-
$2.75
-
$5.50
-
$2.26
-
$0.18
-
$380.00
-
$0.54
-
$263.00
-
$0.45
-
$0.23
-
$3.40
-
$0.77
-
$0.20
Scrap Buy / Sell Offer, News,Business Directory
Metal News
Updated 01:03:41 UST, 23 Feb 2012India scrap metal prices decline
MUMBAI (Scrap Monster): India scrap metal prices dipped on Wednesday after the gains in the previous session.
In Delhi metal market, copper scrap prices slipped to Rs 478 per kg.
Aluminium Ingots and Lead Ingots prices remain same while all other metal prices headed in negative direction.
Delhi metal prices in Indian Rupees per kg
-
LME base metal prices gain
London Metal Exchange base metal prices continued up trend on Wednesday.
-
Acindar promises to Argentina Govt to hike local supply of special steels
Acindar, a subsidiary of ArcelorMittal in Argentina, confirmed to the government that the program to enlarge local supply of special steels has been launched.
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Italian crude steel production rises 4.6% Y-o-Y to 2.19 mmt in Jan: Federacciai
Italian crude steel production increased by 4.6% year-on-year to 2.19 million metric tons in January 2012, according to the data released by the Italian steel producers' association Federacciai.
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Tight supply, stock replenishment push EU steel prices higher: MEPS
Negotiated basis prices for flat products are higher this month than those reported by MEPS (International) Ltd. in January, as buyers replenish stocks. The mills are keen to offset the losses they incurred in the last two months of 2011. Consequently, they are psychologically preparing customers for further hikes for April production.
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Chinese Shandong Province to weed out inefficient steel facilities
According to the steel industry restructuring guidelines released by the provincial government, Chinese Shandong province has decided to cut the number of steelmakers to five or six by 2015, down from 21.
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Alcoa, CPI JV to produce high-end fabricated aluminum products
Alcoa (NYSE:AA) and China Power Investment Corporation (CPI) has announced they have finalized an agreement to establish a joint venture company to produce high-end fabricated aluminum products for the China market.
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Japan crude steel production may decline 2-3 mmt in 2012: JISF
Japan crude steel production dropped sharply by 10.6% year-on-year to 8.63 million metric tons in January and up by 2.7% month-on-month, according to statistics released by the Japan Iron and Steel Federation (JISF).
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World crude steel production gains 7.8% Y-o-Y in Jan: worldsteel
World crude steel production advanced by 7.8% year-on-year to 117 million tons in January 2012, said the World Steel Association (worldsteel) in a briefing.
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Shaw River reports 60% increase in Namibia manganese resources
Shaw River Manganese Limited (ASX: SRR), an Australian based manganese explorer and developer, has reported a 60% increase in the Mineral Resource for its 75.5% owned Otjozondu Manganese Project in Namibia to 10.7 million tonnes, providing a strong foundation for its plans to become a manganese producer.
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Japan steel product exports dip 16.1% to 2.91mmt in Jan
Japanese steel product exports declined sharply by 16.1% year-on-year to 2.91 million metric tons in January 2012 and down by 5.8% month-on-month, according to statistics released by the Japan’s Ministry of Finance.
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January annualized global aluminum output lowest since March 2011
Global aluminum output, on an annualized basis, fell to a 10-month low in January, said Harbor Intelligence in a research note.
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LME base metal prices remain positive
London Metal Exchange base metal prices advanced on Tuesday.
More on Metal News
India scrap metal prices advance
Barclays: LME, SHFE Copper time spreads tighten on short covering
Europes biggest blast furnace produces 70 millionth ton of steel
Rio Tinto to invest $518 mn in world's first automated heavy haul rail network
Global steel demand may up 5.4% to 1500mmt in 2012: worldsteel
Saudi Arabia's resilient construction industry drives demand for steel
US raw steel weekly production advances 9.1% Y-o-Y : AISI
Tata Steel expands hot rolled gauge capability to 13.5 mm in UK
Shuicheng Steel's daily production hits a record 15, 662 metric tons
German flat steel prices rise 8% in Feb; further gains expected: MEPS
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Scrap Prices
Scrap Name
Price
High/Low
- Memory Chips
- 2.75
- -0.0099999999999998
- CPU Processors
- 5.50
- 0
- Yellow Brass
- 2.26
- +0.1
- Wheel Weights
- 0.18
- 0
- Steel-Prepared
- 380.00
- -10
- Stainless Steel
- 0.54
- -0.08
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