Tag Archives: Scrap export
While only one deep sea scrap deal has been heard in Turkey in the last week of 2016 and in the first week of 2017, it is observed that Turkish steel mills are in no rush to conclude new import scrap deals to provide for their needs. Although the scrap inventories of Turkish steel producers […]
The Finance Research Center of China’s Bank of Communications has stated that in the second half of the current year China’s exports will continue their slow pace of growth and that real domestic consumption will move on a stable trend. In particular, in the whole of the current year it is expected that China’s exports […]
Turkish crude steel output continued to decline in March this year due to pressure from idle capacities in the world steel industry, the increased prices of iron ore and scrap, the sluggishness of the Turkish economy and the reduction of the price gap between raw materials and finished steel, according to the Turkish Iron and […]
I was just finishing up below my comments then late last week domestic mills announced a $20/Ton increase on rebar effective June 2nd. The move was not immediately followed by all manufacturers so it is uncertain if it will “stick”. It does, however suggest that mills are bullish on their current pricing in the face […]
Should the US steel industry be concerned with the effect global demand for US-produced scrap has on domestic scrap prices? As the world becomes exponentially connected with each passing year, many long-standing industries have not transitioned into the global marketplace as easily as others.