Scrap Metal Prices

Metallurgical companies from China and other East Asian countries are returning to the market after the two-week New Year vacation by Chinese calendar. During the vacation flat steel prices in the USA and Middle East countries significantly grew and European manufacturers announced the increase in the Q2. At the same time, just before the holiday […] ↓ Read the rest of this entry…

26/02/10 Chinese Spot Price – prices are in USD per ton Motor copper $7,143 #1 Bare Bright $7,686 Shred Taint $1,843 Shred Tense $1,872 #1 Nickel $21,786 Shred Zinc $1,978 304 SS Sabot (18-8) $1,843 Lead $1,914 HMS $360 AOO Al Ingot $2,300 Shred SS (Ni = 7.8~8.0%) $1,914 Steel-making Pig Iron $399 Casting Pig […] ↓ Read the rest of this entry…

As reported by MEPS – Trading activity in Turkey has been sluggish in February. A few local long product steelmakers have opted to downgrade their production. The decision was taken after poor orders for construction steels were received. In the flat product segment, Erdemir raised its basis list values in early February. Observers had expected […] ↓ Read the rest of this entry…