News Categories

Turkey: Imported Scrap Prices Drop in Recent Deal

16 December 2018 - 00:42
Turkey-based steel mills observed a fresh deal for European scrap as soon as they received the lower price from a supplier. Amid dull finish steel demand steel mills in Turkey were holding their buying price at lower side witnessing no significant deal concluded for past two weeks. However, recent deal heard pulled prices down by USD 5-7/MT further.

Japan: Tokyo Steel Cuts Scrap Purchase Price by USD 4-9

16 December 2018 - 00:28
Steelmaker makes third scrap price cut so far in Dec’18 as market observes no sign of price bottom yet.

Indian Bulk Scrap Imports Jump in November - Port Data

9 December 2018 - 00:47
India world’s third-largest scrap importer after Turkey and South Korea has witnessed sharp rise in bulk scrap imports in Nov’18. As per vessel line up data, India imported total 126,440 MT bulk ferrous scrap in Nov’18 as against nil volumes in Oct’18.

Bangladesh : Imported Scrap Offers Stable, Bulk Scrap Imports Up 46% in Nov'18

8 December 2018 - 23:19
SteelMint learned in recent conversations with industry participants that limited trades for containerized scrap concluded at stable prices in Bangladesh this week. However, sentiments remain moderate amid limited inquiries in the local market by end customers.

Japan: Ferrous Scrap Exports Down 7% in Oct'18

8 December 2018 - 22:55
Imports from Vietnam fell 41% while that from South Korea increased 13% M-o-M in Oct'18.

Japan's Tokyo Steel Scrap Purchase Price at Tahara Hit 14 Month Low

7 December 2018 - 01:28
Steelmaker cuts scrap prices further by JPY 500-1000/MT (USD 4-9) today

China: Shagang Steel Cuts Scrap Purchase Price by USD 9

1 December 2018 - 23:49
Eastern China’s largest ferrous scrap consumer - Shagang Jiangsu Steel group has slashed scrap purchase price today by RMB 60/MT (USD 9). Amid sharply falling finish steel export prices steelmaker has reduced scrap prices.

India: Imported Scrap Market Inquiries Up on Strengthening Rupee

1 December 2018 - 23:35
SteelMint learned from market participants that Indian imported scrap market observed increased inquiries on strengthening of Rupee against USD

Japan: Tokyo Steel Scrap Prices at Utsunomiya Works Hit 1 Year Low

1 December 2018 - 23:30
Steelmaker cuts scrap prices further by JPY 500/MT (USD 4) at all works today

Japan: Tokyo Steel Cuts Scrap Prices; Utsunomiya Work Prices at 7-Month Low

29 November 2018 - 01:28
Steelmaker cuts scrap prices by JPY 500/MT (USD 4) at all works today
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