August 2013

DAILY SCRAP REPORT: Black Sea scrap attracts Turkish buyers

Turkish steel mills were almost done with September delivery scrap bookings, Metal Bulletin sister title Steel First was told on Friday August 23.

Egyptian mill strike diverts US scrap cargo to Turkey

A strike at a steel mill in Egypt has benefited at least one North American scrap exporter after a vessel carrying 50,000 tonnes of ferrous scrap was diverted to a mill in Turkey for a higher price.

DAILY SCRAP REPORT: Turkish market quiet after spate of August bookings

The Metal Bulletin index for HMS 1&2 (80:20) scrap material continued to fall as mills in Turkey slowed down their scrap purchasing, Metal Bulletin sister title Steel First heard on Thursday August 22.

METAL BULLETIN DAILY PDF: No downloadable Daily PDF on Tuesday August 27

Due to the UK Bank Holiday on Monday August 26, there will be no downloadable Daily PDF on Tuesday August 27.

US stainless scrap prices rise on higher LME nickel prices

US stainless scrap demand has strengthened this week, reportedly spurred by an increase in nickel prices, although some processors question whether the price rise will continue.

UK secondary aluminium market sees fresh consumer enquiries

UK secondary aluminium prices stayed flat on Wednesday August 21, with producers expecting higher prices in the next few weeks after reporting fresh enquiries from consumers returning from holiday.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

DAILY SCRAP REPORT: Turkish mills almost done with September bookings

The Metal Bulletin index for HMS 1&2 (80:20) scrap material once more slipped slightly on Wednesday August 21, with fresh trades heard earlier this week.

LETTER TO METAL BULLETIN: Response to South African scrap article

This letter refers to the Metal Bulletin article "South Africa's scrap, foundry industries face sweeping changes", published on August 15.

Weakening rupee hits Indian scrap market again

Scrap trade into India slowed down again after a short-lived recovery in the past week, Metal Bulletin sister title Steel First was told on Tuesday August 20.