Spot prices for steel scrap imported into Taiwan continued to trend up on Thursday December 7 due to bullish sentiment in major importer Turkey, which has led to suppliers in the US raising their offers to Taiwan.
07 December 2023
Tianran Zhao
Turkish steel mills continued to be absent from the deep-sea ferrous scrap import market on Wednesday November 6 amid surging scrap offers and a slow price increase of domestic finished steel, sources told Fastmarkets.
06 December 2023
Aameer Sayed
Indian containerized steel scrap import prices continued to be high on Tuesday November 5 following a surge in scrap prices in the key Turkish deep-sea import market, Fastmarkets has heard.
05 December 2023
Aameer Sayed
The Turkish deep-sea import market for steel scrap remained quiet on Tuesday December 5, with mills unwilling to accept current offer prices while they assessed domestic steel demand, Fastmarkets heard.
05 December 2023
Ross Yeo
Spot prices for steel scrap imported into Taiwan picked up further on Tuesday December 5. US suppliers targeted higher prices amid the global uptrend, according to market sources.
05 December 2023
Tianran Zhao
The consumption of steel scrap in the United Arab Emirates (UAE) was expected to rise sharply in the coming years amid expansions in steelmaker capacities to feed greater steel demand in the country, Fastmarkets has heard.
04 December 2023
Lee Allen
The Turkish deep-sea scrap import market was quiet on Monday December 4 after three bookings were made on Friday last week from the US and Europe at noticeably higher prices, Fastmarkets has heard.
04 December 2023
Aameer Sayed
Domestic scrap prices in Turkey increased during the week to Monday December 4, in line with rising import prices, sources told Fastmarkets.
04 December 2023
Serife Durmus
Prices for European secondary aluminum were stable on the week to Friday December 1, consolidating previous gains supported by relatively tight supplies of both ingot and scrap and steady export demand in Asia, although overseas buying interest has weakened since late November, trade sources told Fastmarkets.
04 December 2023
Declan Conway
High-grade copper scrap discounts in November were at their narrowest since December 2022 despite a spike in copper prices on the London Metal Exchange, while copper blister refining charges (RC) moved lower, Fastmarkets heard.
04 December 2023
Carman Chew
