Global insight

Malaysia, Indonesia, Viet Nam Steel demand to rise in 2017: worldsteel

LONDON (Scrap Register): Steel demand in Thailand, Malaysia, Indonesia, the Philippines and Viet Nam are expected to maintain a growth rate of 6% next year despite exposure to China’s steel exports, according to World Steel Association (worldsteel).

Wednesday, June 22, 2016

Key Macroeconomic Indicators for Base Metal Prices (2016-6-22)

Market will eye US crude oil stocks and May existing home sales today.

Wednesday, June 22, 2016

Severstal Disgagrees EU´s Anti-dumping Duty on Russian Steel

[www.ferro-alloys.com] According to Alexei Mordashov, CEO of Russia´s steelmaker Severstal, his company will dispute the decision of European Commission imposing duties on the steel from Russia. Mordashov said his company will try to find alternative markets ...

Tuesday, June 21, 2016

United States CR Steel Sheet Market Will Remain Stable

[www.ferro-alloys.com] This week United States CR steel sheet prices continue to stabilize at a high level, due to early prices driven mainly by supply side, the recent steel market will turn to cautions, while transaction activities slowdown. Currently, Unit...

Tuesday, June 21, 2016

China's Xi Visits Steel Mill in Serbia on Trip to Boost Ties

China's President Xi Jinping said Sunday his country's relations with Serbia should serve as an example for other nations in central and southeast Europe where the Asian power is seeking to boost ties.

Tuesday, June 21, 2016

United States CR Steel Sheet Market Will Remain Stable

[www.ferro-alloys.com] This week United States CR steel sheet prices continue to stabilize at a high level, due to early prices driven mainly by supply side, the recent steel market will turn to cautions, while transaction activities slowdown. Currently, Unit...

Monday, June 20, 2016

WBMS: Nickel, Tin markets end in minor deficit; Zinc records tiny surplus

SPOKANE (Scrap Monster):The latest Metals Balances Report for the first four months of the current year released by the World Bureau of Metal Statistics (WBMS) indicates that Nickel market has ended in a small deficit during

Monday, June 20, 2016

Iron Ore Prices Are Back On A Roll

the spot price for benchmark 62% fines rose by a further 0.69%, or 35 cents, to $51.05 a tonne, trimming its weekly decline to 2.87%.Year to date the price has now gained 17.2%.

Monday, June 20, 2016
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