demand

Progress this year in the global steel market has been ‘encouraging’, says WSA economics committee chairman T. V. Narendran. ‘However, escalating geopolitical tension in the Korean...
Optimism in the marketplace has been boosted by an improvement in all alloying metal prices. Higher nickel values, firmer steel scrap and expectations of an increase in chrome prices in the coming...
Elsewhere, Pakistan’s scrap importers have been prepared to match or better the prices paid by their Indian counterparts who have been rendered largely quiet by elevated international price...
Primary production declined by 2% year on year to 7.889 million tonnes whereas scrap-based production leapt 12% from 1.532 million tonnes in January-May 2016 to 1.71 million tonnes in the...
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...
Closure of induction furnaces in China has created displaced volumes of scrap, some of which have been dispatched to a number of other Asian countries - including India, Japan, South Korea and Taiwan...
‘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...
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...
In March, China’s crude steel output entered uncharted territory in reaching 71.995 million tonnes - the highest for any single month. The country’s production amounted to more than 201...
Recycling operation incomes amounted to US$ 21 million, as compared to US$ 10 million in the fourth quarter of 2016 (excluding a non-cash goodwill impairment charge of US$ 5.5 million). The company...
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...
The automotive sector is 'dominating' the metals recycling market as it requires large volumes of metals for vehicle body and parts manufacturing. A noteworthy increase in consumers' purchasing power...
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...
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...
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...
Improving demand for capital goods ‘should support activity in most sectors’, with export-oriented segments expected to benefit from strengthening international trade. Total production...
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...
Poland’s economical performance is ‘epitomised’ by polymer consumption, which surged more than 3.5% between 2009 and 2014, according to a new study by UK research firm Applied...
According to latest figures from the International Copper Study Group, apparent refined usage increased by around 3% year on year to 17.53 million tonnes, mainly as a result of Chinese apparent...
Since Recycling International last reported on the nickel and stainless markets in late October, both have climbed to higher levels. In terms of stainless steel scrap, 304 material has advanced from...
LME copper rallied from US$ 4700 to US$ 5800 per tonne in a very short space of time while lead and zinc recorded, respectively, five- and nine-year highs before undergoing corrections. According to...
Traders do not want to sell too early in a rising nickel market while consumers are looking to their inventory levels and incoming orders for the remainder of the year. The price range for 304 scrap...
Ferrous metals are expected to generate US$ 252,117 million – leading the market during the forecast period. However, non-ferrous metals are the fastest growing segment and is anticipated to...
Ferrous metal recycling is said to gain 'maximum traction' during the forecast period. The use of scrap in steel production has formed an 'integral part' of the steel making industry, with an...
Over the last couple of months, LME nickel has been ranging from around US$ 9650 to US$ 10 800 per tonne, with gains attributed mainly to the proposed nickel mine closures in the Philippines - which...
But across the first seven months of 2016 as a whole, the market was still showing a production deficit of around 264 000 tonnes compared to a shortfall of almost 70 000 tonnes for January-July 2015...
In April, the Indian government had confirmed a decision to ban plastic scrap imports. However, prices were buoyed in early July when the ministry of environment, forests and climate change announced...
While many European countries have been reporting below-expectation recovered paper collections throughout the summer and even into the early autumn, France confirms a strengthening of collection...
Growth momentum is expected to ‘remain weak for the time being’ owing to ‘the continued rebalancing in China and weak recovery in the developed economies’. Steel demand in...

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