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Tag Archives: Steel scrap prices

Tokyo Steel announces cut in scrap purchasing prices

The country’s top electric steel producer- Tokyo Steel Manufacturing has decided to cut purchasing prices for all grades of ferrous scrap delivered to its entire works. According to company website, the purchasing prices are being reduced by ¥ 500/ton to ...

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US HRC Steel prices up to $457 a short ton; US Steel Scrap remains flat

United States hot rolled cold (HRC) steel average prices rose in the week ended May 22, while steel scrap prices on Scrap Register Price Index stayed flat. US HRC steel weekly average prices rose by $3 a short ton week-on-week to $457 ...

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US HRC Steel prices advance to $454 a short ton; US Steel Scrap stays steady

United States hot rolled cold (HRC) steel average prices advanced during last week, while steel scrap prices on Scrap Register Price Index continued to remain flat. US HRC steel weekly average prices advanced by $7 a short ton week-on-week to $454 a ...

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Steel scrap prices hold steady after steep fall in February

Steel scrap prices; In the previous part of this series, we looked at movement in iron ore prices. However, Steel Dynamics (STLD) and Nucor (NUE) use steel scrap to produce steel, as they produce steel through electric arc furnaces (or ...

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Update on steel scrap prices in Week 06

During a recent scrap industry event in India most participants were reported to be in pensive mood, triggered by the steep crash in steel scrap prices in Week 06 clouding their business prospects. It seems that not only the transaction ...

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Steel scrap prices restart to go down in Week 03

It seems that the problems on demand side on scrap sale are larger this season than the supply side, which is normally hit due to collection and logistic constraints during winter every year Reversing the historic trends, scrap prices in ...

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Steel scrap prices crash this week at Turkey and South Korea

Prices of steel scrap prices crashed at world’s two most important importing countries ie Turkey and South Korea this week. As, steel scrap prices are considered to be the first indicator of price trends of finished steel, the crash signals ...

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