November 2021

Turkish steelmakers quiet in deep-sea scrap import markets, struggling with weak lira

Turkish steelmakers were mostly quiet in the deep-sea scrap import markets following a sharp decline in the country’s currency value, market participants told Fastmarkets on Tuesday November 16.

German steel scrap prices rise in November on tight supply, strong demand

German steelmakers have settled their monthly steel scrap contracts for November at higher prices, sources told Fastmarkets on Tuesday November 16.

China loses appetite for scrap imports on bearish domestic market

Prices for steel scrap imported into China tumbled on Tuesday November 16 after Chinese mills lowered domestic scrap purchase prices further, market sources said.

Five key stories from November 15

Here are five Fastmarkets stories you might have missed on Monday November 15 that are worth another look.

Sir Brian Bender, former LME chairman, dies at 72

Sir Brian Bender, chairman of the London Metal Exchange for almost a decade, has died at age 72.

Turkey's domestic auto bundle scrap prices up on weaker lira; ship scrap steady

Turkey's domestic auto bundle scrap prices have increased due to a weakening lira, while ship scrap prices have been largely stable, market participants told Fastmarkets on Monday November 15.

Turkish steelmakers book more scrap cargoes for December

Turkish steel producers made three deep-sea scrap cargo bookings for December shipment on Monday November 15, market participants told Fastmarkets.

South Korea's LS Nikko to recycle 50,000 phones, targeting copper, precious metal recovery

South Korea's copper smelter LS Nikko is diversifying its raw-materials portfolio by smelting circuit boards in mobile phones collected across the country, the company said on Monday November 15.

Waste Shipment Regulations set to promote circular economy, not ban scrap exports – European Aluminium

Revisions to the European Union's Waste Shipments Regulation (WSR) are intended to promote and encourage investment into the circular economy as well as to provide further protection to developing countries from the transfer of hazardous waste, executives from European Aluminium told Fastmarkets during an exclusive interview on last week.

Five key stories from November 12

Here are five Fastmarkets stories you might have missed on Friday November 12 that are worth another look.