Posted on March 12th, 2010 by admin
WorldScrap- by the pressure of fund selling, London Metal Exchange (LME) future aluminum mildly lowered on 10th ended the continuing rising. And it finally closed at 2,225 points, down by 30 points or 1.33%. Stockpiles on Wednesday, LME aluminum stocks fell by 5,150 tons, and totally fell to 4,527,825 tons.
Today, Shanghai aluminum opened low, contract [...]
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Posted on March 11th, 2010 by admin
Prices Keep Growing, Let’s See What’s Next
It is a month already passed after Chinese New Year but situation in the steel market here didn’t become clear. An expected reviving after the holidays did not happen so the demand remains rather low. Time to time rumors about further hardening of government credit and investment policy are [...]
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Posted on March 9th, 2010 by admin
WorldScrap- Due to the lack of liquidity in the market, the London Metal Exchange (LME) future aluminum priced down from the highest price on the 8th March. The last price ended with a little higher at 2233 points, up by 8 points or by 0.36%. On Monday, Stockpiles of LME copper inventories fell by 6,225 [...]
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Posted on March 8th, 2010 by admin
08/03/10 Chinese Spot Prices for scrap metals in USD per ton
Motor copper $7,343
#1 Bare Bright $7,943
Shred Taint $1,850
Shred Tense $1,879
#1 Nickel $23,143
Shred Zinc $2,057
304 SS Sabot (18-8) $1,957
Lead $1,929
HMS $360
AOO Al Ingot $2,314
Shred SS (Ni = 7.8~8.0%) $2,000
Steel-making Pig Iron $399
Casting Pig Iron $421
Source www.worldscrap.com
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Posted on March 5th, 2010 by admin
According to www.commodityonline.com - Global copper prices recovered in European trade Friday as China signaled it would maintain its economic stimulus, supporting hopes that demand from the world’s top consumer of industrial metals would remain firm.
However, trading was slow ahead of crucial U.S. payrolls data expected to show a big loss of jobs due to [...]
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Posted on March 2nd, 2010 by admin
02/03/10 Chinese Spot Prices for scrap metals – prices are in USD per ton
Motor copper $7,329
#1 Bare Bright $7,871
Shred Taint $1,843
Shred Tense $1,872
#1 Nickel $21,571
Shred Zinc $1,979
304 SS Sabot (18-8) $1,886
Lead $1,914
HMS $360
AOO Al Ingot $2,286
Shred SS (Ni = 7.8~8.0%) $1,957
Steel-making Pig Iron $399
Casting Pig Iron $421
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Posted on February 24th, 2010 by admin
24/02/10 Chinese Spot Prices for scrap metals – prices are in United States Dollars per Ton
Motor copper $7,143
#1 Bare Bright $7,686
Shred Taint $1,857
Shred Tense $1,886
#1 Nickel $21,786
Shred Zinc $1,992
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 Iron $421
Source www.worldscrap.com
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