December 2016

DAILY SCRAP REPORT: Turkish mills continue buying spree for January

Turkish steel producers remained active in deep-sea markets on Tuesday December 20, and booked four deep-sea cargoes, sources told Metal Bulletin.

Feng Hsin raises rebar prices by almost $20

Taiwan’s Feng Hsin Steel has increased its purchase prices for domestic ferrous scrap by NT$200 ($6) per tonne and its selling price for rebar by NT$600 ($19) this week, amid costlier scrap imports.

DAILY SCRAP REPORT: Turkish steel mills continue January bookings, prices up

Turkish scrap import prices continued to climb on Monday December 19, on news that fresh deals for deep-sea cargoes were signed at the end of last week.

Turkish domestic auto bundle price ticks up, ship scrap steady

Turkish domestic auto bundle scrap prices went up slightly, while the price of ship scrap remained comparatively stable over the past week, sources said on Monday December 19.

European secondary aluminium ingot prices rise as demand, primary prices strengthen

Secondary aluminium ingot prices firmed in Europe last week amid solid consumer demand and strong aluminium prices on the London Metal Exchange.

HIGHLIGHTS: China's WTO complaint, HDG trade case in EU, coking coal prices down...

Latin America editor Ana Paula Camargo reviews the main global steel market news covered by Metal Bulletin over the past week.

WEEKLY SCRAP WRAP: Turkey looks to Europe for January cargoes, Taiwan imports hit $255 per tonne, US market quiet

Turkish and Taiwanese scrap import prices continued to climb this week as Turkish mills return to the deep-sea market for European cargoes, while the tight supply in the US West Coast kept pushing Taiwanese prices.

Stand-off in Indian import scrap market as Turkish deals push offers higher

The price of containerised shredded scrap arriving in India rose by $5.97 per tonne this week, while HMS material narrowed upwards, market sources told Metal Bulletin on Friday December 16.

Italian domestic scrap prices rise in December

Prices for domestic ferrous scrap in Italy have increased in December, following the upward trend in the international market, market sources told Metal Bulletin.