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SCRAP METAL PRICES

TOP SCRAP NEWS

  • China's Copper Tube and Pipe producers avg operating rate down to 77.55% in July

    Some copper tube/pipe producers reported relatively high operating rates in July as they fulfilled prior orders. Assuming the air conditioner sales are unlikely to improve much this month, producers expect their average operating rate to fall another 2 percentage points to 75.65%.

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  • LME warehouse demand drives Chinese Nickel exports up in June

    Outbound shipments of nickel from China surged in June, and most of exports were for delivery to LME warehouse.

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  • Global Crude Steel production edges up in July

    Global crude steel production was 137 million tons (Mt) in July which represent an increase of 1.7% compared to July, as per the World Steel Association (worldsteel).

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