistics Office of Georgia (Geostat), in the first four months of this year, there was no ferrous scrap among the most exported products from Georgia to Turkey, the country's main trading ...
In the week from May 13 to May 19, the scrap indexes declined further on the Orbis Steel Index. In the given week, the Turkish rebar index continued to decrease, while Black Sea HRC export index switched to sideways movement. The Turkish ...
Tags: Scrap, Orbis Steel Index, Metallurgy
Another month has passed in which demand in the global long steel products market has failed to show the long-awaited recovery, according to the market outlook released by IREPAS, the global association of producers and exporters of long ...
Tags: Hinders Price, Global Longs Market
In the week from April 29 to May 5, the scrap indexes continued to decrease on the Orbis Steel Index. In the given week, the Turkish rebar index started to decrease following two weeks of upward movement. The flat rolled product indexes ...
Tags: Scrap, Downward Movement