METAL STOCKS

Steel scrap prices rally in first sign of revival after the crash

Steel scrap prices rally in first sign of revival after the crash

March 8th 2014 12:09 PM
Week gone by has sent the first signal of an imminent revival in long market

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Upbeat US GDP boosts asia metal prices; strong fundamentals keep prices steady

Upbeat US GDP boosts asia metal prices; strong fundamentals keep prices steady

December 23rd 2013 05:35 AM
Base metals prices finished the last week in the green, with prices remaining steady going into the week of Christmas. An upbeat US final GDP announced on Friday also aided markets across the board, with stock rallying high into the year end and metal going strong in a traditionally lull period of the year.
30 % Mass Reduction acquired by Lightweight Steel Twist Beam

30 % Mass Reduction acquired by Lightweight Steel Twist Beam

December 5th 2013 04:02 AM
Furthering its mission to help automakers meet stringent fuel economy requirements, the Steel Market Development Institute’s (SMDI) Automotive Applications Council unveiled the results of its lightweight steel twist beam study today.
US West Coast Copper Scrap Prices clambers up, Stainless Steel slides down

US West Coast Copper Scrap Prices clambers up, Stainless Steel slides down

October 7th 2013 08:12 AM
The USA West Coast Copper Scrap Prices reported a positive up move today on October 4th Friday as on the Scrap Monster Price Index.
Scrap imports by Korea during August plunge 24% y-o-y

Scrap imports by Korea during August plunge 24% y-o-y

September 30th 2013 05:32 AM
According to data, the scrap imports by Korea during the month of August declined year-on-year
Indian scrap metal prices witness weak trend on Index

Indian scrap metal prices witness weak trend on Index

September 24th 2013 07:26 AM
The scrap prices in India mostly trended lower as on September 23rd Monday
SMM Spot Copper Price Movement on Monday 16th September 2013

SMM Spot Copper Price Movement on Monday 16th September 2013

September 16th 2013 04:18 AM
Spot copper in Shanghai was offered at a contango of RMB 0-100/mt and a backwardation of RMB 0-80/mt over SHFE 1309 copper contract on Monday.
US West Coast ferrous scrap prices strengthen, Midwest prices trend lower

US West Coast ferrous scrap prices strengthen, Midwest prices trend lower

August 30th 2013 08:12 AM
The containerized and bulk prices of ferrous scrap on US West Coast strengthened over the week, whereas Midwest prices trended lower
LME Spot Price of Nickel Rises as China Stainless Market Holds Pat

LME Spot Price of Nickel Rises as China Stainless Market Holds Pat

May 1st 2013 01:32 AM
With a 1.0 percent increase over the past day, the spot price of nickel was the biggest mover on the LME, closing at $15,280 per metric ton on Monday, April 29. On the LME, the 3-month price of nickel rose 0.8 percent to $15,350 per metric ton.
Russian scrap exports fall significantly year-on-year

Russian scrap exports fall significantly year-on-year

April 16th 2013 07:22 AM
The recent data published by the Russian Federal State Statistical Services suggests that the total scrap exports of the country has improved from those during the previous month
Base metals sink lower on the LME

Base metals sink lower on the LME

March 7th 2013 02:52 AM
Base metals closed mostly lower on the London Metal Exchange (LME) after witnessing thin trading and lack of interest by investors.
Copper prices cool off from recent highs; Overall sentiment remains positive

Copper prices cool off from recent highs; Overall sentiment remains positive

February 13th 2013 01:46 AM
The early indications of a recovery of the US Economy and the hopes triggered by the surprisingly positive Chinese trade data had taken the copper prices to new highs in early February. The March Copper Futures on the Comex division of the New York Mercantile Exchange clocked the high point of $3.7820 a pound. Since then, copper along with other base metals has taken a hit.
LME Official Settlements of 08.02.2013

LME Official Settlements of 08.02.2013

February 11th 2013 11:18 AM
The last offer price for LME Official settlements on 8th February, 2013 is as follows
Huge demand from Automakers may pull aluminium out of a slump

Huge demand from Automakers may pull aluminium out of a slump

February 6th 2013 07:06 AM
Carmakers around the globe have hinted at the increased use of aluminium in place of the heavier steel. The use of aluminum is reported to enhance the fuel efficiency of the vehicle and make the vehicle more lighter.
Japanese scrap exports decline 7.4% m-o-m in Nov

Japanese scrap exports decline 7.4% m-o-m in Nov

January 2nd 2013 06:13 AM
Japan's ferrous scrap exports reached 735,211 metric tons (mt) in November this year, advanced 19.3% year-on-year and declined by 7.4% month-on-month, as per the latest statistics released by Japan's Ministry of Finance.
Tata Steel arranges $6.6bln loan to build a new Indian Steel plant

Tata Steel arranges $6.6bln loan to build a new Indian Steel plant

October 9th 2012 03:11 AM
Tata Steel Limited (BSE: 500470) has earned a $6.6 billion loan from Indian banks to fund new steel plant’s construction in eastern India.
India scrap metal prices continue mixed trend

India scrap metal prices continue mixed trend

September 29th 2012 01:38 AM
Indian scrap metal prices continued mixed trend on Friday in both Mumbai and Delhi metal market.
LME Copper dropes as US stimulus hopes fade

LME Copper dropes as US stimulus hopes fade

August 27th 2012 05:41 AM
London Metal Exchange (LME) copper fell on Friday, largely tracking a volatile euro versus the dollar, but cut its losses later in the day on hopes that European policymakers were perhaps gaining an upper hand in containing the region's long-standing debt problem.
France manufacturing production drops 3.1% y-o-y in Q2: INSEE

France manufacturing production drops 3.1% y-o-y in Q2: INSEE

August 11th 2012 03:14 AM
According to the statistics released by France's National Institute of Statistics and Economic Studies (INSEE), the country's manufacturing production in June this year remained almost stable compared to May with a slight increase of 0.1 percent, following a revised month-on-month decrease of 1.1 percent recorded in May.
Sims Recycling to pursue e-Stewards certification

Sims Recycling to pursue e-Stewards certification

July 12th 2012 03:02 AM
Sims Recycling Solutions, Americas, (Sims) the global leader in electronics reuse and recycling, has announced that it will pursue e-Stewards certification at its 14 North American electronics processing facilities.
Scrap Item Price Unit
Zorba 90% NF 0.72 $US / Lb
6061 Extrusions 0.80 $US / Lb
Old Sheet 0.70 $US / Lb
Al/Cu Radiators 1.59 $US / Lb
Old Cast 0.71 $US / Lb
6063 Extrusions 0.82 $US / Lb