May 2013

Falling international markets will drag European Al scrap prices down

European aluminium scrap dealers will make more material available in domestic regions in the coming weeks after prices in international markets fell due to regulatory changes and currency movements, sources told Metal Bulletin.

PRICING NOTICE: Metal Bulletin's titanium scrap specifications

Metal Bulletin prices European titanium scrap as per the specifications published below:

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 secondary aluminium ingot dips on thin spot sales

Metal Bulletin’s UK secondary aluminium ingot prices edged down on Wednesday May 22, as producers were forced to lower prices to secure business in an extremely quiet spot market, with most sales still confined to contracted deals.

DAILY SCRAP REPORT: Index down on stronger US dollar

The Metal Bulletin daily scrap index for HMS 1&2 (80:20) imports into Turkey continued to fall on Wednesday May 22, with mills struggling as the Turkish lira lost value against the strengthening US dollar.

China's copper scrap imports decline month-on-month and year-on-year

China's copper scrap import volumes declined by 3.2% month-on-month in April to 336,600 tonnes, official figures showed on Tuesday 21 May.

IRON ORE DERIVATIVES WRAP: OTC values edge down in quiet market

The iron ore swaps market saw prices edge down in a quiet market on Wednesday May 22.

Europe's supply of copper scrap still constrained despite metal price rebound

The rebound in copper prices since mid-April has not resulted in greater availability and looser pricing of copper scrap in Europe, market sources said.

US stainless scrap processors’ buying prices slide again

US stainless scrap processor buying prices have dropped with official nickel pricing, with processors looking toward the second half for a pickup, sources told Metal Bulletin sister publication AMM.

DAILY SCRAP REPORT: Index falls as Turkish mills await market stability

The Metal Bulletin daily scrap index for HMS 1&2 (80:20) imports into Turkey continued to fall on Tuesday May 21, as mills retreated from the market.