July 2021

GLOBAL FERRO-SILICON SNAPSHOT: US market continues climb on supply shortages

Key data from Fastmarkets’ pricing sessions in the United States, China and Europe for the week ended Friday July 23.

STEEL SCRAP WRAP: Seasonal slowdown sends down prices in major markets [CORRECTED]

The Turkish steel mills continued to limit their deep-sea scrap bookings in the week ended Friday July 16 due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.

STEEL SCRAP WRAP: Markets remain subdued, trading limited

Global scrap prices remained broadly stable over the week to Friday July 23; trading remains subdued due to public holidays and a resurgence of Covid-19.

UK STEEL SCRAP WEEKLY: Light iron market consolidates higher

The inter-merchant light iron scrap market in the United Kingdom was steady in the week to Friday July 23, consolidating small gains from the previous week amid strong domestic fundamentals, despite quiet export sales to key destinations such as Turkey and the Indian subcontinent, sources told Fastmarkets.

SOUTH ASIA STEEL SCRAP: Markets steady on slow trading

Prices for shredded steel scrap imports into Pakistan and India were stable on Friday July 23 due to slow trading and public holidays, sources told Fastmarkets.

COPPER CONCS SNAPSHOT: Smelters well-supplied; fewer miners' offers on spot

Spot copper concentrate processing charge rose to its highest level since June last year, with the market firming up levels after a month of volatility.

DAILY STEEL SCRAP: Market ends week in silence

Turkish steel mills remained absent from the market on Friday July 23 having booked no new scrap cargoes this week due to the Eid al-Adha public holidays in the country.

CIS PIG IRON: Market down on low demand among steelmakers

Export prices for pig iron from the Commonwealth of Independent States went down during the week to Thursday July 22 on low demand. Steelmakers were not active in the market, with only small-volume sales being made to distributors and foundries.

IRON ORE DAILY: Prices edge down on weaker demand

Iron ore prices edged down on Friday July 23 amid weaker demand.

Henan floods cause disruption in China alumina market

China's alumina price has risen after severe floods in Henan province led to the closure of several local refineries, market sources told Fastmarkets.