Ferrous Scrap News

  • Reduced buying activity helps dampen prices

    Global: Steel scrap prices lost a little ground towards the end of April, not least because of the decision by mills in Turkey to step back from the international market. The early-month flurry of deep-sea ferrous scrap purchases by Turkish mills dwindled to a trickle in the second half of April, prompting prices to drift. Meanwhile, the World Steel Association (WSA) is predicting ...

  • Demand for non-ferrous scrap has been resurgent in 2010

    Demand for non-ferrous scrap has been resurgent in 2010 following the lows of late 2008 and the first half of 2009. “We again found ourselves as the fuel for the demand of the emerging economies of the world - as providers of ecologically-viable alternatives to primary metals to growing but mineral-deficient nations,” the BIR Non-Ferrous Metals Division’s President, Robert Stein ...

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