Cautious Buying Pulls Down Imported Scrap Prices in Pakistan
Mining News Pro - Imported scrap Offers to Pakistan have plummeted over the last week, following a downturn at global levels as well as low bids and general disinterest from the buyers` side. This week, the buying activates remained the slowest among the last 4-5 weeks, although few odd bookings were concluded. Sudden currency depreciation also remained a concern.
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Visit: 1069
Imported Scrap Prices in Containers Fall in Recent Trades in SE Asia
Mining News Pro - Imported Scrap offers to South Asia have been moved down considerably over the span of last one week, with the conclusion of several bulk cargoes to Bangladesh as well as Pakistan, pulling the tradable price level further low. Continuation of the severe container shortage has resulted in limited offers in containers from global suppliers, while high freight charges have made buyers cautious for fresh bookings.
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Visit: 973
Indian Imported Scrap Trades Pick Up Despite Hike in Offers
Mining News Pro - Imported scrap trades to India witnessed considerable improvement this week, with decent bookings being witnessed after slow activity in the previous couple of weeks. Offers from global origins continued to rise sharply, however buyer’s inquiries remained active, as mills looked to book some material in anticipation of further price hike.
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Visit: 734
Turkey: Imported Scrap Prices Continue Downtrend in Latest Deals
Mining News Pro - Imported scrap prices to Turkey continue to move down further, as another couple of deals concluded recently were confirmed today. Buyers in Turkey were already bidding at lower price levels since the last few days, while continued weak steel sentiments suggest that further downslide in offers are expected in the coming days.
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Visit: 914
South Korea: Imported Scrap Offers from Russia Up by 15-20 USD
Mining News Pro - Russian scrap offers to South Korea increased significantly, according to recent release reports. Offers to South Korea up by USD 15-20/MT as against last week, however, no fresh bookings at these levels have been concluded as yet.
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Visit: 1164
Indian Imported Scrap Market Silent on Subdued Finish Steel Sales
Mining News Pro - SteelMint learned from market participants that imported scrap market in India remained on sidelines for yet another week.
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Visit: 1229
Bangladesh: Imported Scrap Trades Pick Up Amid Rising Inquiries
Mining News Pro - SteelMint learned in conversation with industry participants that imported scrap market in Bangladesh has observed few trades however trade sentiments have started to improve.
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Visit: 1374
Turkey: Imported Scrap Prices Move Up in Recent Trade from US
Mining News Pro - Imported scrap prices in Turkey have moved up by USD 5-6/MT W-o-W basis, following a recent deal concluded for US cargo. US scrap supplier sold HMS (80:20) at USD 341/MT, CFR Turkey.
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Visit: 1249
Indian Imported Scrap Market Standstill on Approaching Festive Holidays
Mining News Pro - SteelMint learned from market participants that imported scrap market in India has turned quiet ahead of approaching local festive ‘Diwali’ holidays.
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Visit: 916
South East Asia Imported Scrap Markets Observe Thin Trades
Mining News Pro - SteelMint learned from industry participants that imported scrap markets in major South East Asian countries like Vietnam, Indonesia and Thailand have witnessed slowdown in activities pulling scrap prices marginally down as compared to last week.
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Visit: 996
Bangladesh: Imported Scrap Market Observes Limited Trades
Mining News Pro - SteelMint learned in recent conversations with industry participants that imported scrap market in Bangladesh has observed improving buying interest as compared to earlier weeks.
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Visit: 1551
Bangladesh: Imported Scrap Market Silent; Prices Range Bound
Mining News Pro - SteelMint learned in recent conversations with industry participants that imported scrap market in Bangladesh has slowed down on dull sentiments in local steel market.
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Visit: 1071
Pakistan: Imported Scrap Demand Subdued; Local Market Remains Slow
Mining News Pro - On uncertainties about hike in electricity power tariffs market turns stagnant.
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Visit: 1065
Turkey: Imported Scrap Prices Correct Marginally in Recent Trades
Mining News Pro - Scrap importers in Turkey have been observing range bound prices since last couple of weeks.
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Visit: 1119
India: Imported Scrap Market Quiet; Prices Inch Down
Mining News Pro - SteelMint learned from market participants that imported scrap market in India continues silence on depreciated currency (INR) against USD which remains cause of concern.
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Visit: 1020
Pakistan: Imported Scrap Market Silent on Sharp Currency Depreciation; Steel Prices to Surge
Mining News Pro - Today Pakistani Rupee (PKR) depreciated again by almost 7-8%, hitting record low of 137-138 levels against USD which was at around 124-125 a day earlier as per forex.
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Visit: 1072
Bangladesh: Imported Scrap Prices Stable; Demand Subdued
Mining News Pro - SteelMint learned in recent conversations with market participants that imported scrap offers to Bangladesh have remained almost stable
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Visit: 1190
Indian Imported Scrap Prices Stable; Limited Trades Reported
Mining News Pro - SteelMint learned from market participants that imported scrap offers to India have stabilized this week.
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Visit: 903
Imported Scrap Markets in SE Asia Observe Limited Deals on Slow Demand
Mining News Pro - Imported scrap offers to Vietnam inch down - SteelMint learned from market participants that imported scrap offers to Vietnam have come down slightly by USD 3-5/MT W-o-W on limited demand.
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Visit: 1092
Pakistan: Domestic Steel Prices Improve; Imported Scrap Offers Range Bound
Mining News Pro - SteelMint learned in recent conversations with market participants that Pakistan`s imported scrap market hasn’t picked up buying activities in a significant manner yet.
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Visit: 1196
Bangladesh: Imported Scrap Prices Inch Up Amid Limited Global Offers
Mining News Pro - In recent conversations with market participants SteelMint learned that imported scrap offers to Bangladesh have increased slightly following high Indian sponge prices and limited scrap offers in the global market. The market has observed limited quantity deals ahead of religious holidays as domestic finish steel market remained sluggish.
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Visit: 1007
Bangladesh: Imported Scrap Prices Inch Up Amid Limited Global Offers
Mining News Pro - In recent conversations with market participants SteelMint learned that imported scrap offers to Bangladesh have increased slightly following high Indian sponge prices and limited scrap offers in the global market. The market has observed limited quantity deals ahead of religious holidays as domestic finish steel market remained sluggish. Imported scrap prices increased this week by USD 5/MT, on W-o-W basis.
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Visit: 1237
Bangladesh: Imported Scrap Market Observes Slowdown; Offers Up
Mining News Pro - In recent conversations with market participants SteelMint learned that imported scrap offers in Bangladesh have continued uptrend following firm global prices.
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Visit: 852
Pakistan: Imported Scrap Prices Up in Recent Deals
Mining News Pro - In recent conversation with market participants, SteelMint learned that Pakistan steel market has observed few deals for imported scrap at further increased prices.
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Visit: 1205
Bangladesh: Hike in Indian Sponge Export Offers Push Imported Scrap Offers
Mining News Pro - In recent conversations with market participants SteelMint learned that imported scrap offers in Bangladesh have turned upward amid the impact of increased sponge export offers from Indian suppliers. Buying interest still remains slow as most of the steel mills haven’t resumed operations in full swing after EID holidays yet. But following slight upward revision in the global markets and firm Indian prices, imported scrap offers have moved up by USD 5-10/MT W-o-W.
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Visit: 842