Archive for ‘MEPS’

104 results.

Stainless Steel Output Growth Continues with China Leading the Way

on February 1st, 2012 at 1:30 pm
Posted In: Chinese Metal Market, MEPS, stainless steel prices

February 12, 2012 Bloomberg reports – Outokumpu Oyj (OUT1V)’s purchase of ThyssenKrupp AG (TKA)’s stainless steel unit will establish the world’s leading producer of the alloy… In other news: Official figures for global crude stainless steel production in 2011 are estimated to have reached another all-time high total of 32.05 million tonnes, 3.1 percent above […] ↓ Read the rest of this entry…

Steel Billet Market Asia

on January 31st, 2012 at 2:00 pm
Posted In: MEPS, Steel Prices, Steel Scrap Metal Prices

January 31, 2012 In China, trading volumes softened ahead of the country’s week-long national holiday. Local traders were reluctant to procure material, in view of the low seasonal demand for finished steel products. Most intend to hold conservative inventory levels in February. Several billet producers opted to temporarily halt production as a result. Price growth […] ↓ Read the rest of this entry…

Ferrous Scrap Market Roundup for Asia

on January 30th, 2012 at 4:30 pm
Posted In: MEPS, scrap metal news, scrap metal prices

January 30, 2012 Steel Guru reports – JMB states that ferrous scrap market price would decrease around Tokyo. In other news: In China, market confidence was unsettled by weak demand for finished steel products. Local mills reduced their purchasing prices ahead of the country’s week-long national holiday. Collection rates were downgraded as a result. Looking […] ↓ Read the rest of this entry…

Carbon Steel Prices Could Increase in US

on January 18th, 2012 at 1:30 pm
Posted In: MEPS, Steel Prices, Steel Scrap Metal Prices, US scrap metal prices

January 18, 2012 MEPS International reports that hot rolled coil buying activity in the US increased ahead of the recent price hikes but delivery lead times have not extended to any great degree as supply is plentiful and real consumption is sluggish. Nevertheless, the figures in MEPS December edition of the International Steel Review are […] ↓ Read the rest of this entry…

Ferrous Scrap Prices Increased in December Globally Dec 23 2011

on December 23rd, 2011 at 3:30 pm
Posted In: MEPS, scrap metal news, scrap metal prices

December 23, 2011 Global ferrous scrap transaction values in December were supported by tight supply and moderate end-user demand. Price growth transpired in twelve of the thirteen domestic markets surveyed by MEPS (International) Ltd. In China, average provincial quotations increased. Domestic scrap traders are forecasting transaction values to stabilise in the period to the “Chinese […] ↓ Read the rest of this entry…

Steel Billet Market Roundup Dec 20 2011

on December 20th, 2011 at 3:00 pm
Posted In: MEPS, scrap metal news, Steel Prices, Steel Scrap Metal Prices

December 20, 2011 In China, average provincial billet transaction values were stable in December. Bearish dealers are forecasting buying activity and selling figures to weaken next month, due to the proximity of the Gregorian calendar New Year and Chinese New Year festival. Most have reacted cautiously to the central bank’s decision to reduce the deposit […] ↓ Read the rest of this entry…