October 2021

TAIWAN STEEL SCRAP: Traders withhold offers amid price uptrend

Spot prices for imported containerized steel scrap into Taiwan continued on an upward trend this week amid strong demand and limited supply.

IN CASE YOU MISSED IT: 5 key stories from October 14

Here are five Fastmarkets stories you might have missed on Thursday October 14 that are worth another look.

Some copper scrap discounts fall in US; zinc, silicon price hikes hurt ingot makers

Discounts for some copper scrap grades fell this week while demand remained robust, whereas some red brass scrap prices softened over the week.

Mexico’s Ahmsa to cut gas consumption amid soaring costs

Mexican integrated steelmaker Altos Hornos de México (Ahmsa) has announced measures intended to reduce its consumption of natural gas after an increase in global prices.

UK STEEL SCRAP MONTHLY: Prices steady or higher for October deliveries

There was a mixed outcome in settlement negotiations for domestic steel scrap deliveries to UK steelmakers in October, with suppliers resisting downward pressure from consumers because of firm export markets, trade sources said on Thursday October 14.

DAILY STEEL SCRAP: Mills book more deep-sea cargoes, prices rise again

Turkish steel mills are continuing to book deep-sea scrap at higher prices, market participants told Fastmarkets on Thursday October 14.

ASIA STEEL SCRAP DIGEST: Bangladesh deep-sea import offers soar

Offer prices for deep-sea cargoes in Bangladesh jumped in the week ended October 14 amid bullish sentiment from United States sellers and good scrap demand in competing Asian import nations, sources told Fastmarkets.

EAF accident, global price spike fail to dent S Korean steel scrap demand

Demand for imported steel scrap in South Korea has continued to rise despite the closure of an electric-arc furnace (EAF) in the country and a sharp jump in prices from key supplier markets, sources said on Thursday October 14.

TITANIUM SNAPSHOT: Alloy price range widens upward but trading slow

Key data from Fastmarkets’ pricing session in Europe on Wednesday October 13.

DAILY STEEL SCRAP: Prices jump further with fresh deep-sea cargoes

Turkish steel producers continued to pay higher prices for deep-sea scrap cargoes on Wednesday October 13, market participants told Fastmarkets.