market analysis

Over recent weeks, scrap buyers in Turkey have steered clear of the deep-sea market for long periods following the USA’s announcement of a 25% tariff on steel imports and a subsequent drop-off...
Officially, the Chinese steel industry’s scrap use sky-rocketed more than 64% year on year to 147.9 million tonnes in 2017, prompting a dramatic increase in the proportion of steel scrap used...
Among the leading steelmaking nations, Turkey registered this January’s largest year-on-year increase in production of 7.6% to 3.174 million tonnes, followed by South Korea (+2.7% to 6.125...
According to latest figures from the International Copper Study Group (ICSG), the 1.5% decrease in primary production to 17.557 million tonnes contributed to a refined copper output total of 21.404...
Turkey remained the runaway leader in terms of US scrap imports with its purchases climbing 14.1% year on year to 3.631 million tonnes. China upped its order by an identical percentage in buying 1....
Average gold prices range from US$ 1215 to US$ 1381, but the overall mean is expected to be broadly in line with the price in the first half of January. Analysts anticipate a bullish outlook for...
In the first batch of import licences issued by the Ministry of Environmental Protection on December 26, seven enterprises were approved for a total of 188 601 tons of mixed metals; and in the second...
On the back of healthy demand from Turkish mills, 2017 ended with HMS I/II 80/20 scrap from the USA and Baltic Sea commanding up to US$ 370 per tonne on a cfr basis. Although international trading...
With primary refined production dropping 2% year on year to 15.915 million tonnes, the increase in scrap-based production from 3.181 million tonnes to 3.481 million tonnes brought about a small gain...
With just one month of 2017 to go, global crude steel production was running 5.4% ahead of its 2016 pace as all major producers upped their numbers - with the notable exception of Japan and Ukraine....
Flexible packaging makes up more than 21% of the entire packaging industry. Asia counts as the largest market (40%) and growth in the region is projected to be 5% between 2015 and 2020 as compared to...
Output across all 66 nations reporting to the World Steel Association jumped 5.9% from 137.214 million tonnes in October 2016 to 145.254 million tonnes in the corresponding month of 2017. Capacity...
There was also a small decline in global usage of refined copper across the opening seven months of this year: the total of 13.69 million tonnes trailed the 13.763 million tonnes of January-July 2016...
In terms of value, the market is expected to record a compound annual growth rate of 22.1% from 2017 to 2025. This is mostly thanks to increasing adoption and government regulations on solar module...
‘All of stainless steel’s major intrinsic alloys have rallied somewhat during the year in terms of price and so some correction during the fourth quarter would not come as a surprise,...
It has been over 165 years since two category-four Atlantic hurricanes hit the USA in the same year. ‘The regions ravaged by Hurricane Harvey and Hurricane Irma face a recovery period that will...
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 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...
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...
The lead-acid battery chemistry segment led the Battery Recycling Market in 2016 and is projected to be the fastest-growing segment by 2022, according to new data by Markets and Markets. The...
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...
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...
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...
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,...
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...
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...

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