Archive for ‘March, 2009’

30 results.

EU AVERAGE CARBON STEEL PRICES – LATEST FORECASTS FROM MEPS

on March 2nd, 2009 at 2:15 pm

With the economic crisis deepening, we forecast a further steel price reduction for the flat products sector in the short term. Customers are expected to continue de-stocking as demand during the first half of 2009 is likely to remain low. This could be exacerbated by potential problems with bank borrowings, delayed payments and expected bankruptcies, […] ↓ Read the rest of this entry…

American Scrap Metal Market Continues to Weaken

on March 3rd, 2009 at 3:39 pm

American scrap prices continued to decline. Because market of end product slump, coupled with sluggish export market demand for scrap, the steel scrap trading volume in both domestic and export market are fully subsided. On the other hand, scarp prices are not expected to drop due to tight supply. Since early February, scrap prices declined […] ↓ Read the rest of this entry…

LME Aluminum Sees Continued Weakness

on March 5th, 2009 at 9:07 am

When we mentioned December to be a nightmare for Aluminium, we probably should have guessed January would be no better. The nightmares will probably get more frightening in the next few months. Truly, January has been deadly for Aluminium as continued weakness in consumption across all key markets catalysed a continued decline in spot prices, […] ↓ Read the rest of this entry…