World Steel Association Chairman Paolo Rocca said that global steel demand will rise by 11 percent in 2010 along with strong demand in North America. Rocca said that AHMSA, ArcelorMittal, and Brazilian Gerdau, will expand their investment in Mexico. The total investment is estimated to reach US$10 billion. According to the report of World Steel […] ↓ Read the rest of this entry…
The board of the nation’s largest trade association for recyclers today laid out a roadmap addressing the growing problem of the improper export of end-of-life electronic scrap. In voting unanimously to approve a new, aggressive policy to protect health, the environment and worker safety, the Board of Directors of the Institute of Scrap Recycling Industries, […] ↓ Read the rest of this entry…
The scrap price has kept raising in global steel market, the new updating U.S.’s 80:20 container scrap offer price to Taiwan is US$450/ton (C&F). According to www.yieh.com , Some traders expect the scrap price will jump to US$500/ton (C&F) in next month. Actually, for 80:20 container scrap offer price, since the seller has offered US$420/tpm […] ↓ Read the rest of this entry…
Event 7655 – Bidding begins on March 30, 2010 Lot 6350 – 400, 000 lbs (approx) weight of iron and steel scrap, loose on ground with some mixed foreign attachments located bldg 260 Warehouse Road, Pensacola N. A. S. , Florida – Pensacola, FL Lot 7200 – LOT (600, 000LBS) APPROXIMATELY OF HEAVY STEEL WITH […] ↓ Read the rest of this entry…
Copper Prices in China Continue To Fall Due to the decline in the credit of Portugal and its promotion on the value on U.S. dollar and reduction in the European credit, the London Metal Exchange (LME) showed that copper futures continued to fall down on the 24th and finally closed at 7,345 points, down by […] ↓ Read the rest of this entry…
Eurofer has updated their scrap metal prices page on their website to show February 2010 scrap prices as well as historical scrap prices back to 2000. Price index data for demolition scrap metal, new arisings and shredded scrap metal are shown. The page can be found at Eurofer Scrap Metal Prices Index Page The EUROFER Scrap Price Index […] ↓ Read the rest of this entry…
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