November 2016

DAILY SCRAP REPORT: Daily indices flat on weak Turkish demand

Turkish steel producers remained out of the deep-sea scrap markets on Wednesday November 30, sources told Metal Bulletin.

MESSE 2016: Aluminium billet 2017 offer prices drive buyers towards spot market

High producer offer prices for 2017 aluminium billet are driving consumers to increase their exposure to the spot market instead of booking long-term tonnages, buyers told Metal Bulletin at the MESSE 2016 conference in Düsseldorf on Wednesday November 30.


The following Metal Bulletin UK non-ferrous scrap and foundry ingot prices changed on Wednesday November 30:

Turkish scrap imports up to 12.92m tonnes in Jan-Sep, TUIK says

Turkish scrap imports increased by 7.23% year-on-year to 12.92 million tonnes in January-September, mainly on rising electric arc furnace (EAF) output, according to the Turkish Statistical Institute (TUIK).

DAILY SCRAP REPORT: Turkish scrap sector quiet as market awaits clear direction

The Turkish scrap import sector remained quiet on Tuesday November 29, as participants awaited clearer signs of a market direction, sources told Metal Bulletin.

CHINA ALUMINIUM INGOT ADC 12 SNAPSHOT: Price rallies on new buying interest

Key data from the Tuesday November 29 pricing session in Shanghai.

Shagang raises scrap purchase price by $9 per tonne

China’s largest ferrous scrap consumer Shagang raised its purchase price for the steelmaking raw material over the weekend.

Feng Hsin rolls over rebar, scrap prices after fortnight of cuts

Taiwan’s Feng Hsin Steel has left both its domestic ferrous scrap purchase prices and its rebar selling price unchanged after two consecutive weeks of cuts.

DAILY SCRAP REPORT: Turkish scrap market quiet, recovery expected

Turkish scrap import prices remained stable on Monday November 28 as mills in the country stayed out of the deep-sea market at the beginning of the week.

Turkish domestic ship scrap prices slide on weak lira, auto bundle stable

Turkish domestic auto bundle scrap prices remained stable over the past week, while the ship scrap prices fell slightly amid weakening lira, sources said on Monday November 28.