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Italian Ferrous Scrap Stabilizing After The May Increases
After the tensions and increases recorded in the first weeks of May, the Italian ferrous scrap market seems to have entered a phase of greater balance. Prices, in the latest week, have substantially stabilized, interrupting the bullish movement that had characterized...
Steel Scrap In India Under Pressure: Weak Demand, Falling Rupee And Buyers Retreating
The Indian imported steel scrap market showed a further slowdown in the week to Friday May 22, confirming a phase of strong caution from steelmakers. The combination of weak demand for finished steel, falling semi-finished prices and a weaker rupee against the dollar...
Silico-Manganese In Europe Rising After The Immediate Exhaustion Of Indian Quotas
The European silico-manganese market recorded an increase on Friday May 22, supported by a clear improvement in sentiment after the rapid exhaustion of the new tariff quotas available for India and other origins. The measure reignited operators’ attention on import...
US Aluminium Scrap Quieter Before Memorial Day, But Prices Remain Supported
The US aluminium scrap and secondary alloys market went through the week to Thursday May 21 at a slower pace, due to the approach of the long Memorial Day weekend. Trading activity reduced, negotiations were less numerous and several operators described a particularly...