prices

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...
Chinese production alone increased by approaching 10 million tonnes or 1.2% while India continued its growth of recent years by posting an output gain of 6.6 million tonnes or 7.4%, according to...
Recovered from the non-metallic waste fraction of end-of-life vehicles, the Axpoly r-ABS resins are claimed to deliver a carbon footprint saving of two-thirds when compared with virgin ABS made from...
Following on from the upbeat end to last year, 2017 began with some turbulence. Steel scrap prices climbed by between US$ 25 and US$ 30 per tonne and there was also an escalation in ferrochrome...
LME cash prices are at the following per-tonne levels (the corresponding figures from our non-ferrous metals report at the end of November are given in brackets): aluminium US$ 1800 (US$ 1765);...
In China, meanwhile, industry is having to adapt to ever-stricter rules which are partly behind the announcement from the country’s biggest zinc smelter that it is to cut production. In late...
As for fibre prices, OCC strengthened from US$ 170-plus per tonne at the start of October to end the year at US$ 180-plus whereas mixed paper climbed from US$ 143-plus to US$ 158-plus over the same...
For recyclers, the option to repair or reuse electronics and many other products was obviously available already, but was never that attractive because of the high commodity prices, Minter tells...
To the surprise of many, recovered paper markets have been generally steady to strong in November. On the downside, however, traders have continued to experience shipping problems and uncertainties,...
Once again as year-end approaches, the trading community is having to pay close attention to the calendar in order to ensure that cargoes arrive on dates which do not raise awkward issues with...

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