December 2021

Import scrap prices down in India on thin demand, Pakistan prices stable

Prices for import scrap in India and Pakistan diverged in the week ended Friday December 31.

Mills remain quiet in steel scrap import markets

Turkish steelmakers remained silent in deep-sea steel scrap import markets on the last day of the year due to festivities, sources told Fastmarkets on Friday December 31.

Vietnam's scrap import market meets year-end lull

Vietnam’s scrap import market experienced thin trading this week amid the year-end festive season.

Taiwan's scrap prices continue downward trend

Spot prices for imported containerized ferrous scrap in Taiwan continued to trend down in the week to Friday December 31 amid weak demand caused by the year-end lull.

Turkish steel mills silent in deep-sea scrap markets

Turkish steel producers were mostly quiet in the deep-sea scrap import markets after transactions at lower prices earlier in the week, market participants said on Thursday December 30.

Plenty at play for US ferrous scrap market: 2022 preview

Fastmarkets looks at some of the dynamics that could come into play in 2022 for the US ferrous scrap market.

Bangladesh turns to containerized over bulk scrap amid slow steel markets

Bangladeshi mills have opted to focus on securing containers of steel scrap over the past week rather than larger bulk tonnages amid slow finished steel markets and holidays in major bulk supplier nations, sources told Fastmarkets on Thursday December 30.

Five key stories from December 29

Here are five Fastmarkets stories you might have missed on Wednesday December 29 that are worth another look.

Consolidation in US scrap market will continue: 2022 preview

A quest to lock up shredded and prime grades of ferrous scrap in the United States went into high gear in 2021.

Turkish deep-sea scrap import prices down on latest bookings

Turkish deep-sea scrap import prices have weakened in the latest transactions heard on Wednesday December 29.