March 2021

AMAG, Audi sign deal for closed-loop aluminium recycling

Aluminium cast and flat rolled products company Austria Metall AG (AMAG) has announced that it will collaborate with carmaker Audi Hungaria to ‘close the loop’ on aluminium recycling.

DAILY STEEL SCRAP: Fresh deep-sea cargo from US pushes up prices

Turkish deep-sea scrap import prices edged up further on Wednesday March 31 on news of a fresh US cargo, market participants told Fastmarkets.

TITANIUM SNAPSHOT: Higher scrap, lower alloy prices squeeze margins

Key data from Fastmarkets’ pricing session in Europe on Wednesday March 31.

Blister copper RC at 2-year high as Chinese demand drops

Blister copper refining charges (RCs) in China rose in March to their highest level since January 2019, with spot buying interest in the country decreasing.

CHINA STEEL SCRAP: Prices stable despite regional increases

Prices in the Chinese ferrous scrap import market remained stable in the week to Wednesday March 31, despite higher offers from sellers.

FASTMARKETS MB DAILY PDFs

Daily PDFs will be downloadable until Friday April 2. After that, because of the UK’s Easter holidays, the next daily PDF will be downloadable on Wednesday April 7.

MEXICAN STEEL FORUM: Residential sector to drive long steel construction usage - Gerdau

The residential construction and home improvement sectors are set to drive long steel consumption in Mexico this year, Gerdau Corsa chief executive office Fernando Pessanha said on Tuesday March 30.

Mexican steel scrap prices mostly stable at record highs

Mexican ferrous scrap prices were little changed in the week ended Friday March 26, with most grades remaining at high levels and market participants waiting for the next developments in the United States' market.

MEXICAN STEEL FORUM: No price crash from new capacity, end-users say

The price of finished steel was not expected to drop dramatically in Mexico after new capacity expansions come online in the country, executives with Mexican steel end-users said on Tuesday March 30.

DAILY STEEL SCRAP: Mills looking to sell more rebar before booking scrap

Turkish deep-sea scrap import prices edged up on Tuesday after firm offers from the Baltic Sea region, although many mills were looking to achieve further rebar sales in the export and domestic markets before purchasing more scrap, sources said on March 30.