October 2021

IN FIGURES: China’s minor metals exports and imports in September 2021

A summary of China’s minor metals exports and imports for September 2021

IN FIGURES: China's base metal imports in September

A summary of China’s base metal imports in September 2021, according to Chinese customs data released on Wednesday October 20.

ASIA STEEL SCRAP DIGEST: S Korea focuses on Japanese market amid deep-sea rise

A sharp rise in deep-sea import prices across Asia has led to South Korean buyers considering Japanese scrap deals this week, market sources told Fastmarkets on Friday October 22.

TAIWAN STEEL SCRAP: Large spreads with bulks, pre-winter restocking could mean more price increases, sources say

The exceedingly wide spread with bulk scrap cargoes and upcoming winter months could mean more price increases for containerized scrap cargoes in key import market Taiwan, industry sources told Fastmarkets on Friday October 22.

BANGLADESH STEEL SCRAP: Markets surge amid growing buy-side desperation

A growing desperation for steel scrap imports at Bangladeshi steel mills has led to a sellers’ market for bulk and container cargoes, boosting prices sharply, sources told Fastmarkets.

VIETNAM STEEL SCRAP: Falling Chinese futures temper bullish sentiment

Import prices for steel scrap in Vietnam increased this week amid high offers for both American and Japanese materials, although falling ferrous futures in China in the past two days have tempered some of the bullishness.

DAILY STEEL SCRAP: Mills continue booking deep-sea cargoes

Turkish steel mills have continued their deep-sea scrap bookings with two Venezuelan cargoes, market participants told Fastmarkets on Thursday October 21.

PRICING NOTICE: Amendment to name for Japan export Shindachi steel scrap price

Fastmarkets has modified the name of one of its Japan steel scrap export prices to clarify the exact grade being assessed in the market.

ASIA STEEL SCRAP DIGEST: Taiwanese buyers continue to purchase at higher prices

Buyers in Taiwan continued to purchase containerized scrap cargoes at higher prices on Thursday October 21 amid bullishness in the spot market, sources said.

Stainless scrap prices continue rebound in US

The 300-series stainless steel scrap prices in the United States continued to rise this week on the heels of the London Metal Exchange cash nickel price climbing well over the $9-per-lb mark.