Scrap Metal Prices and Scrap Metal Auctions (RSS 2.0 Feed)

China Scrap Plastic Prices July 29 2010

Fri, 30 Jul 2010 02:00:31 +0000

ABS Domestic ABS price was stable though some species rose by 100 RMB/T. Supply was less and importers purchased positively. Inquires were many, but demand was general. Trading atmosphere was good. Latest Market Price: ABS/PC alloys 3,000-3,600 RMB/T. PET Domestic PET quotation was at mess.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Copper Scrap Metal Prices China July 29 2010

Fri, 30 Jul 2010 01:00:23 +0000

Spurred by the decrease in dollar value and less stock, the London Metal Exchange (LME) showed that copper futures on 28th rose and finally closed at 7,175 points, up by 90 points, or 1.27%. Inventory, on Wednesday, dropped 2,375 tons, totally to 411,425 tons. Today Shanghai copper opened high and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Aluminum Scrap Metal Prices China July 29 2010

Fri, 30 Jul 2010 00:00:37 +0000

Spurred by the decrease in dollar value and less stock, the London Metal Exchange (LME) showed that aluminum futures on 28th stabilized, rose and finally closed at 2,070 points, up by 17 points, or 0.83%. Inventory, on Wednesday, dropped 4,650 tons, totally to 4,395,125 tons. Today Shanghai... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Arab Iron and Steel Union Requests Measures Against Turkish Rebars July 29 2010

Thu, 29 Jul 2010 23:00:08 +0000

It is reported that Turkey increased their steel exports to Arab countries, which is about 40 percent of the domestic consumption. Therefore, Arab Iron and Steel Union (AISU) is likely to take some measure against this situation. It is said by AISU that Turkish steel exported US$1.8 billion during... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Hebei Steel Group Raise August Price July 29 2010

Thu, 29 Jul 2010 22:00:22 +0000

China?s Hebei Steel Group has announced the benchmark price of July and ex-work price of August. The benchmark price of July decreased by RMB100~350/ton compared with the ex-work price of July. However, the ex-work price of August increased by RMB100~150/ton on the basis of July?s settlement... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

China Steel Corp. Fully Booked for Q3 July 29 2010

Thu, 29 Jul 2010 21:00:05 +0000

Taiwan?s China Steel Corp. (CSC) said that the company?s has fully booked its allocation in the third quarter in spite of many distributors complained CSC has not cut the price friendly for domestic market. It is difficult to digest quota from CSC with stocks level increasing at this moment, said... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

ArcelorMittal Mulls 10% Price Hike July 29 2010

Thu, 29 Jul 2010 20:00:00 +0000

The world largest steelmaker ArcelorMittal has announced plans to increase its steel price by 10 percent for the second half of 2010, although the global demand has been slowing down. The company accounts for 10 percent of the global crude steel production, 10 percent price increment will pressure... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]