Mining News Pro - Global ferrous scrap market witnessed downward trend in prices for all major markets yet again.

Tuesday, March 17, 2020 - 12:57:23 PM

Visit: 1181

Mining News Pro - Global ferrous scrap prices observe softening in almost all major markets on weak demand this week except East Asia. Turkey steelmakers booked a single cargo, however, Japanese scrap prices observe marginal correction in the monthly Kanto monthly export tender. Chinese scrap prices lowered successively on sharp fall in Iron ore prices with three price cuts announced for domestic scrap purchase by Shagang Steel.

Tuesday, August 13, 2019 - 2:38:56 PM

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Mining News Pro - Major global scrap markets observed price correction on weak demand globally. Turkish steel mills booked cargoes at lowered prices amid subdued steel demand. Japan`s monthly Kanto tender for Apr`19 fetched bids lower by USD 15 against last month.

Monday, April 15, 2019 - 2:23:42 PM

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Mining News Pro - This week observed softening trends in major global scrap markets on weak demand.

Sunday, November 18, 2018 - 11:59:31 AM

Visit: 1521

Mining News Pro - This week observed softening trends in major global scrap markets. Turkish scrap importers continued booking cargoes for Nov-Dec shipments at marginally corrected prices.

Wednesday, November 14, 2018 - 12:46:15 PM

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Mining News Pro - This week observed mixed sentiments as majority of markets reported slight decline in offers, except Japan where domestic prices still continued to remain strong.

Monday, October 15, 2018 - 10:27:22 AM

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Mining News Pro - This week observed ‘stable to strong’ prices mainly in global scrap markets like USA, Turkey and South East Asia.

Tuesday, October 9, 2018 - 12:17:35 PM

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Mining News Pro - This week observed stability in Turkish prices amid few more deals concluded for Oct-Nov shipments.

Friday, October 5, 2018 - 2:26:32 PM

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Mining News Pro - This week observed further increase in prices in deals concluded by Turkish scrap importers amid tight supply.

Tuesday, September 25, 2018 - 4:30:10 PM

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Mining News Pro - This week observed more cargoes being booked by Turkish scrap importers at slightly higher prices.

Monday, September 17, 2018 - 7:57:36 AM

Visit: 1144

Mining News Pro - This week observed increase in Turkish imported scrap prices with several deep sea cargoes getting booked. This pushed up prices in other markets like India, Pakistan and Bangladesh. However Japanese scrap prices softened and South Korea`s Hyundai Steel continued with individual negotiations rather than placing bids. Shagang Steel scrap purchase prices remained unaltered.

Wednesday, September 12, 2018 - 12:34:49 PM

Visit: 1021

Mining News Pro - This week observed mix trends in global imported scrap market. Activities slowed down on account of holidays for religious festival Eid-al-Adha in Turkey

Monday, August 27, 2018 - 6:12:34 PM

Visit: 1011

Mining News Pro - Turkey- world`s largest scrap importer observed few deals at sharply declined prices.

Tuesday, August 21, 2018 - 11:23:36 AM

Visit: 1015

Mining News Pro - South Korea’s Hyundai Steel skips Japanese scrap bids, books bulk cargo - South Korea’s leading EAF steelmaker - Hyundai Steel has suspended its bids for all grade of Japanese scrap for almost three consecutive weeks amid sufficient inventories and ample numbers of contracts in hand. Hyundai Steel seems not interested to accept the price expectations from Japanese scrap suppliers which have moved up due to rising domestic scrap prices in major regions like Kanto and Gulf in Japan.

Wednesday, August 8, 2018 - 10:33:49 AM

Visit: 1352

Mining News Pro - This week observed mixed trends in Global scrap prices again. Japanese scrap prices turned strong in both local and export markets. While diverting supply over stricter regulations from Vietnam to other Asian markets put offers under pressure. Sellers remained optimistic about price recovery with initiation of September shipments in Turkey in upcoming days. Chinese Shagang Steel kept scrap purchase prices unchanged.

Monday, July 30, 2018 - 11:07:12 PM

Visit: 1057

Mining News Pro -This week the largest importer- Turkey witnessed a flurry of August shipment bookings at lower prices however dull demand in its finish steel market remains a concern for steel mills. South Korean steelmaker Hyundai Steel kept bids unchanged for imports of Japanese scrap. Improving sentiments in Japan’s domestic scrap market pushed Tokyo Steel to raise purchase prices at its three western Japan plants after keeping them unchanged for almost three months. Taiwan based importers continued bookings at stable prices. Indian market remained calm on seasonal slowdown and weak domestic steel prices. Bangladesh steel mills witnessed limited deals at slightly corrected prices. Pakistan based importers booked few deals at sharply corrected prices amid improved buying interest. Chinese Shagang Steel kept scrap purchase prices unchanged.

Wednesday, July 18, 2018 - 10:27:58 AM

Visit: 1003

Mining News Pro - This week witnessed mix trends in various key scrap markets. Largest importer- Turkey remained silent awaiting corrections in offers on sluggish finish steel demand. South Korean market turned optimistic about improving demand. Hyundai Steel increased bids for high grade Japanese scrap by USD 9/MT resulting in Japanese export offers to move up further. While Tokyo Steel did not make any price revision in Japan. Taiwan based importers booked several deals at increased prices. Indian market remained subdued on sharp fall in domestic steel prices. Bangladesh steel mills resumed few deals at slightly corrected prices. Pakistan based importers stood less active on increased electricity tariffs and fuel prices. Chinese Shagang Steel kept scrap purchase prices unchanged.

Monday, July 9, 2018 - 1:26:19 PM

Visit: 1032

Mining News - This week global ferrous scrap market remain abuzz with several deep-sea cargo bookings in Turkey. Importers in India remained silent on currency depreciation and in Bangladesh turned inactive on fall in steel prices. Hyundai Steel kept bids unchanged for Japanese scrap. While Tokyo Steel did not make any revision in Japanese scrap prices.

Tuesday, July 3, 2018 - 1:11:52 PM

Visit: 951