News Categories

Imported Scrap Prices Fall in Recent US Deal Reported

15 January 2019 - 20:12
SteelMint learned in recent conversation with market participants that Turkey-based steel mills have resumed scrap booking from the US after almost a six weeks' of silence. US origin HMS 1&2 prices moved down sharply by around USD 49-50/MT as against last the US deal reported on 23rd Nov'18.

Imported Scrap Prices Edge Down; Local Steel Market Stable

15 January 2019 - 20:05
SteelMint learned in recent conversation with market participants that local steel prices in Pakistan have stabilized now. Imported scrap prices have edged down in minor trades reported. Buyers seem interested however stand in 'wait and watch' mode in order to have more clarity on global scrap prices with anticipation of further correction in the near term.

What is Driving Indian Billet Prices to Fall?

15 January 2019 - 19:55
Indian domestic billet prices drop by INR 400-1,000/MT(USD 6-14) in last one month. Current prices for induction grade billet (which is more popular in merchant market) hovers at INR 32,600/MT (USD 466) ex-Mumbai.

China copper imports hit record high in 2018

15 January 2019 - 13:53
BEIJING – China's unwrought copper imports rose 12.9 percent to a record annual high of 5.3 million tonnes in 2018, customs data showed on Monday, boosted by the country's crackdown on scrap metal shipments.

Turkey: Ferrous Scrap Imports Fall 12% in Nov'18

14 January 2019 - 22:49
US scrap exports drop 40% while that from Russia decline 61% M-o-M in Nov’18

India’s domestic steel scrap shortage to deepen

10 January 2019 - 15:59
The supply shortage of domestic steel scrap in India will expand by 33pc in the four years to the April 2021-March 2022 financial year, which may lead to more imports of the commodity.

Sweden: Ferrous Scrap Exports to Turkey Hit 6 Year High in Oct'18

8 January 2019 - 02:26
Turkish scrap imports jump 9 folds while US imports remained nil in Oct’18 from Sweden

Imported Scrap Market Standstill, Domestic Steel Market Lacks Clarity

8 January 2019 - 01:48
SteelMint learned in recent conversation with market participants that local steel prices in Pakistan have come down today after witnessing a slight lift towards the closing of the last week

Metso signs its first distribution agreement for Czech Republic and Slovakia waste recycling market

24 December 2018 - 01:47
Metso has signed a non-exclusive distribution agreement with Arcon Machinery a.s. for the Czech and Slovakian market areas. The agreement covers the countries of Czech Republic and Slovakia for sales of Metso's waste recycling equipment and services for fine-, mobile- and pre-shredders.

Japan: Tokyo Steel Keeps Steel Prices Unchanged For Jan’19

21 December 2018 - 13:41
Tokyo Steel Manufacturing Co Ltd - Japan’s top electric-arc furnace steelmaker has kept steel prices unchanged owing to softening export offers in overseas nations.
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