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WEEKLY STEEL SCRAP:

Turkey keeps buying, Asia bulk markets go quiet

14 June 2020 - 00:45
Turkish steel producers remained active in the market for import scrap in the week ending Friday June 12, while prices for bulk scrap in Japan and Vietnam appear to hit a ceiling as activity slowed.

China ferrous scrap usage surged in 2019

31 May 2020 - 04:25
China's consumption of ferrous scrap grew by 15pc on the year in 2019 to 215.93mn t, according to statistics released today by the Bureau of International Recycling (BIR).

Tight supply accelerates Tokyo Steel scrap price hikes

31 May 2020 - 04:17
Higher export prices of Japanese ferrous scrap prompted Japan's largest electric arc furnace mill to raise domestic collection prices today, marking the third increase in eight days.

WEEKLY SCRAP WRAP: Demand in global markets up as Covid-19 restrictions ease

30 May 2020 - 01:45
The Turkish steel producers resumed their deep-sea scrap purchases after the post-Ramadan holiday break with prices going up, while demand in Asia was also firm during the working week ended Friday May 29.

Pakistan: Imported Scrap Trades Improve Ahead Eid Holidays

19 May 2020 - 22:38
Imported scrap offers to Pakistan stood range bound this week, with a further slight improvement in trades being witnessed. Before Eid holidays from later this week and market closes, buyers look to make some bookings for late June shipments.

Scottish Parliament passed Scotland’s Deposit Return Scheme regulations

15 May 2020 - 19:49
The Scottish Parliament voted to approve Regulations for the establishment of Scotland’s Deposit Scheme. This would increase the recycling of single-use drinks containers in Scotland. The scheme will come into effect from 1 July 2022.

Vietnamese mills import less ferrous scrap in April

15 May 2020 - 19:28
Vietnam's April ferrous scrap imports fell by 38.2pc to 401,055t from a year earlier, slowed by Covid-19-related restrictions.

Italian steelmakers target rare deep-sea scrap bookings

1 May 2020 - 21:38
At least two deep-sea cargoes from the US and the UK were booked by Italian steelmakers over the past six weeks, as mills struggled to source domestic supply because of lockdown measures imposed to battle the Covid-19 outbreak.

Spanish ferrous scrap prices rise as lockdown eases

14 April 2020 - 17:43
Ferrous scrap prices rose in the Spanish domestic market as the government began to ease lockdown restrictions yesterday to allow workers in manufacturing, construction and some other industries to return to work under strict safety guidelines.

Fall in Japan’s steel demand drives scrap export surge

9 April 2020 - 18:42
Japanese ferrous scrap imports have surged this year in response to weaker domestic steel demand, and exporters are actively looking for more overseas markets to take a surplus of domestic scrap supply.
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