Posted on May 31st, 2010 by admin
Today Shanghai copper opened low and bottom closed. Contract 1009 closed at 55,050 points, down by 740 points, or 1.33%, trading at 55,040 to 55,800, positions increased 10,100 hands, turnover rose slightly.
On the spot market, the Yangtze River 1 # electrolytic copper 55,350-55,450 RMB/T, down by 80 RMB/T; Shanghai 1 # copper 55,400-55,680 RMB/T, down [...]
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Posted on May 31st, 2010 by admin
Taiwanese stainless steel mills cut price for June
Affected by the plummeting nickel price, Yieh United Steel Corp. (Yusco) announced to cut the stainless steel domestic price and exported price by NT$1,000-4,500/ton and US$80-150/ton for June, respectively.
Yusco decided to decrease the domestic price for 300 series and 400 series by NT$4,500/ton and NT$1,000/ton for June [...]
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Posted on May 31st, 2010 by admin
WorldScrap- spurred by the decreasing risk of Spain credit and the worry about the EU debt crisis, London Metal Exchange (LME) showed that zinc futures closed high, on 28th, and finally closed at 1,925 points, down by 10 points, or 0.52%. LME stockpiles, on Friday, dropped 750 tons, totally to 619,000 tons.
Shanghai zinc opened [...]
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Posted on May 31st, 2010 by admin
China Steel Corp. raises wire rod prices
China Steel Corp. (CSC) has announced the new prices for bar and wire and they only slightly raised prices for high and medium carbon wire rod considering the acceptability of downstream users and Infrastructures development.
CSC’s wire rod prices averagely go up by NT$1,777/ton, and the increase of high [...]
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Posted on May 30th, 2010 by admin
Here is a list of of scrap metal for sale by auctions for the week of May 31, 2010. This weeks auctions include:
1. Over 2,000,000 pounds of Steel
2. Over 400,000 pounds of Mixed Metal
To bid on these auctions go to the scrap metal for sale auction listings below:
Bid Now on Surplus Steel!
Surplus Mixed Metals – [...]
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Posted on May 30th, 2010 by admin
/Rusmet.ru, Victor Tarnavskiy/ Ukrainian exporters decrease the prices in Europe and in Middle East. Chinese suppliers do that in Eastern Asia. In late May even the largest Chinese companies had to reduce export quotations for HR steel to $680-700 per ton FOB. The other suppliers offer these products at much lower prices. Smaller steel suppliers [...]
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Posted on May 30th, 2010 by admin
May 29, 2010 – Reuters has published base metal and scrap metals prices in rupees per tonne at the Bombay Metal Exchange:
METALS – Copper wire bars (HCL*), Aluminum ingots, Zinc slab, Lead ingot, Tin, Nickel , Cathode
SCRAP – Copper cable scrap, Copper heavy scrap, Copper armeture, Copper utensil scrap, Copper sheet cutting, Brass utensil scrap, [...]
Filed under: india metal prices, india scrap metal prices, scrap metal market watch | No Comments »
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