Metal News https://www.scrapregister.com/rss/suppliers Global SCRAP REGISTER en-us 2018-04-22T08:35:34+01:00 tranzmedia.com Scrapregister.com https://www.scrapregister.com//images/web/logo.png https://www.scrapregister.com/ India Aluminium Scrap prices show uptrend; MCX Aluminium down tracking weakness in LME Aluminium https://www.scrapregister.com/>uploads/news/2018/4/21063411771524224797 https://www.scrapregister.com/news/44403/india-aluminium-scrap-prices-show-uptrend-mcx-aluminium-down-tracking-weakness-in-lme-aluminium https://www.scrapregister.com/news/44403/india-aluminium-scrap-prices-show-uptrend-mcx-aluminium-down-tracking-weakness-in-lme-aluminium India major Aluminium scrap prices showed an uptrend on the Scrap Register Price Index as on Thursday, while Aluminium futures prices at India's Multi Commodity Exchange settled down on long liquidation tracking weakness from LME aluminium prices as a rally driven by fears of a supply shortage in the wake of U.S. sanctions on Russian producer Unit Global Zinc market records a surplus in Jan-Feb https://www.scrapregister.com/>uploads/news/2018/4/4461329431524223441 https://www.scrapregister.com/news/44402/global-zinc-market-records-a-surplus-in-jan-feb https://www.scrapregister.com/news/44402/global-zinc-market-records-a-surplus-in-jan-feb The zinc market was in surplus by 86 kt during January to February 2018 which compares with a deficit of 486 kt recorded in the whole of the previous year, according to the latest data released by the World Bureau of Metal Statistics. India Brass, Copper Scrap prices gain; Copper Futures slightly down https://www.scrapregister.com/>uploads/news/2018/4/16103521521524222891 https://www.scrapregister.com/news/44401/india-brass-copper-scrap-prices-gain-copper-futures-slightly-down https://www.scrapregister.com/news/44401/india-brass-copper-scrap-prices-gain-copper-futures-slightly-down India’s major brass and copper scrap commodities prices gained on the Scrap Register Price Index as on Thursday, while copper futures prices at India's Multi Commodity Exchange settled down in line with copper futures prices at London Metal Exchange. Sanction fears lift Palladium, could run into profit-taking https://www.scrapregister.com/>uploads/news/2018/4/7523221331524219155 https://www.scrapregister.com/news/44400/sanction-fears-lift-palladium-could-run-into-profit-taking https://www.scrapregister.com/news/44400/sanction-fears-lift-palladium-could-run-into-profit-taking Palladium has risen on worries about U.S. sanctions on Russia but could quickly run into profit-taking selling if those sanctions end up not affecting the metal, said TD Securities. Global Copper market records a deficit of 10 kilo tons during Jan-Feb https://www.scrapregister.com/>uploads/news/2018/4/4913028351524202572 https://www.scrapregister.com/news/44399/global-copper-market-records-a-deficit-of-10-kilo-tons-during-jan-feb https://www.scrapregister.com/news/44399/global-copper-market-records-a-deficit-of-10-kilo-tons-during-jan-feb The copper market recorded a deficit of 10 kilo tons in January to February 2018 which follows a deficit of 263 kilo tons in the whole of 2017, according to the latest data released by the World Bureau of Metal Statistics. Indian holiday Gold demand met with stocks https://www.scrapregister.com/>uploads/news/2018/4/17462351291524196311 https://www.scrapregister.com/news/44398/indian-holiday-gold-demand-met-with-stocks https://www.scrapregister.com/news/44398/indian-holiday-gold-demand-met-with-stocks Indian gold demand during the Hindu Akshaya Tritiya festival appears to have been met by stockpiles in the country, said Commerzbank in a snippet. Global aluminium market in deficit during Jan- Feb: WBMS https://www.scrapregister.com/>uploads/news/2018/4/5460991591524139052 https://www.scrapregister.com/news/44396/global-aluminium-market-in-deficit-during-jan-feb-wbms https://www.scrapregister.com/news/44396/global-aluminium-market-in-deficit-during-jan-feb-wbms The calculated market balance for primary aluminium for January to February was a deficit of 223 kilo tons which follows a deficit of 1103 kilo tons recorded for the whole of 2017, according to the latest figures released by the World Bureau of Metal Statistics. India Aluminium Scrap prices flat; Aluminium Futures rally 6.03 percent https://www.scrapregister.com/>uploads/news/2018/4/6465904021524137253 https://www.scrapregister.com/news/44395/india-aluminium-scrap-prices-flat-aluminium-futures-rally-6.03-percent https://www.scrapregister.com/news/44395/india-aluminium-scrap-prices-flat-aluminium-futures-rally-6.03-percent India major Aluminium scrap prices remained flat on the Scrap Register Price Index as on Wednesday, while Aluminium futures prices at India's Multi Commodity Exchange rallied in line with Aluminium prices at London Metal Exchange. India Brass, Copper Scrap prices gain; Copper Futures advance in line with LME Copper https://www.scrapregister.com/>uploads/news/2018/4/3551724571524135891 https://www.scrapregister.com/news/44394/india-brass-copper-scrap-prices-gain-copper-futures-advance-in-line-with-lme-copper https://www.scrapregister.com/news/44394/india-brass-copper-scrap-prices-gain-copper-futures-advance-in-line-with-lme-copper India’s major brass and copper scrap commodities prices gained on the Scrap Register Price Index as on Wednesday, while copper futures prices at India's Multi Commodity Exchange advanced tracking the up trend in London Metal Exchange. Silver could rally more than 30 percent https://www.scrapregister.com/>uploads/news/2018/4/843398121524130017 https://www.scrapregister.com/news/44393/silver-could-rally-more-than-30-percent https://www.scrapregister.com/news/44393/silver-could-rally-more-than-30-percent The reason for such a gap between where the prices are and where they should be is the massive short selling in the futures market, the report stated, adding that it is unsustainable and that a major reversal is inevitable.