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China's Shagang Cuts Ferrous Scrap Buying Price

Nov 22, 2016

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

China Alumina Stable After Holidays

May 4, 2016

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

Eastern China Ferrous Scrap Stable on Rising Price

Dec 28, 2015

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

Shagang, Magang Cut Ferrous Scrap Buying Prices

Nov 17, 2015

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

Scrap Exporters Have Lowered Buying Prices at Their Terminals Along The US East Coast

Apr 23, 2014

Scrap exporters have lowered buying prices at their terminals along the US East Coast since last week, as market sources said they are likely preparing for lower-priced sales when Turkish mills return to the market later this week. One ...

Tags: Scrap, Scrap exporters

Anticipated Fragmented Scrap Pricing Next Month May Bring US Scrap Prices Closer Together

Apr 21, 2014

Anticipated fragmented scrap pricing next month could bring US regional scrap prices closer together, according to market sources who generally agree on downward pricing pressure for May settlements. Scrap settlements varied wildly in ...

Tags: Steel Scrap, regional scrap prices

Sentiment in The Turkish Steel Scrap Import Market Remained Strong Tuesday

Mar 14, 2014

Sentiment in the Turkish steel scrap import market remained strong Tuesday, but prices slipped modestly on a the back of a cheaper deal. A European merchant sold 40,000 mt of Heavy Melting Scrap I and HMS I/II to a medium-sized Turkish ...

Tags: steel, Ore, Mineral

Turkish Steelmakers and International Scrap Recyclers Are Fairly Quiet This Week

Nov 29, 2013

Turkish steelmakers and international scrap recyclers are fairly quiet this week in discussing December/January shipments of bulk cargoes, with electric arc furnaces keen to sell more finished steel products before turning their attention ...

Tags: Mills, Scrap Recyclers, Metallurgy, Mineral, Energy

Turkish Steelmakers and International Scrap Recyclers Are Fairly Quiet This Week

Nov 29, 2013

Turkish steelmakers and international scrap recyclers are fairly quiet this week in discussing December/January shipments of bulk cargoes, with electric arc furnaces keen to sell more finished steel products before turning their attention ...

Tags: Steel Mills, Metallurgy, Mineral, Energy

Prices for Ferrous Scrap Exports From The US West Coast Increased

Oct 17, 2013

Prices for ferrous scrap exports from the US West Coast increased for a third consecutive week this week, with deals for containerized heavy melting scrap I/II (80:20 blend) being concluded at $358/mt CFR Taiwan on Wednesday, up about $2/mt ...

Tags: Metallurgy, Mineral, Energy, Chemicals

The Introduce of Induction Furnace

Oct 9, 2013

The principle used in induction furnace is similar to that of the working of modifier. A procedure in which electrical conductors becomes heated through swirl flows tempted by a changing electromagnetic field. This invention is of fresh ...

Tags: Induction Furnace, Machinery

Indian Steel Industry Hopes to Cancel Scrap Steel Import Tariffs

Jun 6, 2013

Indian steel industry think to melt scrap steel and stainless steel scrap a 2.5% import tariff will further lower scrap steel demand, and the revenues of the import duties will be imposed to the final consumers, so they asked for cancel ...

Tags: Metallurgy, Mineral, Energy, steel

India's Central Board of Excise and Customs Imposed a 2.5 Percent Import Duty

May 13, 2013

India's Central Board of Excise and Customs has imposed a 2.5 percent import duty on melting scrap and stainless steel scrap, according to notification published on May 8. India has not collected any duties from scrap imports until now. ...

Tags: Scrap Imports, Mineral

Change Is on 3rd January as Compared to 2nd January 13

Jan 7, 2013

Melting scrap 80:20 HMS Location Change Bangalore 0 Chennai 0 Hyderabad 0 Kandla -800 Kanpur 0 Kolkata 0 ...

Tags: Steel Melting Scrap Price, India, steel market, steel price

The Indian Long Product Price Index ILPPI Has Gone up by 33 Points Last Week

Jan 6, 2013

The Indian Long Product Price Index ILPPI has gone up by 33 points last week whereas Indian Flat Products Index IFPPI has gone down by 38 points. The overall price index INDSPI remained stable. Class 21-Dec ...

Tags: India, Long Product Price, steel, steel market

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