October 2019

WEEKLY SCRAP WRAP: Global scrap prices up on limited supplies

Global scrap prices in all the major markets recovered during the working week ended Friday October 18, boosted by lower material availability and rising Turkish import prices.

UK SCRAP: Light iron market cements steady trend

The inter-merchant spot market for UK-origin light iron scrap was steady in the week ended Friday October 18, extending a run of stability into a third week amid a recovery in European steel scrap export prices.

DAILY SCRAP REPORT: Mills book more scrap for November, prices steady

Turkish steel producers have continued their deep-sea scrap bookings for November shipments at steady prices, sources said on Friday October 18.

INDIA IMPORT SCRAP: Prices rise again on flurry of trading activity

Prices for ferrous scrap imported into India have moved up for the second week in a row following a series of deals completed at higher prices, sources told Fastmarkets on Friday October 18.

FASTMARKETS NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 18/10

The following Fastmarkets non-ferrous European free market scrap prices changed on Friday October 18:

ASIA FERROUS SCRAP: Turkey price uptick surprises buyers

Market participants in Asia were taken by surprise this week after price upticks in the bellwether Turkish scrap import market followed the United States' decision to once again double its tariffs on Turkish steel.

China adds nominal quantities to ferrous scrap import quotas

China granted small additional volumes of ferrous scrap import quotas for the remaining months of 2019 on Friday October 18.

China greenlights more copper scrap imports in fifth round of quotas

China has approved a fifth round of copper scrap import quotas to allow an additional 57,365 tonnes of copper scrap into the country by the end of this year, the environment ministry said on Friday October 18.

DAILY SCRAP REPORT: Mills resume November bookings, prices rise

Turkish steel producers restarted their deep-sea scrap bookings for November shipments at slightly higher prices, sources said on Thursday October 17.

FE Mottram restarts ferro-titanium production after six-month suspension - sources

British ferro-alloys producer FE Mottram, the biggest producer of ferro-titanium in Europe, has restarted production after a fire damaged its plant in April, according to an industry source.