WEEKLY STEEL SCRAP:
Turkey keeps buying, Asia bulk markets go quiet
Turkish steel producers remained active in the market for import scrap in the week ending Friday June 12, while prices for bulk scrap in Japan and Vietnam appear to hit a ceiling as activity slowed.
Turkish mills continue to book deep-sea scrap
Demand from Turkey has allowed US East Coast prices to keep increasing
Trading activity falls in Vietnamese market as offer prices climb
Buying activity remains strong in Taiwan
Indian mills absent from market
Turkey
Bookings for bulk import scrap to Turkey continued over the past week with easing Covid-19 restrictions aiding demand for long steel products.
Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) domestic, exw Turkey, was 3,400-3,440 lira ($499-505) per tonne.
source: Metal bulletin
Top News
Seventeen Days ago
Vale to raise Carajas iron ore output with $12 billion investment
Revival Gold secures $2.2M investment from Dundee
Anglo sells Brazil assets for $500M, targets June to demerge Amplats
Agnico Eagle threatens to oust Barrick from No. 2 gold ranking
Ukraine rejects US bid for 50% of rare earth minerals, FT says
Q-ONE POWER FEEDER IN OPERATION AT SHINKASAI STEEL, JAPAN
Australia’s iron ore export hub to reopen after cyclone weakens
Glencore weighs ditching London as primary listing
Iron ore price slides as cyclone-led supply fears ease in Australia
Canagold unveils antimony resource for New Polaris project in British Columbia
Indonesia minister says Freeport can resume copper concentrate exports
US, Ukraine ramp up talks on minerals deal during envoy trip
THE WORLD-LARGEST RETAINED MANDREL SEAMLESS PIPE PLANT WILL BE FQM®
Glencore weighs ditching London as primary listing
Northisle doubles value of British Columbia copper-gold project with new PEA
Revival Gold secures $2.2M investment from Dundee
Anglo sells Brazil assets for $500M, targets June to demerge Amplats
Ex-Glencore, Lundin execs launch Moranda Metals
Iron ore price slides as cyclone-led supply fears ease in Australia
Canagold unveils antimony resource for New Polaris project in British Columbia
Indonesia minister says Freeport can resume copper concentrate exports
US, Ukraine ramp up talks on minerals deal during envoy trip
THE WORLD-LARGEST RETAINED MANDREL SEAMLESS PIPE PLANT WILL BE FQM®
Glencore weighs ditching London as primary listing
Northisle doubles value of British Columbia copper-gold project with new PEA
Revival Gold secures $2.2M investment from Dundee
Anglo sells Brazil assets for $500M, targets June to demerge Amplats
Ex-Glencore, Lundin execs launch Moranda Metals