December 2016

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES 02/12

All MB non-ferrous European scrap prices were unchanged on Friday December 2.

DAILY SCRAP REPORT: Turkish mills to resume scrap purchases for January soon

Turkish steel producers extended their absences from the deep-sea scrap markets on Friday December 2, leaving prices unchanged since the end of last week.

Taiwan’s import scrap prices bounce back on China’s push

Import prices for containerised HMS-grade ferrous scrap in Taiwan have resumed the upward trend seen during most of October and November, following a two-week drop.

Shagang cuts scrap purchase price amid induction furnace ban

Government instructions to halt the use of scrap-based induction furnaces in east China’s Jiangsu and Shandong provinces have led local mills including Shagang to lower their purchase prices for the steelmaking raw material.

China AM: Ferrous futures down amid orders to cut emissions

China’s ferrous futures retreated during the morning session on Friday December 2 amid pressure from measures to cut emissions being implemented by two provinces.

DAILY SCRAP REPORT: Turkish mills extend silence in deep-sea markets

Turkish scrap markets continued to remain quiet on Thursday December 1, with no market activity expected before next week, sources said.