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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

US Rebar Prices Expected to Remain Flat Through Year-End

Dec 16, 2015

With the approaching Christmas holiday and the typical seasonal construction slowdown, buyers are expecting US rebar prices to remain largely flat through year-end. "Our fabrication division is staying very busy and is not wrapping up by ...

Tags: US rebar, scrap

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

Eastern China Ferrous Scrap Prices Stay Stable

May 25, 2015

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

BIR Autumn Convention Held on 27-28 October in Paris

Oct 30, 2014

At the Bureau of International Recycling (BIR) Autumn Convention held on 27-28 October in Paris, concerns have emerged regarding a matter which only a few market players have considered with due attention so far, i.e., the volumes of steel ...

Tags: BIR, Convention, Energy

Rise in Chinese Exports Will Alter Existing Market Balance

Oct 11, 2014

Speaking at the SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting in Berlin, Ioannis Meimaroglu from Helveco Intertrade, the chairman of the raw materials suppliers committee, stated that the increasing volume of exports from China due ...

Tags: Metallurgy, Mineral, Energy, Raw Material

Offers for Spot Aluminum Alloy ADC12 Rebounded

Aug 27, 2014

Offers for Chinese domestic spot aluminum alloy ADC12 rebounded Tuesday, mainly on higher primary aluminum ingot prices despite no significant change in physical buying interest during the current summer lull, industry sources said. ...

Tags: Aluminum Alloy, Mineral

Izmir Has Announced Its Financial Results for Q2

Aug 19, 2014

Turkish rebar producer Izmir Demir elik Sanayi A.. (IDC) has announced its financial results for the second quarter and the first half of the current year. The company stated that the US revising its growth expectations from three percent ...

Tags: Scrap, Metallurgy, Mineral

Cemtas Celik Makina Sanayi Ve Ticaret A.S Has Announced Its Financial Results

Aug 12, 2014

Bursa-based Turkish steelmaker Cemtas Celik Makina Sanayi ve Ticaret A.S (Cemtas) has announced its financial results for the second quarter and the first half of 2014. Cemtas has reported a net profit of almost TRY 7.16 million ($3.4 ...

Tags: Cemtas Celik Makina Sanayi Ve Ticaret A.S, Announce, Financial Results

Scrap Market Activity Remained Sluggish in Eastern China with Prices Mainly Holding Steady

Jun 16, 2014

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

Healthy Demand Has Continued to Improve in The Global Long Steel Products Market

Jun 13, 2014

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

US Shredded Steel Scrap Availability Tightened and Prices Inched up

Jun 13, 2014

US shredded steel scrap availability tightened and prices inched up as the June mill procurement period came to a close, market sources said Friday. Mills reentering the market late in the week to acquire additional shredded material ...

Tags: Steel Scrap, shredded material

US Steel Sheet Prices Stayed Flat on Tuesday, But Downward Pricing Pressure Develops

Jun 5, 2014

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

The US Sheet Steel Market Might Be in for Another Stretch of Relative Stability

Jun 3, 2014

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

The US Ferrous Scrap Import Market Was Quiet in East Asia During The Week

May 26, 2014

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

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