Higher export prices of Japanese ferrous scrap prompted Japan's largest electric arc furnace mill to raise domestic collection prices today, marking the third increase in eight days.
News ID: 9644 Publish Date : 2020/05/31
The Turkish steel producers resumed their deep-sea scrap purchases after the post-Ramadan holiday break with prices going up, while demand in Asia was also firm during the working week ended Friday May 29.
News ID: 9623 Publish Date : 2020/05/30
This was the consecutive week, when billet import offers in the region remained stable. However, amid supply tightness, Turkish imported scrap price s are keeping the billet export market sentiments supported in the region.
News ID: 7411 Publish Date : 2019/11/08
SteelMint learned from market participants that a flurry of new fresh deep sea cargo bookings have concluded recently at increased prices, as the tightness in supply and hike in collection prices with winters approaching, is ensuring the continued rise in global offers since last 4 weeks, with the market expecting further correction in coming weeks.
News ID: 7354 Publish Date : 2019/11/05
SteelMint learned in recent conversations with industry participants that imported scrap offers to Pakistan and Bangladesh have further dropped this week, as Turkish scrap price s continuing to decline in recent deep sea cargo bookings.
News ID: 6450 Publish Date : 2019/09/11
As per new price circular released, Japan’s leading EAF mini-mill - Tokyo Steel has lowered its scrap purchase price by JPY 500/MT (USD 5) at all 5 of its plants today. This comes as the 2nd price lowering by the company in a week, while the new prices for all grades shall be effective from today (6th Sept'19).
News ID: 6413 Publish Date : 2019/09/06
Iron ore prices have surged since April, but this has had little impact on European ferrous scrap price s and is likely to provide only limited support in the coming two to three months.
News ID: 5435 Publish Date : 2019/07/23
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
Japan’s leading EAF steel mini-mill - Tokyo Steel observed another price cut for scrap purchase prices following a sharp drop in Japan's monthly scrap export Tender Kanto Tetsugen bids concluded today for Dec’18.
News ID: 2959 Publish Date : 2018/12/18
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