Steel News http://www.scrapregister.com/rss/suppliers Global SCRAP REGISTER en-us 2017-06-28T05:54:28+01:00 tranzmedia.com Scrapregister.com http://www.scrapregister.com//images/web/logo.png http://www.scrapregister.com/ Asian blast furnace Iron production fall during May: worldsteel http://www.scrapregister.com/>uploads/news/2017/6/7078671211498558076 http://www.scrapregister.com/news/42777/asian-blast-furnace-iron-production-fall-during-may-worldsteel http://www.scrapregister.com/news/42777/asian-blast-furnace-iron-production-fall-during-may-worldsteel Asian blast furnace Iron production during the period of May this year was seen at 78.738 million tons, which is more than 78 percent of the total global production. The production during the month was seen to decline slightly when compared to 79.064 million tons in April this year. US domestic Raw Steel production decreases 1.5 percent y/y http://www.scrapregister.com/>uploads/news/2017/6/3719821491498542209 http://www.scrapregister.com/news/42772/us-domestic-raw-steel-production-decreases-1.5-percent-yy http://www.scrapregister.com/news/42772/us-domestic-raw-steel-production-decreases-1.5-percent-yy United States domestic raw steel production was 1,729,000 net tons in the week ended on June 24, 2017 while the capability utilization rate was 74.2 percent, according to the latest figures released by the American Iron and Steel Institute (AISI). Tangshan Spot billet prices remain flat http://www.scrapregister.com/>uploads/news/2017/6/6705635881498219017 http://www.scrapregister.com/news/42766/tangshan-spot-billet-prices-remain-flat http://www.scrapregister.com/news/42766/tangshan-spot-billet-prices-remain-flat Spot billet prices in Tangshan were flat. Spot rebar prices in Beijing lost RMB 5/t. The most active DCE iron ore contract gained 0.23% and SHFE rebar futures went up 0.55%. Hot Rolled Coil and Plate prices decrease in Northern Europe http://www.scrapregister.com/>uploads/news/2017/6/2935137231498129871 http://www.scrapregister.com/news/42756/hot-rolled-coil-and-plate-prices-decrease-in-northern-europe http://www.scrapregister.com/news/42756/hot-rolled-coil-and-plate-prices-decrease-in-northern-europe MEPS noted that delivery lead times from the mills have reduced. End-users are busy, in Sweden, and hot rolled coil sales volumes are healthy. In Finland, market activity is at a high level and, so far, the usual degree of slowing down, before the summer vacation period, has not been reported. Turkey to import Chinese Steel Scrap http://www.scrapregister.com/>uploads/news/2017/6/13099246811498125048 http://www.scrapregister.com/news/42752/turkey-to-import-chinese-steel-scrap http://www.scrapregister.com/news/42752/turkey-to-import-chinese-steel-scrap Turkey is looking forward to take their first cargo delivery of Chinese Steel scrap in few months, Mario Borsese, co-founder and managing partner at steel trader DP Trade quoted to Platts. Turkish Crude Steel production shoots up in May http://www.scrapregister.com/>uploads/news/2017/6/15044411861498122282 http://www.scrapregister.com/news/42751/turkish-crude-steel-production-shoots-up-in-may http://www.scrapregister.com/news/42751/turkish-crude-steel-production-shoots-up-in-may Turkish Crude Steel production has shot up by 9.7 percent to 3.3 metric tons during the month of May this year, according to the latest figures released by the World Steel Association (worldsteel). EU Steel prices decline due to high inventories and import pressure http://www.scrapregister.com/>uploads/news/2017/6/11924115151498046509 http://www.scrapregister.com/news/42747/eu-steel-prices-decline-due-to-high-inventories-and-import-pressure http://www.scrapregister.com/news/42747/eu-steel-prices-decline-due-to-high-inventories-and-import-pressure Inventories at distributors and OEMs remain relatively high. Large volume orders were placed at the turn of the year, in anticipation of price rises. The material has now been delivered or, in some instances, is still arriving, inflating already bloated stocks. China Crude Steel production increases in May http://www.scrapregister.com/>uploads/news/2017/6/21000177381498048571 http://www.scrapregister.com/news/42748/china-crude-steel-production-increases-in-may http://www.scrapregister.com/news/42748/china-crude-steel-production-increases-in-may Chinese crude steel production has increased by 1.2 percent year-on-year to 72.3 million tons during the month of May this year, according to the latest figures released by the World Steel Association (worldsteel). US Raw Steel production decreases to 1,739,000 net tons http://www.scrapregister.com/>uploads/news/2017/6/12195208961497935420 http://www.scrapregister.com/news/42736/us-raw-steel-production-decreases-to-1739000-net-tons http://www.scrapregister.com/news/42736/us-raw-steel-production-decreases-to-1739000-net-tons United States domestic raw steel production has decreased by nearly one percent to 1,739,000 net tons in the week ended on June 17, 2017, while the capability utilization rate was 74.6 percent, according to the latest figures the American Iron and Steel Institute (AISI). Iron ore prices firm further http://www.scrapregister.com/>uploads/news/2017/6/19085924741497611169 http://www.scrapregister.com/news/42729/iron-ore-prices-firm-further http://www.scrapregister.com/news/42729/iron-ore-prices-firm-further In China, port stock iron ore prices went up around RMB 5/t. Spot billet prices in Tangshan gained RMB 20 a ton. Spot rebar prices in Beijing rose RMB 15 a ton.