Scrapex Banner
Author: 13 Jan 2011 Last updated at 07:53:07 GMT

European steel scrap prices rise to US $500 per ton

By Scrap Monster
The export prices of European steel scrap kept increasing that the price of shredded scrap is close to US$500/ton FOB Rotterdam, up by US$25/ton from last week.

However, most distributors are waiting for higher prices for selling, expecting the export price of shredded scrap would go up to US$530~550/ton FOB in next two weeks, according to scrap traders. This might compel Turkish buyers to halt their purchasing.

So far, the US suppliers reportedly don't want to export the shredded scrap to Turkey with the price below US$520~535/ton CFR. (Courtesy: www.yieh.com)

METAL PRICE CHARTS

GET PRICE CHARTS

9ct Gold Scrap Price Charts

18ct Gold Scrap Price Charts

22ct Gold Scrap Price Charts

RELATED NEWS

23rd October, 2014: US H1 scrap average prices stay unchanged

October 23rd 2014 02:31 AM
23rd October, 2014: US H1 scrap average prices stay unchanged
The US H1 scrap price average prices were at $342.50 per long ton, as on 23rd October, 2014

Bradford's new bill seeks increased penalties for scrap metal theft

October 22nd 2014 08:40 AM
Bradford's new bill seeks increased penalties for scrap metal theft
Bradford City is reportedly working on a bill to curb rising scrap metal theft incidents

Scrap imports by Vietnam surged 10% in Sep '14

October 22nd 2014 03:40 AM
Scrap imports by Vietnam surged 10% in Sep '14
The most recently released trade data indicates that scrap imports by Vietnam during the month of September this year increased…

Market Interpretation of Major Chinese Economic Results on Metals Market, SMM Interviews

October 22nd 2014 05:44 AM
Market Interpretation of Major Chinese Economic Results on Metals Market, SMM Interviews
China's National Bureau of Statistics released the results of major economic data today
Next Story