October 2016

DAILY SCRAP REPORT: Indices climb again with fresh European deal

Turkish scrap import prices continued to strengthen on Monday October 31 in line with the firm demand for material from the producers in the country.

Rising imported scrap prices push up Turkish auto bundle values, ship scrap stable

Turkish domestic auto bundle scrap prices continued to rise in line with the increasing imported scrap values, sources said on Monday October 31.

HIGHLIGHTS: Tata turmoil, Alacero-57, iron ore reaches 6-month high...

Editor Vera Blei reviews the main steel market news covered by Metal Bulletin over the past week.

WEEKLY SCRAP WRAP: Global scrap prices continue to rise

Global scrap prices continued to rise from Monday October 24 to Friday October 28 in line with strengthening coking coal, iron ore and billet prices and the buying spree driven by Turkish demand.

Indian import scrap prices accelerate on positive market sentiment

Prices for shredded ferrous scrap arriving in containers to India rose by $7.92 per tonne, while those for HMS-grade material increased by $3-5 per tonne this week, market sources told Metal Bulletin on Friday October 28.

Further rise in UK light iron scrap price imminent

The price for light iron scrap in the UK is expected to rise by at least £5 ($6) per tonne as of Monday October 31, sources told Metal Bulletin this week.

DAILY SCRAP REPORT: Turkish mills continue scrap purchases

Turkish steel producers continued their deep-sea scrap purchases from Baltic and European suppliers on Friday October 28, with prices seeing a slight fall.

Taiwan import prices for US scrap jump by up to $15 in ‘confusing’ week

Import prices for containerised HMS-grade ferrous scrap in Taiwan have surged this week as US suppliers upped their offers following high-priced bookings of Japanese bulk cargoes on the island last week.


The following Metal Bulletin non-ferrous European free market scrap prices changed on Friday October 28:

DAILY SCRAP REPORT: Turkish mills remain active in deep-sea markets, prices firm

Turkish scrap import prices remained firm on Thursday October 27 as steel mills in the country remained active in the deep-sea market.