December 2016

UK monthly scrap prices rise amid export market increases

December’s UK monthly ferrous scrap prices have increased by £5-10 ($6-13) per tonne month-on-month depending on grade, market participants said on Friday December 9.

WEEKLY SCRAP WRAP: Turkish market awaits for January bookings, US coasts take split paths, Taiwanese prices up amid tight supply, Indian prices down

Turkish steel producers were struggling to start their January bookings due to poor demand for finished steel, which has caused a lull in the US East Coast market over the past week.

Shredded scrap import prices in India fall by $6 in quiet market

Prices for containerised shredded scrap imports to India have fallen by $6.20 per tonne this week, while prices for HMS-grade material remained stable, sources told Metal Bulletin on Friday December 9.

DAILY SCRAP REPORT: Turkish steel producers out of scrap markets amid weak finished steel demand

The Turkish scrap import market extended its silence on Friday December 9 although the country’s mills were still expected to come back in for January bookings, Metal Bulletin has heard.

Taiwan’s scrap prices continue to rise on limited availability

Metal Bulletin’s import price assessment in Taiwan for USA-origin HMS 1&2 (80:20) scrap was $246-252 per tonne cfr for the week ended Friday December 9, Metal Bulletin has heard.


The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday December 9:

DAILY SCRAP REPORT: Market awaits January bookings from Turkish mills

The Turkish scrap import markets are still waiting for mills to return to the deep-sea sector for January cargoes, Metal Bulletin was told on Thursday December 8.

DAILY SCRAP REPORT: Indices flat on renewed lack of trade activity

The Turkish scrap import market went quiet again on Wednesday December 7 after the news of two European cargoes booked for January earlier in the week.


The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday December 7:

DAILY SCRAP REPORT: Turkish mills return to deep-sea markets for January

Turkish steel mills broke their silence in the deep-sea scrap markets, with two European deals heard on Tuesday December 6.