prices

Aluminium scrap shipments to leading outlet China surged 13.5% to 521 277 tonnes - but this percentage gain was eclipsed by increases of 23.3% and 20.2% in US deliveries to, respectively, South Korea...
‘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,...
In recent weeks, LME prices for some metals have returned to levels last visited several years ago on the back of, among other factors, more positive economic data out of China and the European...
For businesses in the EU, meanwhile, the export market has quietened somewhat and prices have retreated - a case of the market ‘taking a deep breath and stepping back’. However,...
Although many experts were not expecting a sizeable downward correction, the end of the month has arrived with cfr price indications for Turkey-bound shipments from Europe and North America hovering...
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...
These observations were made as the Germany-based group announced operating earnings before taxes of Euro 211 million for the first nine months of the 2016/17 financial year as compared to Euro 148...
Latest figures from the US Census Bureau and US International Trade Commission show that China upped its purchases by 13.4% - from 302 926 tonnes in January-June 2016 to 343 571 tonnes in the...
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...
AMI has yet to select a location for the plant, but indicates it will be situated near a manufacturing hub of electronic vehicle batteries. The US company also intends to recycle other valuable...
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...

advertisement

Syndicate content