October 2013

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday:

European secondary Al down as exports remain uncompetitive

European secondary aluminium ingot prices dipped on Friday October 11, with low spot demand meeting better supply as a weak dollar keeps export markets uncompetitive.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday:

Alex Stewart International expands to serve growing metal markets

Alex Stewart International has invested £1 million in new facilities in Liverpool, UK, in order to meet growing demand for the assaying services it provides to the global metal markets, md Graham Stewart told Metal Bulletin.

MILLING ABOUT: Sims appoints new ceo

Sims Metal Management has appointed Galdino Claro as its new ceo, chairman Geoff Brunsdon announced on Tuesday October 8.

Japanese scrap prices retreat again after recent gains

Japanese scrap prices have fallen again as the market struggles to cope with recent rises.

US domestic scrap markets settle on cues from Detroit mills

Scrap dealers and steel mills in Chicago and Indiana continue to look for direction on prime scrap prices for October, but other markets were quick to follow trends established by Detroit.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday:

Prices for 18/8 stainless steel scrap solids continue slide

Prices for 18/8 stainless steel scrap solids continued to fall this week in both the UK and Europe.

Al scrap stays steady in Europe after UK falls

Aluminium scrap prices in Europe stayed flat on Friday October 4 even after falling in the UK market over the past two weeks, and secondary aluminium producer margins remain under pressure.