SteelMint learned from market participants that after remaining stable for around a week, Turkish imported scrap prices have inched up marginally in a recent deep-sea bulk booking being concluded yesterday. After observing a sharp rebound in prices during the first 3 weeks of October’19 amid numerous bookings witnessed, the prices have mostly remained stable in the last week.
News ID: 7305 Publish Date : 2019/10/31
The relative strength of China's steel markets has frozen its spot export sales, easing the glut in seaborne trade, but some Asian scrap market participants are not sure how long that absence will last, especially as China's slower winter demand season takes hold.
News ID: 6623 Publish Date : 2019/10/11
SteelMint learned from industry participants that Turkish imported scrap market has maintained silence so far this week with no fresh deal being reported in the market. Standoff situation between steelmakers and supplier yards extended further as a few steelmakers postponed their remaining August shipment bookings temporarily.
News ID: 5729 Publish Date : 2019/08/05
SteelMint learned from industry participants that Indian market has remained less viable for scrap imports for yet another week. Offer levels remained rangebound in very limited trades reported so far.
News ID: 5355 Publish Date : 2019/07/20
SteelMint learned from market participants that Indian imported scrap market has observed limited trades at corrected prices at the beginning of the week, however, very slow trade movement witnessed over the week to have more clarity about global scrap price direction and it is expected that prices could remain steady in the near term.
News ID: 3362 Publish Date : 2019/01/23
SteelMint learned from market participants that Indian imported scrap market observed increased inquiries on strengthening of Rupee against USD
News ID: 2773 Publish Date : 2018/12/01
Imported scrap market in Turkey observed fresh deal from USA with steel mills actively look for December and end-November shipments. However, participants maintained outlook of imported scrap prices bullish.
News ID: 2563 Publish Date : 2018/11/09