December 2012

2012 REVIEW: A difficult year for the ferrous scrap trade in China

For Chinese ferrous scrap traders, 2012 proved to be a challenging year. Prices remained under pressure and fell for almost three quarters of the year.

NOTE TO SUBSCRIBERS: No daily newsletters on January 1, 2

Due to public holidays at the start of 2013, Metal Bulletin will not send any of our regular daily newsletters on January 1 or January 2. This includes the Daily Metal, Daily Steel and China Daily newsletters, as well as any daily corporate emails. Normal service will resume on Thursday January 3.

Turkish mills book more scrap from the USA

Turkish mills have booked two scrap cargoes from US sources.

FORECAST: Zinc and lead producers to enjoy stronger premiums in 2013

Zinc and lead producers will enjoy stronger premiums on contract business with European clients in 2013, while spot terms may also improve amid demand from physical and financial buyers, sources told Metal Bulletin.

SE Asia's scrap prices continue to climb amid shortage of offers

Ferrous scrap prices in Southeast Asia are expected to continue their upward momentum this week, supported by a shortage of offers.

Chinese ferrous scrap prices rise this week

Chinese domestic scrap prices increased this week, as steel mills returned to the market for restocking.

Turkish domestic scrap prices remained stable this week

Turkish domestic scrap prices mostly remained unchanged last week over the previous week thanks to steady imported scrap offers into the country, local producers told Metal Bulletin sister title Steel First.

US East Coast bulk ferrous scrap export prices to Turkey rise

A fresh round of higher-priced bulk ferrous scrap export sales from the US East Coast to Turkey has placed a more positive spin on near-term export prices.

Global scrap volumes, values made 2011 a record year, says ISRI

Global scrap metal exports were valued at $124.8 billion in 2011, marking a “banner year for global scrap demand”, the Institute of Scrap Recycling Industries (ISRI) said in a report.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

The following MB non-ferrous European free market scrap prices changed on Friday: