January 2020

Mexican ferrous scrap prices largely stable amid negative sentiment

Mexican steel scrap prices changed little in the week ended Friday January 24, with market participants waiting to see a clearer definition of the international price trend.

DAILY SCRAP REPORT: Mills may cut production unless deep-sea bookings restart

The Turkish deep-sea scrap import markets have remained quiet since yesterday, with both sellers and buyers holding back from the markets, sources said on Tuesday January 28.

IN CASE YOU MISSED IT: 5 key stories from January 27

Here are five Fastmarkets MB stories you might have missed on Monday January 27 that are worth another look.

DAILY SCRAP REPORT: Market remains silent, sentiment still negative

Turkish steel mills held back from deep-sea scrap bookings on Monday January 27, amid talk that they would cut production or resume bookings soon, sources said.

WEEKLY SCRAP WRAP: Scrap prices continue to fall on weak demand [CORRECTED]

Global scrap prices trended downward during the working week ended Friday January 24 on limited demand that was a consequence of lackluster finished steel sales globally and the lunar new year holidays in East Asia.

TURKEY FERROUS SCRAP: Local prices down on falling import values

Domestic ferrous scrap prices in Turkey have continued to slip over the past week on falling imported scrap values, sources said on Monday January 27.

January copper scrap discount narrows; expected to stay flat until renaming in July

The discount for copper scrap imported into China has narrowed in January with the level expected to remain flat until the scrap renaming policy takes effect in July.

IN CASE YOU MISSED IT: 5 key stories from January 24

Here are five Fastmarkets MB stories you might have missed on Friday January 24 that are worth another look.

US aluminium scrap prices increase on offshore demand; A380.1 alloy price rises

Lingering demand from Asia caused prices for some aluminium scrap grades in the United States to climb again this past week despite the Lunar New Year holiday, celebrated January 24-30.

UK SCRAP: Light iron market consolidates gains, but pressures seen

The inter-merchant spot market for light iron scrap in the UK was steady in the week ended Friday January 24, but a drop in European export prices to traditional markets in Turkey and the Indian subcontinent may drag on British prices in the near term, sources told Fastmarkets.