FastMarkets

DAILY STEEL SCRAP: Mills silent during Eid holidays

Turkish steel mills remained absent from the deep-sea market on Friday May 14 as a result of the post-Ramadan Eid al-Fitr holiday, sources told Fastmarkets.

COKING COAL DAILY: Coking coal, PCI prices up in cfr, fob markets

Seaborne coking coal prices surged up in both the cfr and fob markets on Friday May 14 due to increased buying interest and positive market sentiment in both markets.

TAIWAN STEEL SCRAP: Strong demand, limited offers boost prices

Prices for containerized ferrous scrap in the key Taiwanese market surged this week amid strong demand for cargoes and limited offers from sellers waiting for more price increases.

Brazil's CSN secures $350mln funding for expansion of Casa de Pedra iron ore mine

Brazilian iron ore and flat steel producer Companhia Siderúrgica Nacional (CSN) has secured funding for the expansion of its Casa de Pedra mine at Congonhas in the southeastern state of...

FOCUS: Indian steel exports under threat amid worker shortage, freight problems

Exports of ferrous materials from India could become more logistically challenging in the coming weeks while the country battles the Covid-19 pandemic, market participants have told Fastmarkets.

DAILY STEEL SCRAP: Turkish deep-sea scrap import prices supported by Chinese demand for billet

Turkish steel producers continued to pay higher prices for deep-sea scrap after securing more billet sales into China, market participants told Fastmarkets on Tuesday May 11.

STEEL SCRAP WRAP: Prices may break through $500/t, sources say

Global steel scrap prices surged in the week to Friday May 7 and could well break through the $500 per tonne cfr mark, starting in Asia, market sources have told...

VIETNAM STEEL SCRAP: Prices on their way to $500 /t - sources

Import prices for ferrous scrap in Vietnam increased during the week to Friday May 7 on bullish sentiment in the spot market, and could break the $500-per-tonne-cfr-Vietnam mark for bulk...

DAILY STEEL SCRAP: Mills book more deep-sea cargoes despite sharp price rises

Turkish steel producers continued booking deep-sea scrap for June shipment despite fast-rising prices, sources told Fastmarkets on Thursday May 6.

DAILY STEEL SCRAP: Prices up by $42/tonne week-on-week in latest bookings

Turkish steel mills resumed their deep-sea scrap purchases for June shipments with another sharp increase in prices, market participants told Fastmarkets on Thursday May 5.