May 2013

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

UK 18/8 stainless scrap solids prices unchanged on low market activity

Prices for UK 18/8 stainless steel scrap solids went unchanged this week as traders reported low activity and dull market conditions.

US ferrous scrap export prices trend lower

US ferrous scrap export prices continued to trend lower this week, as market conditions for finished steel products remained bleak internationally.

DAILY SCRAP REPORT: Index remains at 3-year low

The Metal Bulletin daily scrap index for HMS 1&2 (80:20) imports into Turkey remained at a three-year low on Friday May 31.

European secondary Al ingot up as producers fight back

European secondary aluminium ingot prices rose sharply on the high end on Friday May 31, as some producers decided to refuse business at levels that offer no real margin over their production costs.

DAILY SCRAP REPORT: Index price tumbles to 3-year low

The Metal Bulletin daily scrap index for HMS 1 & 2 (80:20) imports to Turkey fell to a three-year low on Thursday May 30, on sluggish demand from Turkish steel mills.

MB’s NEXT 100: The major importance of minor metals

As part of Metal Bulletin’s Next 100 series of articles looking at the future of the metals and mining industries, Anthony Lipmann, md of Lipmann Walton & Co, ponders the future for minor metals.

HOTLINE: UK metal theft operations bear fruit

Police forces across the UK have reported a big fall in the number of metal thefts after a series of operations to tackle the problem over the past two years.

DAILY SCRAP REPORT: Turkish mills set to book cargoes in next two weeks

Turkish mills were expected to book more scrap in the next two weeks, but demand is expected to be weak compared with the corresponding period last year, sources said on Wednesday May 29.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

The following MB UK non-ferrous scrap and foundry ingot prices changed on Wednesday: