April 2021

DAILY STEEL SCRAP: Deep-sea prices edge down on news of midweek Baltic Sea booking

No deals were heard to have taken place in the Turkish scrap import market on Friday April 23, with activity quiet because of the Children's Day public holiday in Turkey.

UK STEEL SCRAP WEEKLY: Firm fundamentals push light iron market upward

The range for British domestic prices for grade-5C steel scrap widened in the week ended Friday April 23 on firm demand both at home and in export outlet regions, sources have told Fastmarkets.

SOUTH ASIA STEEL SCRAP: Coronavirus hits Indian market, material diverts to Pakistan

Prices for shredded steel scrap imported into the South Asia region inched downward on Friday April 23, with the rise in new cases of coronavirus infection bringing trading to a halt in India, and material being redirected to Pakistan, sources told Fastmarkets.

Novelis gains ASI certification at seven European aluminium sites

Global aluminium manufacturer and recycler Novelis has achieved Aluminium Stewardship Initiative (ASI) Performance Standard certification at seven of its European sites, ASI reported on Thursday April 22.

CHINA STEEL SCRAP: Prices unchanged amid stable demand

Prices for imported ferrous scrap in China were unchanged on Friday April 23 amid stable demand-and-supply fundamentals.

FOCUS: Ferro-titanium producers face scrap challenge on alloy price drop

European ferro-titanium producers are increasingly looking for feedstock alternatives, such as vacuum scrap, to tackle weaker alloy bid prices from consumers in the steel sector.

VIETNAM STEEL SCRAP: Prices increase on profitable downstream markets

Import prices for ferrous scrap in Vietnam rose further during the week to Friday April 24, due to the profitable downstream semi-finished and long steel markets, industry sources told Fastmarkets.

TAIWAN STEEL SCRAP: Sustained demand to support prices in near term

Sustained demand for containerized ferrous scrap imports in the key Taiwanese market should continue to support prices in the near term, market sources told Fastmarkets.

BANGLADESH STEEL SCRAP: Covid-19 oxygen crisis rocks steelmakers, shipbreakers

The Bangladeshi steel and shipbreaking sectors are facing huge difficulties in the face of mounting Covid-19 cases in the country amid reduced supplies of oxygen, sources told Fastmarkets.

FOCUS: Scrap spacecraft the next frontier of metals recycling

Space debris is poised to be the next frontier of recycling even while more companies attempt to make low Earth orbit safer for space industrial ecosystems.