Metal StocksUpdated 12:09:19 UST, 08 Mar 2014
WASHINGTON (Scrap Monster): Week gone by has sent the first signal of an imminent revival in long market. Scrap market shrugged of the tag of favorite whipping boy by gaining USD 10-15 per tonne in recent deals.
In rare move transactions were concluded by Turkish mills with CIS suppliers at levels USD 345-350 per tonne CFR, USD 10-15…
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.
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.
The USA West Coast Copper Scrap Prices reported a positive up move today on October 4th Friday as on the Scrap Monster Price Index.
According to data, the scrap imports by Korea during the month of August declined year-on-year