May 2013

DAILY SCRAP REPORT: Scrap import prices into Turkey fall

The Metal Bulletin daily scrap index for HMS 1 & 2 (80:20) imports to Turkey fell further on the back of freshly traded cargoes into the country on Wednesday May 15.

UK secondary aluminium ingot prices flat; sales confined to contracts

UK secondary aluminium ingot prices remained flat on Wednesday May 15, with the overwhelming majority of business confined to contract sales as scrap tightness continued to discourage producers from seeking spot sales.

International scrap prices fall in May

The price of scrap has fallen on international markets over the past month, as a result of low demand from mills.

Import taxes, duties hit India's scrap importers hard

India's decision to impose further taxes on scrap moving into the country is a blow to importers, who are already struggling with increased international competition and high scrap costs.

DAILY SCRAP REPORT: Turkish mills look for cheaper scrap from Romania

Turkish mills were looking for lower prices from Black Sea scrap suppliers, but suppliers were trying to resist further decreases, sources told Metal Bulletin sister title Steel First on Tuesday May 14.

Aurubis sees copper supply tightness shifting from concentrates to scrap

Aurubis experienced a looser supply of copper concentrates in the first half of its fiscal year as mine supply picked up pace, leading to a 10% increase in realised treatment and refining charges (TC/RCs) during the period.

UK domestic stainless scrap prices rebound $30

Domestic prices for stainless scrap material in the UK rose for the first time in almost two months on Friday May 10.

LORD COPPER: The future of aluminium

A couple of weeks ago, Metal Bulletin published a piece by Jethro Wookey looking at the cloudy future for European primary aluminium production.

DAILY SCRAP REPORT: Turkish mills may turn to Russia for scrap supplies

Turkish mills may book Black Sea-region scrap material this week, as Russian scrap suppliers came back from a long holiday period, sources said on Monday May 13.

UK domestic scrap prices fall month-on-month

UK domestic scrap prices fell for May settlement compared with April, tracking falling international prices for scrap.