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Ferrous scrap: U.S. exporters increase bulk shipments in September
U.S. ferrous scrap exporters increased dry bulk shipments in September, finding buyers in a greater variety of countries, including the second largest shipment to India so far this year. U.S. ferrous scrap bulk exports totaled 400,658 tons in September, up 3.8 percent...
Copper: Wieland will increase smelting capacity in Germany
German copper and alloy semi-finished products company Wieland said it plans to invest 80 million euros ($79.7 million) in a copper scrap melting plant to be located at its current plant in Vöhringen, Germany. The addition of about 80,000 tons of annual recycling...
Stainless steel: in Asia rise on supply concerns
Global demand for stainless steel remained weak throughout the summer period. However, Asian market sentiment became more optimistic following the return to work after the Mid-Autumn Festival vacation earlier this month. In early September, the LME nickel price began...
Wire rod steel: Indian producers’ margins fall for third straight month in September
Margins (conversion spread) of wire rod producers fell slightly by 1 percent m-o-m in Raipur, Chhattisgarh, and 4 percent in Durgapur, West Bengal, in September. The average spread stood at about INR 3,958/ton in Raipur and INR 3,586/ton in Durgapur. Raipur and...