As reported by Commodity Online: Steel market is on a slide with almost all producing countries witnessing a fall in prices. India and Vietnam reported a slide in steel prices in the past few weeks. Vietnam’s domestic steel makers recently have raced to lower the steel prices although the peak construction season starts because the […] ↓ Read the rest of this entry…
U.S. scrap prices are expected to fall in November Due to weak demand in domestic and export market, U.S. scrap prices in November are expected to fall by $24-39/ton, based on different areas. Angle scrap price in the eastern coat market is expected to decrease by US$39/ton to US$251-261/ton, while H1 scrap prices will reduce […] ↓ Read the rest of this entry…
As reported by yieh.com – Japan’s scrap prices have rebounded. Korean DongKuk Steel purchased H2 scrap from Japan at ￥24,000/ton. Tokyo steel also has lifted up the scrap purchasing prices at its four subsidiaries by ￥1,500-2,500/ ton in order to secure the stock amount. Their current offers vary between ￥24,500-26,000/ton. Traders predict that other small […] ↓ Read the rest of this entry…
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