New scrap metal inspection rules take effect this May 17 2010 according to AMM. For complete article go to Scrap Metal Inspection Rules
WorldScrap- LME copper gained $29 on Monday and ended at $7,790 on optimistic sentiment while the warehouse stocks reduced 1,025 tons, bringing the total levels of 506,125 tons. SHFE copper declined and walked into fluctuation today. Contract 1006 closed at 60,290RMB/T, with loses of 890RMB/T. Range ran from 60,200RMB/T to 60,980RMB/T and Position reduced more […] ↓ Read the rest of this entry…
EU steel market on track for muted recovery As per www.eurofer.org – EUROFER’s Quarter 2-2010 report on the Economic and Steel Market Outlook 2010-2011 confirms that the EU steel market started 2010 on a positive note. EUROFER director general Gordon Moffat: “Improving business confidence has triggered some restocking, but so far inventories have remained well […] ↓ Read the rest of this entry…
MEPS – NORDIC AVERAGE STEEL PRICE UP 43 PERCENT IN PAST TWELVE MONTHS Most producers in Northern Europe have increased prices steeply and frequently in recent weeks. After a period of unprofitable operations, the mills are attempting to recover their rising raw material costs and build in some margin. End-users are not fully convinced by […] ↓ Read the rest of this entry…
Scrap Metal Prices – New Zealand UPDATED: 20th April 2010 Following Prices are in $/Kg ALUMINUM SCRAP – Cans 1.48 , Cast 1.73 , Clip 1.87 , Domestic 1.73 , Extrusion 2.04 , Irony 0.35 COPPER SCRAP – No 1 8.85 , No 2 8.46 , Domestic 8.07, Burnt 8.07 , Radiators 5.31, GUNMETAL – […] ↓ Read the rest of this entry…
Tisco to leave stainless steel prices unchanged - China’s Taiyuan Iron and Steel Company (Tisco) has announced to keep its stainless steel prices unchanged from the previous week. The company’s 304 CR price is prevailing atï¿¥26,120/ ton and 430 CR price is ï¿¥13,470/ ton. Taiwan’s stainless steel price to go up further in May – […] ↓ Read the rest of this entry…
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