Scrap Investors Inc. - Market Reports/Industry News

Copper and cobalt prices both look well supported: ERG CEO

... commodity derivatives trading will include ICE Futures Europe, the London Platinum and Palladium Market (LPPM) and the London Metal Exchange ...

EUROPE ALLOY STEEL SCRAP: Prices firm on higher nickel, molybdenum costs

"Visible exchange stocks finished 2018 at the lowest level in almost four years, while copper cathode premiums in all major regions of consumption ...

Underlying demand growth remains a boon for cobalt and copper – ERG

The largest gains were seen in the price of European 18/8 scrap solids imports, which moved up by €20-40 per tonne to €940-980 ($1,079-1,125) per ...

Creamer Media's Mining Weekly

Meanwhile, Sobotka noted that the recent 17% year-on-year drop in copper prices was not justified by the red metal's robust fundamentals.

TURKEY FLAT STEEL: Prices increase, more increases expected

Copper scrap a 'wild card' for China in 2019

Fastmarkets' daily index for Northern Europe-origin HMS 1&2 (80:20) scrap - a raw material of flat steel production - was calculated at $297.39 per ...

Recycling International

China set a new record last year in terms of how much copper it sucked in from the rest of the world, Reuters has reported. Imports of refined metal ..

DAILY SCRAP REPORT: Flurry of new bookings pushes prices up

GLOBAL COPPER WRAP: Global Cu markets quiet ahead of major holidays in Asia; European ...

Several deep-sea bookings from a variety of locations came to light late on Friday after the deadline for the indices that day. A steel mill in the Izmir ...

Radioactive metal illegally sold for scrap: lawmaker

Asian copper premiums broadly steady in run-up to February holidays European ... Fastmarkets assessed the premium for grade A copper cathode cif ...

Taipei Times

19, at least four batches of scrap metal were illegally transported from the ... The council said that it reviewed the scrapyards' recycling records and ...

MLA tackles illegal dumping complaints along Halifax's Prospect Road

TheChronicleHerald.ca

A bustling scrap metal recycling plant, John Ross and Sons Ltd., sits just beside Halifax C&D Recycling. Another auto salvage yard is located nearby ...

Saint John should sue port authority over American Iron and Metal, councillor says

CBC.ca

Reardon said she is exploring whether the city can legally sue the port to force it to take action against the scrap metal recycling operation on the west ...

Global metal recycler Sims' earnings set to fall

Police investigating after $40000 worth of copper wire stolen from Memphis church

This strength in UK pricing is reflected in Argus data for the July-December period. The Argus daily HMS 1/2 80:20 cfr Turkey ferrous scrap price ...

FOX13 Memphis

Once inside, they took as much copper as they could get their hands on, destroying ceiling tiles to access pipes and slamming holes in walls to get to ...

London Metal Exchange to launch seven new contracts: Andy Home

Chinese ADC12 aluminum price slumps to 10-year low on supply glut

LONDON, Jan 22 (Reuters) - The London Metal Exchange (LME) has unveiled ... on its core base metal contracts for the bulk of its trading volumes.

China's copper imports shrink for 2nd straight month

Low LME prices usually drive down those of scrap aluminum feedstock with a knock-on effect on ADC12 alloys. "If LME falls to $1,600-$1,700/mt, there ...

SMM - Shanghai Metals Market (press release)

SHANGHAI, Jan 14 (SMM) – China's imports of unwrought copper and ... as restrictions on copper scrap imports prompted Chinese copper processors .

China Might Want to Thank Trump for Record Aluminum Exports

Market Realist

Aluminum producers including Alcoa (AA) and Century Aluminum (CENX) blame higher Chinese exports for falling global aluminum prices.

China's 2018 iron ore imports fall 1 pct, first annual drop since 2010

Global metals trading volumes slide on macro uncertainty: Andy Home

Steel exports continue to fall in 2018 (Adds steel exports, graphic) ... Electric-arc furnaces only use scrap metal and electricity to produce crude steel, ...

Trade war's wounded: Companies improvise to dodge cost hikes

Investors have fled the industrial metals markets as previous trading ... On the London Metal Exchange (LME), volume growth turned negative from ...

Seymour Tribune

The higher costs resulting from Trump's tariffs have yet to inflict much ... An aluminum smelter in Missouri reopened under new ownership this year, ...

Premiums for Japan aluminium imports in Q1 fall to 2-year low

Turkish scrap bookings accelerate, rebar mills target Europe

TABLE: Japan aluminium premiums (Adds quotes and details). By Yuka ... The final prices came below the initial offers of $91 to $93 a tonne made by ...

Kallanish

One of the consignments was for 28,000t of HMS 80:20 at $280/t, 5,000t ... A European scrap merchant said the latest deals show scrap prices have ... upon hearing the suggestion that scrap has bottomed an international steel trader ...

Palladium hits record peak on China impetus; weak dollar lifts gold

CNBC

The metal is likely to draw strength from a Chinese plan to introduce ... The metal, used in emissions-reducing catalysts for vehicles, is trading at a ...

Sponsor

Why Morgan Stanley says 'the stars are aligned' for Dr. Copper and related stocks

MarketWatch

At the same time, China demand is expected to pick up, which could drive copper to a price of $3.12 a pound HGH9, +0.07% by the end of 2019, ..

Cobalt's price crash bottoming out, stocks to hinder quick rally

Reuters UK

London Metal Exchange prices have crashed to two-year lows of $32,000 a ... “Key markets for cobalt metal such as tools, magnets, superalloys are ..

Looking for answers from Dr Copper? He's confused as well

Gulf Times

Doctor Copper seems very confused at the moment. The metal with the honorary degree in economics is caught between the current reality of ...

Copper Market to be Worth US$222.1 Bn by 2026 due to Booming Demand From Automotive and ...

PRNewswire (press release)

However, price fluctuations of copper are hampering its adoption in the price-sensitive markets and restraining growth of the market to some extent.

CMX to reopen Colonial copper foundry

Fitch Ratings: Stable Global Mining Outlook Despite Tariffs, China Risks

CMX will produce high-quality copper casting alloys at the Columbia, ... electric arc furnace, which was used to recover low-grade copper scrap.

Hellenic Shipping News Worldwide

Our medium-term view on copper remains unchanged, and we expect global ... China's existing and potential bans on copper scrap could alter global ...

British Steel announces £30/t increases across products

Precious metals refiner Asahi wins auction to acquire Republic Metals

British Steel announces £30/t increases across products ... demand, reaching $317/t cfr Turkey today for HMS 1/2 (80:20), up from $300.70/t on 25 January. Turkish steel product prices have moved up on the scrap rise, as has billet.

DAILY SCRAP REPORT: Prices surge on higher transactions

Louisville, Kentucky — Precious metals refiner Asahi beat out Switzerland-based Valcambi SA in a court-supervised auction to acquire bankrupt ...

Where Some of the World's Top Hedge Funds Will Invest in 2019

A steel mill in the Marmara region booked a Baltic cargo comprising 25,500 tonnes of HMS 1&2 (80:20) scrap at $321.50 per tonne cfr and 7,500 ...

Bloomberg

Carbon futures, which reflect the price factories and utilities pay for their emissions, soared last ... If the trade war ends, copper prices will shoot up.

Legislation aims to limit Trump's 232 authority

American Metal Market

Blanket 25% and 10% tariffs on steel and aluminium imports were implemented by ... "Weakening the ability to push back against market-distorting, ...

Dovish Fed helps propel copper to seven-week high

Aluminium gains as traders eye falling stocks, China stimulus

WARRANTS: Copper has also been helped by worries about a tight LME market as cancelled warrants - metal earmarked for delivery from LME ...

London aluminium dives as US lifts Rusal sanctions

LONDON, Jan 29 (Reuters) - Aluminium prices rose on Tuesday as investors saw the previous session's 2.8 percent drop as overdone given falling ...

Copper prices set to boom

BEIJING, Jan 28 (Reuters) - London aluminium prices fell sharply in early Asian trade on Monday after the United States formally lifted sanctions on ...

Money FM Radio

The ZCCM Investments Holdings has projected that copper prices in the next three years will be as high as US$9, 000 per tonne due to the emerging ...

Copper Edges Lower After Weak Chinese Economic Data

Wall Street Journal

Copper for March delivery, the most-active futures contract, dropped 0.4% to $2.7730 a pound on the Comex division of the New York Mercantile ...

Burglars smashed concrete wall, stole $137000 in precious metals and cash from Bedford scrapyard

cleveland.com

A man who answered the phone Wednesday at Bedford Metal Recycling said he had no comment on the theft. Crime Stoppers of Cuyahoga County is ...

GLOBAL COPPER WRAP: Global Cu markets quiet ahead of major holidays in Asia; European ...

Elon Musk: Why I'm Building the Starship out of Stainless Steel

Asian copper premiums broadly steady in run-up to February holidays European ... Fastmarkets assessed the premium for grade A copper cathode cif ...

Popular Mechanics

So SpaceX is making a huge rocket out of stainless steel. ... then there's about a 35 percent scrap rate—you cut the fabric, and some of it you can't use.

ISTIM slowing metal flow out of its LME warehouses — sources

The Edge Markets MY

ISTIM slowing metal flow out of its LME warehouses — sources ... banks and traders of hoarding metal in London Metal Exchange (LME) warehouses, ..

Copper TC/RCs fall as traders target market tightness in Q219

Aluminum Scrap Abounds Thanks to Tariffs

Treatment and refining charges for spot copper concentrates fell in mid-January 2019 as the market began to price second quarter tonnages at lower ...

Wall Street Journal

Aluminum made from recycled scrap made up the majority of the aluminum used in the U.S. for the first time last year, according to market forecaster ...

North American automotive industry's aluminum usage to spike: Novelis exec

China Might Want to Thank Trump for Record Aluminum Exports

For instance, Ford could produce 34,000 F-150 trucks per month with the amount of aluminum it reuses via a closed loop recycling process, he said.

Market Realist

Aluminum producers including Alcoa (AA) and Century Aluminum (CENX) blame higher Chinese exports for falling global aluminum prices.

China to require new scrap import licenses: ISRI