Jiangsu Shagang Group, the largest ferrous scrap user in China, on Saturday cut its buying price of heavy melting scrap 6 millimeters and above thick of Yuan 30 to Yuan 1,770/mt, including 17% value-added tax, delivered to Zhangjiagang, ...
Tags: ferrous scrap, Steel
Maanshan Iron and Steel or Magang, the largest steelmaker in eastern China's Anhui province, on Monday announced it was cutting its ferrous scrap buying price by Yuan 30/metric ton ($5/mt), a company source said. The move followed the ...
Tags: Iron, Steel, steelmaker, ferrous scrap
After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
Turkish export ferrous scrap saw a small decrease on Tuesday as a quiet market pressured against steady offer levels. Merchants this week have placed offers solidly at $195/mt, though no trades or counteroffers have been heard. "There ...
Tags: ferrous scrap, Mills
Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...
Tags: Ferrous Scrap, Rebar
Despite buying a little more than 500,000 mt of scrap in the first three months of this year, China is dominating the steel scrap market, according to the latest Bureau of International Recycling World Mirror on ferrous metals. China ...
Tags: Ferrous Scrap, Steel Scrap
Spot offers for Chinese electrolytic manganese metal, or EMM, on a FOB basis have halted the downward trend seen since March, market sources said Friday. Despite the prevailing weak overseas demand, sources said Chinese domestic prices ...
Tags: Ferrous Scrap, Ferrous
In the January-November period this year, Ukraine exported 837,141 mt of ferrous scrap metal, up 3.8 times year on year, worth a total of $265.442 million, according to Ukraine's Ministry of Revenue and Duties. In the given period, ...
Tags: scrap metal, Metallurgy
In the week from October 20 to October 26, on the Orbis Steel Index the Turkish scrap index started to move upwards, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar ...
Tags: Turkish Scrap, Steel, Energy
In the week from July 14 to July 20, on the Orbis Steel Index the scrap indexes moved upwards. In the given week, the Turkish rebar index increased slightly, while the Turkish flat rolled product indexes showed either upward or sideways ...
Tags: Orbis, data, Metallurgy, Mineral
In the week from July 21 to July 27, on the Orbis Steel Index the Turkish scrap index moved upwards, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Orbis Steel Index, Turkish.Move
In the week from August 4 to August 10, on the Orbis Steel Index the Turkish scrap maintained its upward movement, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
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