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Major Steel mills in Eastern China cut scrap purchasing prices

The steel mills in Eastern China region have announced further cut in scrap purchasing prices, mainly on account of lower rebar prices. This is the second round of cut announced by mills in the region over the past one week. ...

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Ferrous scrap imports by EU-28 region dropped 17% in Jan-Mar 2015

The scrap imports by EU-28 countries during the initial three months of current year dropped sharply, as per the latest EU trade statistics released yesterday. According to trade data, the EU-28 nations’ scrap imports totaled 648,429 tons during the three-month ...

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Tokyo Steel hikes ferrous scrap purchasing price

The country’s top electric steel producer- Tokyo Steel Manufacturing has increased purchasing prices for all grades of ferrous scrap delivered to its entire works. According to company website, the purchasing prices are being increased by Yen 500 per mt effective ...

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US Ferrous scrap imports hit multi-year high in Oct ‘14

The latest trade data released on Monday by the US Department of Commerce (DOC) and the US International Trade Commission (ITC) indicates that the country’s ferrous scrap imports touched 32-month high during the month of October this year. The imports ...

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India Ferrous Scrap import prices rise further in May

MUMBAI (Scrap Register): Indian ferrous scrap import prices strengthened further, with the monthly average for May up 3.6% on April. Sentiment was greatly boosted by Modi’s general election victory. Indian scrap import prices continued to rise, with the monthly aver-age of ...

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