Top Stories Global SCRAP REGISTER en-us 2018-02-24T07:51:32+01:00 US Gold Scrap prices decline; Gold Futures edge up>uploads/news/2018/2/3143219061519390425 United States gold scrap prices declined on the Scrap Register Price Index as on Thursday, while gold futures prices at New York Mercantile Exchange slightly up as softness in the U.S. dollar and a slight pullback in bond yields helped to nudge the precious metal slightly higher. India Brass, Copper Scrap prices drop; Copper Futures gain>uploads/news/2018/2/3784639711519387652 India’s major brass and copper scrap commodities prices dropped on the Scrap Register Price Index as on Thursday, while copper futures prices at India's Multi Commodity Exchange gained despite copper prices at London Metal Exchange settled lower. Latin American Finished Steel output advances during 2017>uploads/news/2018/2/15980984071519384614 Latin America witnessed a hike of 52.9 million mt which was up by 4% on the year-ago period in the finished steel production, regional steel organization Alacero said. NGO reports 80% of Shipbreaking done on beaches of Indian subcontinent>uploads/news/2018/2/19158673081519381731 According to data released by NGO ship-breaking platform, 835 large ocean going commercial vessel were sold to scrap yard in 2017 out of that 543 were broken down by hand on the tidal beaches of Bangladesh, India and Pakistan amounting of 80.3 percent of all tonnage dismantled globally. ISRI set to become the first federation partner for first-ever Global Recycling Day>uploads/news/2018/2/721955311519376628 Global Recycling Day, which is the brainchild of the Bureau of International Recycling (BIR), will unite people across the world, highlighting the need to conserve our six primary resources (water, air, coal, oil, natural gas and minerals) and celebrating the power the “Seventh Resource”- the goods we recycle every day. Chinese Steel Scrap exports advance sharply in 2017>uploads/news/2018/2/8184859181519375428 Chinese steel Scrap exports has doubled during the year 2017 as domestic demand was dampened. According to the China Iron and Steel Association, China has exported 2.2 million tons of steel scrap last year, compared with just around 1,000 tons in 2016. ISRI launches mobile app for Scrap Industry>uploads/news/2018/2/4131448431519371903 The new mobile app launched by the Institute of Scrap Recycling Industries (ISRI), ISRI Connect, is built around this concept and the importance of networking, news and information, and industry resources. Zinc market records deficit of 177 kilo tons in 2017>uploads/news/2018/2/15538298431519360561 The zinc market was in deficit by 177 kilo tons during January to December 2017 which compares with a surplus of 100 kilo tons recorded in the whole of the previous year, according to the World Bureau of Metal Statistics. US Gold Scrap prices fall; Gold Futures advance to $1,335 an ounce>uploads/news/2018/2/8211822591519303361 United States gold scrap prices fell on the Scrap Register Price Index as on Wednesday, while gold futures prices in electronic trade following the release of the minutes from the Federal Reserve’s meeting in January. Emerging Inflation in US likely to boost Gold, Silver, Copper, Nickel>uploads/news/2018/2/840613161519301885 Rising inflation is beneficial for commodities. In fact, metals, both base and precious, exhibit their best performance (both outright and volatility-adjusted) when inflation has reached the [Federal Reserve’s] 2 percent target and continues rising.