February 2013

US Global Steel Dust seeks site in southern USA

U.S. Global Steel Dust, a recycler of electric-arc furnace dust, plans to break ground on a greenfield facility in the United States in the next few months, chief operating officer Barry Hamilton told Metal Bulletin sister title AMM.

DAILY SCRAP REPORT: Index falls with fresh trades

The Metal Bulletin daily index for HMS 1&2 (80:20) scrap fell on Thursday February 21, following fresh deals into Turkey.

Group Galloo restructures organisation; md steps down

European scrap metal company Group Galloo has announced that its 53 branches in Belgium, France and the Netherlands will be united under a single umbrella entity, named Galloo.

Indonesian scrap importers stay away from HMS cargoes

Indonesian scrap importers and traders are staying away from dealing with heavy melting scrap (HMS) due to obstacles for such imports.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

Titanium scrap prices down on plentiful supply, weak demand

Titanium scrap prices fell on Wednesday February 20, as supply remains plentiful and demand has yet to return, market participants told Metal Bulletin.

UK secondary aluminium ingot prices rise on continental pressure

UK secondary aluminium ingot prices rose on Wednesday February 20, under pressure from the tight scrap market and European ingot prices, after the stronger euro saw export prices rise above domestic UK levels.

DAILY SCRAP REPORT: MB index rises to four-week high

The Metal Bulletin daily index for HMS 1&2 (80:20) scrap continued to increase strongly on Wednesday February 20, on fresh trade into Turkey.

DAILY SCRAP REPORT: MB index up $8.54 to three-week high

The Metal Bulletin daily index for HMS 1&2 (80:20) scrap rose sharply on Tuesday February 19.

VIDEO: UK aluminium scrap market tightens

The UK's aluminium scrap market has tightened drastically over the past few weeks, leading to price increases of as much as 15% this year as buyers desperately seek raw material.