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Pakistan: Imported Scrap Prices Stable in Recent Deals

22 March 2019 - 15:47
SteelMint learned in recent conversation with participants that imported scrap market in Pakistan has observed improved buying interest amid improving local market sentiments this week.

Canadian Raw Material Exports Hit Record-High in CY'18

22 March 2019 - 14:26
Trade statistics released by Canada custom shows that the iron ore exports by the country recorded at 47.68 MnT in CY'18. The exports depicted rise of 16% as compared to CY'17 exports at 41.12 MnT.

Bangladesh: Imported Scrap Market Silent amid Subdued Demand

21 March 2019 - 15:55
SteelMint learned from industry participants that imported scrap market in Bangladesh has observed very limited trades for imported scrap amid subdued demand this week.

South Korean Ferrous Scrap Imports Hit 4 Year High Amid Increased Bulk Imports

21 March 2019 - 15:48
Japanese scrap exports to South Korea recorded above 0.40 MnT mark successively for the 2nd month while US scrap exports hit 5-month high in Feb'19

Turkey: Imported Scrap Prices Range-Bound in Recent Trades

21 March 2019 - 15:23
SteelMint learned from industry participants that Turkey’s imported scrap market has observed limited bookings so far this week at almost stable prices. However, steel mills remain hesitant to buy aggressively amid high offers and weak finish steel demand.

Bangladesh: Ship Breaking Imports Fall Sharply in Feb 2019

20 March 2019 - 22:43
Bangladesh- one of the world's largest ship re-cycler and has remained still in the top buyers list of ship breaking scrap in Feb’19. Scrapped ship imports fell to 21 in Feb'19, as per the SteelMint’s assessment.

Global Ferrous Scrap Market Overview - Week 10, 2019

19 March 2019 - 15:48
Major ferrous scrap markets exhibited an upward trend except for China. Prices moved up slowly amid positive sentiments in suppliers’ side and anticipation of a recovery in March demand in the near terms.

Japan's Tokyo Steel Hikes Scrap Price Further by USD 5

17 March 2019 - 19:54
Tokyo Steel's 2nd price hike in March, H2 prices at Utsunomiya plant increased by Yen 3500 (USD 31) against the price revision made a month back on 14 Feb'19.

SE Asia: Imported Scrap Market Observes Limited Trades

16 March 2019 - 19:48
SteelMint learned from market participants that imported scrap trades in SE Asia remained limited on high offers and availability of stocks in hand. Most of the steel mills likely to wait for the next couple of weeks to start end-April & May delivery shipments.

India: DGFT Exempts PSIC for Metal Scrap Imports at Mundra Port

16 March 2019 - 19:24
Metallic waste & scrap imported from safe countries/regions i.e US, UK, Canada, New Zealand, Australia and EU will not require PSIC if consignments are cleared through 7 ports including Mundra.
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