Posted on July 3rd, 2009 by admin
US scrap price to Taiwan increases
As scrap local price increased in US market, the export scrap price increased as well. This week, the price of scrap (80:20) to Taiwan has increased to C&F US$297/ton by US$7~9/ton from previous C&F US$288~290/ton. Some Taiwan’s mills have accepted the price at C&F US$295/ton to import scarp from US, which is about NT$150/ton higher than Taiwan’s domestic price.
Japanese H2 scrap average price increases last week
Last week, Japanese H2 scrap average price in the Kanto region, Central Japan and Kansai region was at ¥23654/ton, increasing by ¥450/ton compared with the previous week. The average price has risen for successive three weeks. Specifically, H2 scrap price in the Kanto region was ¥24,750/ton, up by ¥417/ton; that in central Japan was ¥22480/ton, up by ¥600/ton; and the price in Kansai region was ¥23733/ton, up by ¥333/ton.
Turkish scrap prices to soar
Turkish domestic and import scrap prices sharply went up recently in line with more demands of both export and domestic markets. Turkish buyers are replenishing their stocks, which has pushed scrap prices edging higher. America offered Turkey US$270/ton for scrap and US$290/ton for shredded scrap. Moreover, the black sea scrap offer has heightened to US$295/ton in the Turkish market this week. Although the rebar price benefits from increasing scrap price, the demand nevertheless remains weak. The current rebar price is US$490/ton in the Turkish market.
courtesy www.yieh.com
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Posted on July 2nd, 2009 by admin
In order to maximize scrap metal recycling profits on wire cable you need to strip the insulation. Depending on your location in the world, the difference in price for insulated copper wire and stripped copper wire (bare brite) can approach a $1 per pound. See Copper Prices to see current copper scrap metal prices.
When you are losing close to a dollar per pound for your copper cable its worth it to strip the cable to obtain bare brite copper pricing. This also goes for aluminum cable as well. Cable insulation strippers or choppers come in many shapes and sizes. Make sure you get the correct model for your recycling application.
Copper and aluminum cable and wire strippers for sale can be found by going to the source listed below.
Copper Wire Stripping Machines For Sale
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Posted on July 2nd, 2009 by admin
Today’s Aluminum Pricing Information
Based on today’s London Metal Exchange market, the retail price for used beverage cans is around $.40 per pound. The day’s wholesale price for mills is around $.55 per pound. The retail price refers to the amount charged to store customers, such as at a scrap metal buy-back center. The wholesale price describes the amount paid by large sheet mills buying large quantities of used beverage cans.
Disclaimer:
* Wholesale Prices shown are indicative prices only, and are not an offer to buy from Alcoa or its representatives.
* Prices are for used aluminum beverage cans in bales or briquettes in truckload lots delivered to aluminum sheet mills in the USA.
* Quality specifications are subject to the unique requirements of each mill.
* Retail Prices are indicative prices only, and are not an offer to buy from Alcoa or its representatives.
* Prices are for loose or flattened used aluminum beverages cans delivered to local scrap buyers.
* Quality and prices will vary by region and sellers are advised to consult with local scrap buyers for specific market conditions.
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Posted on July 1st, 2009 by admin
AUCTION
event # 7286 – General Commodities @ Marianas US Naval Forces, Guam. Ends July 6, 2009 at 5pm EST
lots include:
* LOT (APPROX 9420 LBS) ALUMINUM POLES 7′X2″, ADJUSTABLE POLES
* Numerous lots consisting of sealand containers
* LOT (APPROX 12420 LBS), COPPER WIRE, CUT 4′ LENGTH 1 1/ 2 DIAMETER STANDARD WIRE HEAVY DUTY INSULATION
Many more lots are up for auction!
For more information or to bid on this as well as other scrap auctions go to BID HERE for Scrap Materials For Sale by Auction go to event calendar and look for current auctions (auction 7286).
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Posted on June 30th, 2009 by admin
Auction event 7246 and 4424 for Computers and Office Equipment. Auction ends July 6, 2009 at 5pm EST.
Many large lots consisting of over 1 million pounds (1,000,000 lbs) of computer monitors, skids of printers, computer and offie equipment, and other computer electronic equipment
Many more lots are up for auction!
For more information or to bid on this as well as other scrap auctions go to BID HERE for Scrap Materials For Sale by Auction go to event calendar and look for current auctions (auction 7246).
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Posted on June 30th, 2009 by admin
Dongkuk Steel settles scrap price with Japan
Korean Dongkuk Steel purchased H2 scrap from Japan at C&F ¥27,200/ton, a bit higher than previous ones. Currently, H2 scrap base price was ¥25,000 to 25,500/ton. On the other hand, American scrap prices are expected to rise again in July on increased demand and tight supply.
Russian scrap exports dive by 81.8% in first three months
Russian scrap exports down by 81.8 percent to 292,000 tons from January to March. Among them, export was 85,000 tons in January, 91000 tons was in February, and 116,000 in March. During the first three months, export to Spain totaled 91,000 tons, down by 57.3 percent than the same time of last year; 66,000 tons went to Korea; 31,000 tons went to China, up by 69.1 percent; 28,000 tons went to Germany, up by 30.7 percent from the same time of last year.
Source: www.yieh.com
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Posted on June 30th, 2009 by admin
68 PERCENT OF MEPS STEEL PRODUCT PRICES IN DEVELOPING MARKETS GO POSITIVE IN JUNE
Until mid-June, Turkish long product quotations exhibited some stability. Since then, domestic offers have risen due to supply-side issues and upward movements in semi-finished and scrap values. Local demand remains subdued though. Sentiment in the flat products segment has improved. Erdemir has responded with new basis prices and has curbed its discounts. There is still a scarcity of some flat products but any shortfall has been covered by imported material. Prices have not yet firmed to a level that would justify an expansion of production.
Underlying demand continues to be restrained in the UAE, despite significant reductions in inventory levels. Transaction values have started to edge higher in June. However, the poor trading conditions in Europe could threaten these gains. There are growing fears that both CIS and other European producers will once again start to target the Gulf State. It has taken more than eight months to reduce quayside stocks to manageable levels.
Sentiment amongst flat product producers in India is improving. There is growing evidence that underlying demand is recovering. Shipments to auto fabricators as well as capital goods and white goods manufacturers are starting to pick up. In contrast, there has been a softening in long product prices owing to a decline in input costs. Steel majors have once again lobbied the Government for the imposition of safeguard and anti-dumping duties on imports. The Ministry is reviewing the situation and the steelmakers have been asked to moderate any price increases.
Trading activity in the CIS markets is on the rise. Russian and Ukrainian steelmakers are now favouring selling billets and slabs instead of finished products, as the world market is now saturated with the latter. Domestically, Russian mills are enhancing their production capacity due to an improvement in shipments to the automotive and construction sectors. The Russian majors are now recommissioning blast furnaces. In contrast, for the foreseeable future, half of their Ukrainian counterparts’ steelmaking units are expected to stand idle.
Trading conditions in South Africa are still mediocre. Service centres are now restricting their stock levels and looking to improve their cash positions. Buyers on the other hand are wary of acquiring too much material. There has been a stark contrast in the producers’ responses to the deteriorating market conditions. ArcelorMittal SA (AMSA) has raised its June long and flat product basis values. Highveld has opted to take a different stance. The mill announced that it would be keeping domestic basis prices for all its steel products unchanged for June and July. Cape Town Iron & Steel Works (Cisco) has also left its prices unaltered for June but has announced an increase for July orders.
Sentiment in the Brazilian steel market has improved but real demand continues to be subdued. This month, the Ministry of Commerce announced it would re-impose import tariffs on various steel products. As expected, these have been welcomed by local mills. The Mexican steel sector has continued to struggle. Deteriorating economic conditions and financing constraints are still stifling demand. Sentiment is weak owing to soft shipments to the manufacturing and construction industries and falling transaction values. However, sales volumes of long products are expected to pick up towards the end of the year. This should be supported by a series of recently announced highways, dams and port facility projects.
Source: http://www.meps.co.uk/MarketHighlights06.09.htm
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Posted on June 30th, 2009 by admin
Auction event 7284 Fired Steel Term Contract @ Ft. Knox, KY . Auction ends July 7, 2009 at 5pm EST. Sample lots are described below:
LOT (50, 000 LBS) APPROXIMATEL Y, IRON AND STEEL UNPREPARED, INCLUDES: 120MM BASE PLATE, 25MM SHELL IN SELF DUMPING HOPPERS AND LOOSE ON THE GROUND
Many more lots are up for auction!
For more information or to bid on this as well as other scrap auctions go to BID HERE for Scrap Materials For Sale by Auction go to event calendar and look for current auctions (auction 7284).
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Posted on June 29th, 2009 by admin
Auction event 4522 – Ammo Cans and Containers. These lots are for large quantities of ammo cans and containers for sale by auctions end June 25 at 5pm EST. Sample lots are described below:
Sample lots include:
* LOT (16) PLTS (3104) APPRX MILITARY 30 CAL AMMO CANS, SZ EA 3. 75″ X 11″ X 7″H,
* LOT (48) PLTS, (5760) APPROX AMMUNITION CANS, MODEL M19A1
* LOT (16) PLTS (1536) APPRX MILITARY REGULAR 50 CAL AMMO CANS, SZ EA 5. 5″ X 11″ X 7. 5″H,
Many more lots are up for auction!
For more information or to bid on this as well as other scrap auctions go to BID HERE for Scrap Materials For Sale by Auction go to event calendar and look for current auctions (auction 4522).
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Posted on June 29th, 2009 by admin
Auction Event 7277 for the sale of Irony Aluminum & Shredded Aluminum Term Contracts @ AL, AZ & FL – Ends TODAY
Example lots include:
LOT (150, 000) LBS APPROX SHREDDED ALUMINUM FROM MILITARY ELECTRONICS, PRIMARILY CONSISTING OF ALUMINUM MATERIAL WITH SOME FERROUS AND NON FERROUS MATERIAL
LOT (800000 LBS. )APPROX. IRONY ALUMINUM. INCLUDING, BUT NOT LIMITED TO, SHAVINGS AND TURNINGS, HUBS, HOUSINGS, FANS, TUBES, AND OTHER VEHICULAR PARTS AND ATTACHMENTS
LOT (150, 000 LBS)IRONY ALUMINUM INCLUDING BUT NOT LIMITED TO SHAVINGS AND TURNINGS, HUBS, HOUSINGS, FANS, TUBES, AND OTHER VEHICULAR PARTS AND ATTACHMENTS
For more information or to bid on this as well as other scrap auctions go to BID HERE for Scrap Materials For Sale by Auction go to event calendar and look for current auctions (auction 7277).
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Posted on June 26th, 2009 by admin
The US scrap market remains strong as shredded scrap prices rose to USD 236 per tonnes. HMS I prices are around $193 per ton and bushelings are around $240 per ton
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Posted on June 26th, 2009 by admin
Auction event 7193 – Demil B Wrecked Aircraft @ Nellis AFB, NV – BID DEPOSIT REQUIRED
LOT (437, 000LBS) APPROX WRECKED AIRCRAFT: CONSISTING OF: 7 EA PREDATORS, 7 EA F-15 S, 5 EA A-10 S, 4 EA F-16 S, 2 EA HH-60 HELICOPTERS, AND 1 EA F-18. METAL CONTENT TO INCLUDE BUT IS NOT LIMITED TO: ALUMINUM, STEEL, TITANIUM AND COPPER WIRING AND SOME ELECTRONICS WITH FERROUS AND NON-FERROUS ATTACHMENTS AND SOME FIBERGLASS. MAJORITY OF PROPERTY IS STORED LOOSE ON GROUND
LOT (24, 000 LBS) APPROX WRECKED AIRCRAFT ENGINES: CONSISTING OF: 16 EA JET ENGINES 1 EA PALLET OF TITANIUM A-10 ARMOR PLATES: JET ENGINES ARE F-15′S PRATT & WHITNEY F-100-100, F-16′S GE F-110-GE-100 AFTER BURNING TURBOFAN, F-18′S GE F404-GE-402 TURBOFAN, AND A-10′S GENERAL ELECTRIC TF34-GE-100A TURBOFANS
For more information or to bid on this as well as other scrap auctions go to BID HERE for Scrap Materials For Sale by Auction go to event calendar and look for current auctions (auction 7193).
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Posted on June 26th, 2009 by admin
Japanese H2 scrap average price continue climbing
During the fourth week of June, the average price of H2 scrap in Japanese Kanto region, middle part and Kansai region was ￥23,204/ton, up by ￥1,400/ton from previous week.
The H2 scrap price in Kanto region increased by ￥1,500/ton to ￥24,333/ton, and the price increased by ￥1,200/ton to ￥21,880/ton in the middle region, and meanwhile the price in Kansai region was ￥23,400/ton, an increase of ￥1,500/ton compared to the last week.
www.yieh.com
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Posted on June 25th, 2009 by admin
London Metal Exchange 2009 seminar Information
Building on last year’s record attendance with over 500 delegates from around the world, the 2009 LME Metals Seminar will be held on Monday 12 October 2009 at the Queen Elizabeth II Conference Centre, Westminster, London.
GET A 4 WEEK FREE TRIAL TO LMElive HERE
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Posted on June 25th, 2009 by admin
LME base metal prices rise on Wednesday
In detail, nickel price increased sharply by US$890/ton to US$15,550/ton. Zinc price was up by US$92/ton to US$1,611/ton. Copper price increased by US$250/ton to US$5,055/ton.
Aluminum price raised by US$55/ton to US$1,660/ton, while lead price was up by US$87/ton to US$1,705/ton. Besides, tin price also increased by US$155/ton to US$14,750/ton.
Source www.yieh.com
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