European scrap prices mostly stable in a balanced market
European scrap prices were mostly unchanged m/m in February because weak demand was relatively balanced by limited supply.
Tag: Export
Scrap prices edge down in the US, while remain steady in Brazil
US scrap prices fell again this month, as ample availability and tepid demand put downward pressure on the market
Scrap prices hit by weak demand offsetting tight supply
Supply decreased for both scrap and pig iron due to seasonal factors, but availability remained ample amid tepid demand in a challenging steel market.
Turkish buyers hold off purchases amid demand uncertainty
Turkish scrap import prices decreased last week.
Global scrap prices likely to end Q1 on a weak note
Scrap prices are expected to remain mostly stable across key markets in March
Sims sees US as bright spot in scrap world
Sims sees US as bright spot in scrap world
CRU: Scrap prices hit by weak demand offsetting tight supply
The CRUmpi declined by 1.7% month over month (m/m) to 325.2 in February, compared to a 4.3% m/m increase in February 2023. The post CRU: Scrap prices hit by weak demand offsetting tight supply appeared first on Steel Market Update.
Steel market chatter this week
What's the steel market talking about at present? The post Steel market chatter this week appeared first on Steel Market Update.
Miller on scrap: US East Coast boosted by Turkey
The scrap export market has demonstrated resiliency so far this year from the US East Coast. This strength has mainly come from the Turkish market. Despite weakening orders for rebar in their domestic market, imported scrap prices have held up until the last several days. The US West Coast is not as active, but there are orders in South Asia and in South America that are keeping things afloat. The post Miller on scrap: US East Coast boosted by Turkey appeared first on Steel Market Update.
Prime scrap tags fall in February, HMS and shredded mostly flat
US busheling scrap prices fell this month, while HMS and shredded grades remained largely unchanged. The post Prime scrap tags fall in February, HMS and shredded mostly flat appeared first on Steel Market Update.