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Eastern China ferrous scrap rises again on stronger rebar prices

Ferrous scrap prices in rose for the second straight week in eastern China on the back of stronger rebar prices in the Yangtze River Delta region with 18-25mm diameter HRB400 rebar in Shanghai being assessed up Yuan 40/mt Friday. Platts assessed heavy ...

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German scrap prices fall further

According to the German Scrap Federation (BDSV), the country’s scrap prices declined by €20/ton on average in July. Old scrap prices dropped by €20/ton to €184/ton, shredded scrap prices registered an decrease of €24/ton to €208/ton and new arisings decreased ...

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France’s scrap prices drop in Jnl

According to the statistics of the French Steel Federation (FFA), France’s domestic scrap prices decreased in July compared to the last month. In July, busheling scrap price was at €227/ton, down by €10/ton; shredded scrap prices at €221/ton, reducing by ...

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German scrap prices declined in June: BDSV

As per the latest statistics provided by the German Steel Recycling Federation (BDSV), the country’s scrap prices dropped during the initial twenty-day period in June this year. During this period, the prices declined marginally by nearly €0.44 per ton. The prices of ...

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US scrap firms hit by economic hurricane

US companies, and scrap metal businesses in particular, have been caught up in the ‘hurricane’ of a strong dollar and a slowing Chinese economy, according to a report in the Wall Street Journal. US exports of scrap materials are said ...

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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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Ferrous scrap prices remained stable in Eastern China

The rising iron ore prices have forced many steel mills in Eastern China to keep their ferrous scrap buying prices stable. The prices remained almost flat during the past week. The purchasing price for heavy melting scrap with thickness 6mm and above ...

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German scrap prices rise further in May

As per the latest statistics provided by the German Steel Recycling Federation (BDSV), the country’s scrap prices surged significantly during May this year. During the first 20 days of the month, the prices appreciated by nearly €1.48 per ton.   The prices ...

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Major Steel mills in Eastern China lower scrap buying prices

The declining rebar prices have led to further drop in scrap buying prices by steel mills in Eastern China region. The mills see no recovery for scrap prices in the immediate near term. Sources indicate that scrap purchasing prices may fall further ...

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Chinese steel mills cut ferrous scrap buying prices

The steel mills in Eastern China have announced further cut in ferrous scrap purchasing prices. The cut comes in the light of declining rebar and iron ore prices. Sources indicate that Jiangsu Shagang Group announced cut of Yuan 30 per mt on ...

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