aluminium
Aluminium

India: Imported aluminium scrap prices edge down w-o-w ahead of Diwali

Imported aluminium scrap prices in India remained rangebound with slight downfall in prices w-o-w. Although buying interest was weak, bid-offer disparity was seen despite rangebound levels in LME aluminium prices. BigMint’s benchmark assessment for tense scrap originating from the UAE was at $1,770/t, slightly lower w-o-w, and for zorba 95/5 from the UK at $2,070/t, both […]

scrap
Ferro Alloy

US: Ferrous scrap export index falls $6/t w-o-w on dull inquiries from key buyers

The US ferrous scrap export index has experienced a w-o-w decline, primarily due to weakened demand from Turkiye, which is currently focusing on pushing the imported price down amid cheap availability of European material. Additionally, the falling EU exchange rate is likely to support European suppliers in lowering their offers for Turkiye further impacting the […]

Imported ferrous scrap

Pakistan: Imported ferrous scrap index down $2/t w-o-w; weak rebar sales dampen buying interest

HRC
Steel

Japan challenges Turkiye’s HRC anti-dumping probe findings

Mysteel: Japan has responded angrily to the decision of Turkiye’s Ministry of Trade earlier this month to impose anti-dumping (AD) duties on imports of hot-rolled coil (HRC) originating from several countries, including Japan, describing the decision as inappropriate and very regrettable. Turkiye’s trade ministry announced on 11 October that HRC imports from China, India, Russia, and […]

PELLEX rises

India: PELLEX rises by INR 500/t ($6/t) post-increased premiums in OMC auction

steel mills

South Korea: Ferrous scrap inventory rises as steel mills cut back on production

Tokyo Steel

Japan: Tokyo Steel keeps steel prices stable m-o-m for Nov’24 sales