Archive for ‘March, 2009’

30 results.

U.S. Scrap Market Price For Steel and Iron Continues to Drop

on March 7th, 2009 at 12:13 pm
Posted In: scrap metal prices

America’s scrap price drop further by US$30/lt As market demand kept weak, American scrap price is expected to decrease by US$20~ US$30/long ton. The current shred scrap price was US$210/long ton. The construction scrap price was US$215~220/long ton. And the price of heavy melting scrap was US$185 ~US$190/long ton. The new price of Heavy Melting […] ↓ Read the rest of this entry…

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Base Metal Summary March 6 2009

on March 6th, 2009 at 8:24 pm
Posted In: scrap metal prices

Base metals showed some another streak of hope for upside today, Shanghai copper rose for a fourth day on hopes domestic stockpiling would continue, while London was steady ahead of U.S. jobs data, having snapped a three-day winning streak overnight. But the decline in London and rise in Shanghai helped open the window again with […] ↓ Read the rest of this entry…

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Aluminum Can and Mill Pricing March 6 2009

on March 6th, 2009 at 2:45 pm
Posted In: scrap metal prices

Today’s Aluminum Pricing Information Based on today’s London Metal Exchange market, the retail price for used beverage cans is around $.25 per pound. The day’s wholesale price for mills is around $.40 per pound. The retail price refers to the amount charged to store customers, such as at a scrap metal buy-back center. The wholesale […] ↓ Read the rest of this entry…

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LME Aluminum Sees Continued Weakness

on March 5th, 2009 at 9:07 am
Posted In: scrap metal prices

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…

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American Scrap Metal Market Continues to Weaken

on March 3rd, 2009 at 3:39 pm
Posted In: scrap metal prices

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…

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EU AVERAGE CARBON STEEL PRICES – LATEST FORECASTS FROM MEPS

on March 2nd, 2009 at 2:15 pm
Posted In: scrap metal prices

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…

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