Latest news on China Steel Scrap markets

MONTHLY: Retreat in China's ferrous scrap prices to slow in December

After sliding steadily last month, Chinese prices for ferrous scrap will still face downward pressure in December as the country's ferrous market fully enters the traditional winter lull, according to Mysteel's latest report on the market. However, prices will regain some support from the resilient

Pakistan: Imported scrap prices at 5-year lows; winter restocking goes slow

Tight cash flow restricting fresh procurements. Distress cargoes available, but demand subdued

South Asia: Scrap market subdued amid muted regional demand

India selective buying, steady deals at workable levels. Pakistan steady, Bangladesh firmer despite weak demand

Taiwan Feng Hsin's rebar, scrap prices keep stable

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to roll over its rebar list prices and procurement prices of local scrap again for transactions over December 1-5 to monitor market changes, a company official confirmed.

WEEKLY: China's ferrous scrap demand grows further

Demand for ferrous scrap among Chinese steel producers continued to strengthen during the past week, Mysteel's latest survey showed. Production by electric-arc-furnace (EAF) steelmakers increased, while blast furnace (BF) mills could shave their feed costs a little more by replacing some hot metal w

Pakistan: Imported scrap prices drop to 5-year low; suppliers eye pre-winter price hike

Domestic prices near bottom with slight PKR recovery. Winter slowdown to deepen, mills planning lower operations

China's demolition ferrous scrap recycling recovers on better demand

After falling sharply last month, the volume of ferrous scrap recycled from construction and demolition sites in China has increased steadily in November, as collecting and processing operations among scrap dealers have improved amid the recovery in domestic scrap demand, Mysteel's survey showed.

South Asia: Demand weakens in India while Pakistan, Bangladesh markets remain mixed

Turkish prices firmed slightly on selective deep-sea cargo deals. Indian imported scrap activity remains weak as buyers prefer cheaper domestic

Taiwan's Feng Hsin rolls over rebar, scrap prices

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to hold its rebar list prices and procurement prices for local scrap for transactions over November 24-28, a company official confirmed.

Global scrap prices mixed w-o-w; Turkish market rebounds

India: Imports softened; shredded scrap weaker, HMS under pressure. Japan: H2 exports eased; domestic mill prices firm