Scrap

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Company kept its steel prices unchanged for May deliveries amid higher inventory levels over increased imports in domestic market.
News ID: 4415    Publish Date : 2019/05/04

As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has lowered the domestic scrap purchase price by further JPY 500/MT (USD 5) at all five works in Japan.
News ID: 4399    Publish Date : 2019/05/02

SteelMint learned from industry participants that ongoing election has kept imported scrap trades limited for yet another week.
News ID: 4397    Publish Date : 2019/05/02

SteelMint learned from industry participants that containerized imported scrap trades in Bangladesh have remained average at almost flat prices for yet another week
News ID: 4390    Publish Date : 2019/05/02

As per new price circular released, Japan’s leading EAF steel mini-mill - Tokyo Steel has lowered domestic scrap purchase price by JPY 500/MT (USD 5) at all five works in Japan. New prices for all grades shall be effective from tomorrow (16th Apr'19).
News ID: 4377    Publish Date : 2019/04/29

South Africa iron ore exports down 21% in Feb'19: South African iron ore exports in Feb'19 recorded at 5.53 MnT, down 21% as against 7.05 MnT in Jan'19. As per sources, the exports dropped amidst Saldanha port maintenance in Feb'19.On yearly basis, the exports increased marginally as compared to 5.25 MnT in Feb'18.
News ID: 4367    Publish Date : 2019/04/20

Indian Steel industry observed average inquiries during the Week-15 (9th to 13th Apr) owing to election mood in the country. In context to supply scenario, the production of Semis & Finished steel products more or less on same proportion, this led to volatility in prices.
News ID: 4365    Publish Date : 2019/04/20

Tata Steel Ltd has issued another RFQ (Request for Quotation) for procurement of 15,000 MT imported steel melting scrap for its newly acquired plant Bhushan Steel Limited recently, SteelMint learned from industry sources.
News ID: 4346    Publish Date : 2019/04/12

SteelMint learned from industry participants that imported scrap trades in Bangladesh have remained slow as current prevailing offers in the market are comparatively high against buyers’ expectation and other subcontinental markets.
News ID: 4325    Publish Date : 2019/04/11

SteelMint learned in conversation with industry participants that there is a shortage of domestic scrap in the market added to which Pakistan’s ship-breaking industry has been in the hibernation state witnessing very less of ships being beached for cutting operation since last two quarters in Gadani’s market.
News ID: 4307    Publish Date : 2019/04/11

Turkey, the world's largest ferrous scrap importer has observed a sharp fall in imports of raw materials like Ferrous Scrap , Iron Ore, Coal and Ferro Alloy in Feb'19.
News ID: 4305    Publish Date : 2019/04/11

Japan, world's third-largest crude steel producer has observed a rise in exports of ferrous scrap, billet and finish long products in Feb'19 on monthly premises, on the other hand, exports of finish flat and graphite electrode dropped in Feb'19, the data provided by Japan's customs department showed.
News ID: 4243    Publish Date : 2019/04/08

SteelMint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades as local sentiments have turned down now.
News ID: 4238    Publish Date : 2019/04/08

Amid fluctuation in Indian domestic sponge prices, the export offers to Bangladesh have remained more or less firm, as per SteelMint's weekly assessment.
News ID: 4218    Publish Date : 2019/04/07

SteelMint learned in conversation with industry participants that after booking actively during last week, Pakistan scrap importers have slowed down purchases since past couple of days.
News ID: 4214    Publish Date : 2019/04/07

OPEC is set to scrap its planned meeting in April and decide instead whether to extend oil output cuts in June, when the market will be able to assess the full impact of US sanctions on Iran and the crisis in Venezuela.
News ID: 4205    Publish Date : 2019/04/06

Eastern China’s largest private ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has lowered steel scrap purchase prices for all grades by RMB 40/MT (USD 6) effective from today (28th Mar’19).
News ID: 4181    Publish Date : 2019/03/30

South Asian countries have observed increased imported scrap prices since the opening of the week on improved buying interest in Pakistan and Bangladesh, however, the Indian market remained slow on limited cash flow amid financial year closing and ahead of general election in the near future.
News ID: 4176    Publish Date : 2019/03/30

SteelMint learned from industry participants that imported scrap market in Bangladesh has observed two bulk scrap vessels booked last week.
News ID: 4159    Publish Date : 2019/03/29

United States, world's largest ferrous scrap exporter and fifteenth largest steel exporter of CY17, observed increased Raw material export in CY18 while finish steel exports dropped against that of in CY17, the data provided by US customs showed.
News ID: 4155    Publish Date : 2019/03/26

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