Scrap

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High realization in Indian domestic market and competitive global offers from CIS nations lowered Indian Pig iron export volumes.
News ID: 3406    Publish Date : 2019/01/26

Eastern China’s largest ferrous scrap consumer and EAF steelmaker - Shagang Jiangsu Steel group has raised steel scrap purchase prices by RMB 80/MT (USD 12) effective from yesterday.
News ID: 3405    Publish Date : 2019/01/26

As per recent updates received from sources, ‘Kanto Tetsugen’- Japan’s monthly ferrous scrap export tender for Jan’19 concluded today (11th Jan) in the Kanto region. Total 20,000 MT H2 scrap auctioned through three winning bids presented at an average of JPY 28,775/MT (USD 266), FAS in Jan’19.
News ID: 3369    Publish Date : 2019/01/23

SteelMint learned in recent conversation with market participants that Turkey-based steel mills have continued scrap booking at almost steady prices. Steel mills have initiated Feb shipment bookings in recent deals concluded. On increasing deals, price assessment has inched up marginally.
News ID: 3296    Publish Date : 2019/01/16

SteelMint learned in recent conversation with market participants that Turkey-based steel mills have resumed scrap booking from the US after almost a six weeks' of silence. US origin HMS 1&2 prices moved down sharply by around USD 49-50/MT as against last the US deal reported on 23rd Nov'18.
News ID: 3280    Publish Date : 2019/01/15

SteelMint learned in recent conversation with market participants that local steel prices in Pakistan have stabilized now. Imported scrap prices have edged down in minor trades reported. Buyers seem interested however stand in 'wait and watch' mode in order to have more clarity on global scrap prices with anticipation of further correction in the near term.
News ID: 3277    Publish Date : 2019/01/15

Indian domestic billet prices drop by INR 400-1,000/MT(USD 6-14) in last one month. Current prices for induction grade billet (which is more popular in merchant market) hovers at INR 32,600/MT (USD 466) ex-Mumbai.
News ID: 3276    Publish Date : 2019/01/15

SteelMint learned in recent conversation with market participants that local steel prices in Pakistan have come down today after witnessing a slight lift towards the closing of the last week
News ID: 3190    Publish Date : 2019/01/08

SteelMint learned in recent conversation with market participants that Pakistan steel market remains dull on the depressing ongoing situation.
News ID: 3029    Publish Date : 2018/12/21

Tokyo Steel Manufacturing Co Ltd - Japan’s top electric-arc furnace steelmaker has kept steel prices unchanged owing to softening export offers in overseas nations.
News ID: 3017    Publish Date : 2018/12/21

SteelMint learned in recent conversation with market participants that Pakistan steel market observes increasing traction finally.
News ID: 2961    Publish Date : 2018/12/18

Turkey-based steel mills observed a fresh deal for European scrap as soon as they received the lower price from a supplier. Amid dull finish steel demand steel mills in Turkey were holding their buying price at lower side witnessing no significant deal concluded for past two weeks. However, recent deal heard pulled prices down by USD 5-7/MT further.
News ID: 2930    Publish Date : 2018/12/16

Steelmaker makes third scrap price cut so far in Dec’18 as market observes no sign of price bottom yet.
News ID: 2926    Publish Date : 2018/12/16

South Korea’s leading EAF steelmaker - Hyundai Steel has booked two bulk scrap cargoes one after another from USA and Russia last week in preparation for January requirement.
News ID: 2828    Publish Date : 2018/12/07

Steelmaker cuts scrap prices further by JPY 500/MT (USD 4) at all works today
News ID: 2772    Publish Date : 2018/12/01

Steelmaker cuts scrap prices by JPY 500/MT (USD 4) at all works today
News ID: 2751    Publish Date : 2018/11/29

SteelMint learned in recent conversation with market participants that imported scrap market has turned silent despite marginal correction in offers. Local steel prices remained almost supported as many mills are not operating at full capacities.
News ID: 2748    Publish Date : 2018/11/29

Japanese based major steelmaker Tokyo Steel likely to increase plate prices for the first time in 11 months amid tight supply and strong demand
News ID: 2739    Publish Date : 2018/11/28

Eastern China’s largest ferrous scrap consumer - Shagang Jiangsu Steel group has slashed the prices for its finish long steel products up to USD 26/MT for late November shipment
News ID: 2738    Publish Date : 2018/11/28

After imposition of ban on scrap exports since 21st July, major importers like Turkey and South Korea observed 41% and 58% fall in scrap imports from Russia in August
News ID: 2561    Publish Date : 2018/11/09

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