October 2013

DAILY SCRAP REPORT: Index inches up on fresh US cargo into Turkey

The Metal Bulletin daily index for HMS 1&2 (80:20) steel scrap delivered to Turkey inched up on Friday October 4 with a fresh deal from the USA.

MMTA turns down membership applications from CWT, Pacorini

The Minor Metals Trade Assn (MMTA) has turned down applications for membership from warehousing companies CWT Commodities and Pacorini Metals, on the grounds that they are part of groups that include trading companies.

US scrap trading picks up after Detroit mills keep bids unchanged

Domestic ferrous scrap trading in the US Midwest picked up momentum on Wednesday October 2 after steel mills in the Detroit region entered the market.

DAILY SCRAP REPORT: Index flat on lack of trade

The Metal Bulletin daily index for HMS 1&2 (80:20) steel scrap delivered to Turkey remained steady on a lack of fresh trades on Thursday October 3.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

UK Al scrap prices under pressure

UK aluminium scrap prices are under significant downward pressure as unfavourable exchange rate movements have rendered most non-European export markets uncompetitive, while low London Metal Exchange prices continue to provide further impetus on the downside.

DAILY SCRAP REPORT: Turkish scrap import prices hit rock-bottom

The Metal Bulletin daily index for HMS 1&2 (80:20) steel scrap delivered to Turkey slipped by almost $1 on Wednesday October 2 as a Turkish mill booked a fresh European cargo.

DAILY SCRAP REPORT: Index up on more scrap deals into Turkey

The Metal Bulletin daily index for HMS 1&2 (80:20) steel scrap delivered to Turkey rose slightly on Tuesday October 1 as mills in the country continued to make bookings.

Japanese scrap exports down in August

Japan’s scrap exports fell 11.6% to 643,000 tonnes in August, marking the fourth consecutive month of year-on-year falls.