prices

Primary production declined by 2% year on year to 4.744 million tonnes whereas secondary production from scrap soared 13% from 903 000 tonnes in January-March 2016 to 1.024 million tonnes in this...
‘Very tight’ scrap supply and rising prices have prompted several mills in Asia - notably in India, Taiwan and also South Korea - to ‘switch in part from scrap to nickel for...
Total mine supply hit 1,330 koz, which represents a decrease of 6.3% year-on-year, thus marking the lowest result since the third quarter of 2014. Recycling is projected to fall by 6% year-on-year to...
In the opening quarter of 2017, Europe’s leading recovered fibre exporter - the UK - saw its OCC export prices to China peak at upwards of £150 per tonne (approaching Euro 180) before...
Listed among the company’s key achievements in the period under review is ‘an improved metal mix by increasing recycled inputs from 53% to 55% for the full year’. It also achieved...
In European recycled containerboard, the group implemented a Euro 60 per tonne hike in the first quarter, with additional increases announced for April. ‘Overall demand for recycled...
The more recent reduction in Chinese steel values has also impacted all markets across Asia and ‘prices for finished steel in almost all countries have softened’, it is also noted in the...
Another major challenge for European exporters has been the tripling in freight costs for shipments from main European ports to Chinese ports over the last three months - from US$ 750-800 per...
‘The global PET market has been picking up steam as the demand for recyclable plastic has been growing at an exponential rate,’ analysts assert. They cite ‘soaring demand’ for...
He will remain on the LME board and will continue as a member of the management committee of Hong Kong Exchanges and Clearing Ltd (HKEX), of which the LME is a wholly-owned subsidiary. Chamberlain...
Up to 220 kg of scrap must be used for every tonne of steel produced in the country by 2020, whereas calculations by the China Association of Metal Scrap Utilisation suggest the scrap usage average...
Stainless steel scrap prices have made further strong progress since our previous report in late January, with the 304 grade advancing from US$ 1240-1290 to US$ 1290-1340 per tonne and the 316...
The anticipated upturn in earnings when compared to last year’s final quarter is based on ‘higher ferrous scrap demand and metal spread expansion from increased domestic steel mill...
Among the major producers, the biggest year-on-year gains for February were reported by Turkey (+15.6% to 2.739 million tonnes), India (+8.9% to 8.113 million tonnes), South Korea (+8.3% to 5.508...
Global demand for aluminium is expected to reach 62.7 million tonnes this year, with China thought likely to record growth of 6.7% to 33.5 million tonnes while the rest of the world is forecast to...
Over the past three months, prime plastic prices in Asia have remained high under the support of good demand - except in the case of China. After the Chinese New Year holidays, the prime plastics...
Immediately following the Chinese New Year celebrations, it is reported that the country’s customs authorities began to step up import inspections in a bid to prevent smuggling of electronic,...
Polyethylene scrap accounted for almost 61 000 tonnes of the January 2017 export total for a year-on-year gain of 37% while overseas shipments of PET scrap surged 117% to 28 600 tonnes, according to...
However, production growth in China easily outstripped the world average in leaping 15.7% year on year to 24.938 million tonnes, thereby accounting for more than 55% of total world output in 2016. In...
‘Scrap companies lose over US$ 200 million a year because of fraud, contract cancellations and material quality issues,’ says Chris Yerbey, founder and ceo of Scrap Connection. ‘...
Despite shifting ferrous prices, chrome scrap values have remained within their existing ranges of US$ 320-360 per tonne for 409 material and US$ 420-460 for the 430 quality. News from the...
Now at 'a record high', imports are said to account for 25% of the EU market and climbed 9% in the second half of 2016. Chinese steel imports 'are being replaced by those from other countries',...
Global crude steel production in January was 7% or almost 9 million tonnes higher than in the corresponding month of last year at 136.514 million tonnes. China accounted for around half of the...
December began like a breath of fresh air for the European plastic scrap market. Whereas November had been sluggish in terms of demand and prices, the final month of 2016 produced a jump in values...
From solid start to state of flux Ferrous scrap prices remained on higher ground in the early weeks of 2017, gaining around US$ 15 per tonne over the levels quoted in our late-November report. But...
According to data from the Census Bureau and International Trade Commission, leading buyer Turkey slashed its US ferrous scrap purchases by more than 21% - from 3.961 million tonnes in 2015 to 3.123...
Improving demand for capital goods ‘should support activity in most sectors’, with export-oriented segments expected to benefit from strengthening international trade. Total production...
Expectations had been of a ‘very strong’ first quarter in Asia but, instead, softness has afflicted prices of chrome and ferrous scrap. A number of buyers had built their scrap stocks...
Eco-Bat and Recylex benefited from a reduction in their fines to, respectively, Euro 32.712 million and Euro 26.739 million for their co-operation with the Commission’s investigation whereas...
China’s steelmaking capacity closures have been ‘more aggressive than anyone may have anticipated’ and have included the move to close all induction furnaces, said to represent an...

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