Scrap Metal Prices and Scrap Metal Auctions

Aluminum Scrap Metal Prices China July 30 2010

admin — Sat, 31 Jul 2010 00:00:42 +0000

Spurred by the better stock market in the EU and UAS, the London Metal Exchange (LME) showed that aluminum futures on 29th rebounded, rose and finally closed at 2,095 points, up by 25 points, or 1.21%. Inventory, on Thursday, dropped 4,500 tons, totally to 4,390,625 tons. Today Shanghai aluminum...

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Copper Scrap Metal Prices China July 30 2010

admin — Fri, 30 Jul 2010 23:00:39 +0000

Spurred by the better stock market in the EU and UAS, the London Metal Exchange (LME) showed that copper futures on 29th rebounded, rose and finally closed at 7,255 points, up by 80 points, or 1.11%. Inventory, on Thursday, rose 100 tons, totally to 411,525 tons. Today Shanghai copper opened high,...

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Japanese H2 Scrap Average Prices Slid July 30 2010

admin — Fri, 30 Jul 2010 22:00:40 +0000

During the fourth week of July, Japanese H2 scrap average price in the Kanto region, Middle part and Kansai region was ￥26,931/ton, dropping by ￥300/ton than the previous week. The average price has dropped by ￥1,422/ton for successive three weeks. Among them, H2 scrap average price in the Kanto...

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Malaysia Scrap Imports Up in April 2010

admin — Fri, 30 Jul 2010 21:00:51 +0000

According to statistics, Malaysia imported 260,000 tons of scrap in April, an increase of 27.6 times year on year, also on a monthly increase of 180 percent. Meanwhile, scrap imports during January to April hit 579,000 tons, up by 420.8 percent year on year. Among them, import from the United...

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Tycoons Group Cuts Wire Rod Price July 30 2010

admin — Fri, 30 Jul 2010 20:00:55 +0000

Taiwan’s Tycoons Group has announced to cut its al-killed steel wire rod price by NT$1,500/ton to NT$25,500/ton, starting from July 30. The screw industry become worse for two months. In addition, China’s wire rod price is US$120~150/ton cheaper than Taiwan’s offer. Current demand remained...

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Vietnam Steel Price on Rise July 30 2010

admin — Fri, 30 Jul 2010 19:00:33 +0000

Vietnam domestic steel mills have raised steel prices since the start of July by 200,000 -700,000 dong/ton (US$10~37) after dropping their prices in May and June. Current prices for steel delivered at the mills are around 12.2 to 13.26 million dong/ton (US$640~696), and the retail prices are around...

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Stainless Steel Price Goes Up Despite Slow Demand July 30 2010

admin — Fri, 30 Jul 2010 18:00:05 +0000

LME nickel price is edging higher recently and Taiwan’s major stainless steel producers have also announced to increase their prices accordingly. Tang Eng has announced to increase its price after Yieh United Steel Corp. (Yusco) announced it new price. The price level is expected to close between...

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