The price range for light iron scrap in the UK widened upward during the week to Friday September 17, with major processors seeking to attract enough feedstock into their yards to keep their scrap-processing machines working cost-effectively, trade sources have said.
17 September 2021
Declan Conway
Global scrap prices diverged in the week to Friday September 17, with the Asian and US scrap markets reporting gains, while Turkey tried to recover the previous weeks’ losses in its most recent purchases.
17 September 2021
Lee Allen, Jessica Zong, Paul Lim, Carrie Bone, Amy Hinton, Alice Li
Prices for shredded steel scrap imports into Pakistan erased gains made in the previous week on Friday September 17, while Indian scrap remained rangebound, sources told Fastmarkets.
17 September 2021
Carrie Bone
Turkish steel mills continued to replenish their scrap stocks at the end of the week with another deep-sea booking, taking the total to six, market participants told Fastmarkets on Friday September 17.
17 September 2021
Cem Turken
Steelmakers in South Korea have been priced out of the deep-sea scrap market following deals by mills in Vietnam and Bangladesh over the past week, sources told Fastmarkets on Friday September 17.
17 September 2021
Lee Allen, Jessica Zong, Paul Lim, Alice Li
Growing congestion at southern California ports is disrupting loading and unloading activities, thereby restricting ferrous scrap shipments to Taiwan and further boosting prices, sources told Fastmarkets this week.
17 September 2021
Paul Lim
Demand for ferrous scrap imports among Vietnamese steelmakers surged in the week to Friday September 17 amid healthy order books for billet exports.
17 September 2021
Paul Lim
Imports of aluminium scrap into the United States fell by 6.22% month on month to 62,949 short tons in July compared with 67,130 short tons the month prior after a rise in deliveries of used beverage cans (UBCs) was outweighed by a drop in volumes of industrial and other aluminium scrap, according to the latest data from the US Commerce Department.
16 September 2021
Sean Barry
Growing domestic and international demand for copper scrap has reduced discounts in the copper scrap market in the United States.
16 September 2021
Thorsten Schier
The largest steelmakers in Bangladesh were largely out of the market for containers of steel scrap on Thursday September 16 following recent deep-sea cargo bookings, market participants have told Fastmarkets.
16 September 2021
Lee Allen
