Top Stories https://www.scrapregister.com/rss/suppliers Global SCRAP REGISTER en-us 2017-12-13T05:03:57+01:00 tranzmedia.com Scrapregister.com https://www.scrapregister.com//images/web/logo.png https://www.scrapregister.com/ Support seen at $1,240 for Gold, then $1,210 to $1,200 https://www.scrapregister.com/>uploads/news/2017/12/5883204251513098578 https://www.scrapregister.com/news/43783/support-seen-at-1240-for-gold-then-1210-to-1200 https://www.scrapregister.com/news/43783/support-seen-at-1240-for-gold-then-1210-to-1200 The next key chart support for gold is $30 or more below the market, although gold moves are likely to remain muted until the market knows the outcome of a U.S. Federal Open Market Committee meeting on Wednesday, said MKS (Switzerland) S.A. US Scrap Gold prices fall tracking the weakness in Futures https://www.scrapregister.com/>uploads/news/2017/12/10659209771513081402 https://www.scrapregister.com/news/43782/us-scrap-gold-prices-fall-tracking-the-weakness-in-futures https://www.scrapregister.com/news/43782/us-scrap-gold-prices-fall-tracking-the-weakness-in-futures United States gold scrap prices showed a down trend on the Scrap Register Price Index as on Monday, tracking the weakness in gold futures prices at New York Mercantile Exchange due to gains in US stocks and bitcoin prices dented the metal’s investment appeal. US October Steel shipments advance 12.8% y/y https://www.scrapregister.com/>uploads/news/2017/12/1220942281513080104 https://www.scrapregister.com/news/43781/us-october-steel-shipments-advance-12.8-yy https://www.scrapregister.com/news/43781/us-october-steel-shipments-advance-12.8-yy United States mills has shipped 7,710,777 net tons of steel during the month of October this year, an increase of 12.8 percent from the 6,832,801 net tons shipped in October 2016, according to the latest figures released by the American Iron and Steel Institute (AISI). India Brass, Copper Scrap prices drop; Copper Futures up on weaker Dollar https://www.scrapregister.com/>uploads/news/2017/12/9624025501513074454 https://www.scrapregister.com/news/43780/india-brass-copper-scrap-prices-drop-copper-futures-up-on-weaker-dollar https://www.scrapregister.com/news/43780/india-brass-copper-scrap-prices-drop-copper-futures-up-on-weaker-dollar India’s major brass and copper scrap prices dropped on the Scrap Register Price Index as on Monday, while copper futures prices at India's Multi Commodity Exchange settled higher driven by weaker dollar and data from top consumer China that indicated higher demand. Why Indian Steel demand slow to realise its growth potential? https://www.scrapregister.com/>uploads/news/2017/12/20827546311513069840 https://www.scrapregister.com/news/43779/why-indian-steel-demand-slow-to-realise-its-growth-potential https://www.scrapregister.com/news/43779/why-indian-steel-demand-slow-to-realise-its-growth-potential An important takeaway from this debate is that India has been making steady, if not impressive, progress in its reform efforts and the process may even gather pace with every Indian state competing to improve their business and investment environment. US domestic Raw Steel production increases 7.8% to 1,720,000 net tons https://www.scrapregister.com/>uploads/news/2017/12/17570623521513069416 https://www.scrapregister.com/news/43778/us-domestic-raw-steel-production-increases-7.8-to-1720000-net-tons https://www.scrapregister.com/news/43778/us-domestic-raw-steel-production-increases-7.8-to-1720000-net-tons United States domestic raw steel production has increased by 7.8 percent to 1,720,000 net tons in the week ended on December 2, 2017, while the capability utilization rate was 73.8 percent, according to the latest figures released by the American Iron and Steel Institute (AISI). India's Nickel Scrap prices down; Nickel Futures up 2.11% on Chinese demand https://www.scrapregister.com/>uploads/news/2017/12/3350217171513059853 https://www.scrapregister.com/news/43777/indias-nickel-scrap-prices-down-nickel-futures-up-2.11-on-chinese-demand https://www.scrapregister.com/news/43777/indias-nickel-scrap-prices-down-nickel-futures-up-2.11-on-chinese-demand India major nickel scrap prices dropped on the Scrap Register Price Index as on Monday, while nickel futures prices at India's Multi Commodity Exchange climbed on weak dollar and a positive demand data from China. Weakness in Gold unlikely to continue https://www.scrapregister.com/>uploads/news/2017/12/9882852431513052937 https://www.scrapregister.com/news/43776/weakness-in-gold-unlikely-to-continue https://www.scrapregister.com/news/43776/weakness-in-gold-unlikely-to-continue The Fed statement coming this Wednesday might not be as positive as the markets expect, even despite a rate hike announcement. Global Tin market records deficit of 5.8 kilo tons during Jan to Sept https://www.scrapregister.com/>uploads/news/2017/12/14461425621512999205 https://www.scrapregister.com/news/43775/global-tin-market-records-deficit-of-5.8-kilo-tons-during-jan-to-sept https://www.scrapregister.com/news/43775/global-tin-market-records-deficit-of-5.8-kilo-tons-during-jan-to-sept The tin market has recorded a deficit of 5.8 kilo tons during January to September of this year and there were no DLA deliveries during the period, according to the latest data released by the World Bureau of Metal Statistics. US Scrap Gold, Gold Futures prices decline on strong Dollar https://www.scrapregister.com/>uploads/news/2017/12/13564059281512998388 https://www.scrapregister.com/news/43774/us-scrap-gold-gold-futures-prices-decline-on-strong-dollar https://www.scrapregister.com/news/43774/us-scrap-gold-gold-futures-prices-decline-on-strong-dollar United States gold scrap prices declined on the Scrap Register Price Index as on Friday, tracking the weakness in gold futures prices at New York Mercantile Exchange as dollar rises on US tax reform progress.