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
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
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
Will Japanese Domestic Scrap Prices Witness Correction ?
Mining News Pro - Trade participants are eyeing that Japanese scrap prices could have achieved temporary peak and could observe downward trend.
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Visit: 1039
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
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
Japan: Tokyo Steel`s Tahara Scrap Prices Hit 6 Months High
Mining News Pro - Scrap purchase prices increased by Yen 500-1000/MT (USD 5-9) at all five works of Tokyo Steel.
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Visit: 1294
Chinese Ferrous Scrap Prices Likely to Remain Strong Amid Restocking
Mining News Pro - According to reports, On September 19, among the 245 key steel mills in China, 30 steelmakers have increased their purchase price of steel scrap by RMB 20-70/MT (USD 3-10) however, 3 of them reduced the price marginally.
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Visit: 883
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
Japan: Tokyo Steel`s Tahara Scrap Prices Hit 6 Months High
Mining News Pro - Scrap purchase prices increased by Yen 500-1000/MT (USD 5-9) at all five works of Tokyo Steel.
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Visit: 974
Chinese Ferrous Scrap Prices Likely to Remain Strong Amid Restocking
Mining News Pro - 30 steelmakers have increased their purchase price of steel scrap by RMB 20-70/MT (USD 3-10)
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Visit: 904
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
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: 1206
Turkey: Poor Finish Steel Demand Pulls Down Imported Scrap Prices
Mining News Pro - Turkish currency - Lira hit all time low today against USD.
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Visit: 1037
Pakistan: Imported Scrap Prices Decline Amid Fall in Domestic Steel Prices
Mining News Pro - Pakistan Rupee (PKR) has appreciated in last two days` period by almost 5% to 122.6 against USD today from 128.8 earlier.
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Visit: 1207
Bangladesh: Imported Scrap Prices Inch Down in Recent Deals
Mining News Pro - In recent conversations with market participants SteelMint learned that, scrap importers in Bangladesh have continued scrap bookings as offers have edged down further on W-o-W basis. Many of the participants kept buying in limited quantities over weak finish steel demand in the country on heavy monsoon. Dullness in global markets and sharp weakened demand since past few days are pulling prices down owing to which importers remain hopeful for further corrections by USD 5-7/MT in prices in coming days.
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Visit: 936
US H1 scrap prices remain stable
Mining News Agency - It is reported that United States H1 scrap average price was at US$296.83/long ton on January 2nd, remained flat compared with previous week.
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Visit: 1016
India Aluminium Scrap prices steady
Mining News Agency- India’s major aluminium scrap commodities prices showed a steady trend on the Scrap Register Price Index as on Thursday, while aluminium futures prices at India`s Multi Commodity Exchange settled higher in line with Nickel Futures prices at London Metal Exchange due to the back of upbeat China manufacturing data.
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Visit: 2324