September 2013

DAILY SCRAP REPORT: Turkish mills looking for more October cargoes

The Metal Bulletin daily index for HMS 1&2 (80:20) steel scrap delivered to Turkey fell again on Monday September 30 as more fresh trades were reported.

Japanese scrap prices up

Japanese domestic scrap prices rallied in the fourth week of September after falling in the previous week.

MB NON-FERROUS EUROPEAN SCRAP PRICE CHANGES

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

DAILY SCRAP REPORT: Index jumps on fresh cargoes sold to Turkey

The Metal Bulletin daily index for HMS 1&2 (80:20) steel scrap delivered to Turkey jumped by almost $3 on Friday September 27, driven by a clutch of cargoes transacted at higher prices.

Copper scrap discounts flat, dealers said to be ‘sitting on metal’

Bare bright copper supply is loosening in the US markets, but haggling over prices has led dealers to hang on to the metal, copper scrap consumers and sellers have told Metal Bulletin sister title AMM.

Lead scrap prices tumble on supply glut

Most free-market lead scrap prices fell this week as an ongoing supply glut and lower exchange prices began to take a toll on the market, market participants said.

A380 producers fighting price pressure

Secondary aluminium alloy prices remained relatively steady over the past week, although a number of market participants said they had heard rumors of sellers beginning to give in to downward price pressure.

MB 3rd STEEL SCRAP CONF: Turkish mills eye scrapyards in USA, EU

Turkish steel mills are considering buying scrapyards in the USA and the European Union, according to Turkish Iron & Steel Producers Assn secretary general Veysel Yayan.

MB NON-FERROUS UK SCRAP AND FOUNDRY INGOT PRICE CHANGES

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

MB 3rd STEEL SCRAP CONF: Russian scrap exports 'could end by 2017'

Scrap exports from Russia will cease by 2017 if the country’s finished steel market remains strong, Metal Bulletin sister title Steel First has been told.