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SCRAP METAL PRICES

TOP SCRAP NEWS

  • Gold: Gross short positions at 2012 low

    Gross short positions are at their lowest since December 2012. This underscores the fragility of prices, said Barclays, given the absence of a sustained significant move higher amid rising geopolitical tensions and a lack of bearish interest in gold.

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  • EU Steel prices remain under negative pressure so far in 2014

    EU average flat products composite steel price decreased by almost 7 percent in the first half of 2014, compared with the corresponding period in the previous year.

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  • Chinese Copper imports fall by 10,000 tons in July

    China’s total refined copper imports fell by 10,000 tons on the month to 245,000 mt in July. Some foreign suppliers eschewed selling to Chinese importers as premiums for copper shipped to Shanghai fell below those to other regions.

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