Top Stories Global SCRAP REGISTER en-us 2017-08-22T05:12:41+01:00 US Scrap Gold prices gain; Gold Futures fail to stay above $1,300 an ounce>uploads/news/2017/8/20607211901503321448 United States scrap gold prices gained on the Scrap Register Price Index as on Friday, while gold futures prices at New York Mercantile Exchange touched their highest intraday level of the year, temporarily topping $1,300 an ounce before pulling back to settle lower for the session and the week. India Brass, Copper Scrap prices remain steady; Copper Futures down>uploads/news/2017/8/15190408221503319954 India’s major brass and copper scrap prices remained steady on the Scrap Register Price Index as on Friday, while copper futures prices at India's Multi Commodity Exchange settled down mainly due to a wave of speculative buying underpinned by expectations of strong demand in China. Chinese Refined Aluminum demand up 6.9 % during first half of 2017>uploads/news/2017/8/20119790471503314837 During the initial half of this year, China's refined Aluminum demand increased by about 9.6 percent to 17.5 million tons year on year, on the back of real estate, power network and car sectors, as per state-owned nonferrous metals information division Antaike. Turkish HMS 1/2 80:20 import prices climb to above $300 a ton>uploads/news/2017/8/6359672951503311763 Turkish HMS 1/2 80:20 scrap import weekly average prices (CFR Iskenderun Port, Turkey) climbed above $300 a ton during the week ended July 28, as per the latest figures from the Steel Index. India's Finished Steel exports increase in July>uploads/news/2017/8/5920552781503311001 Finished Steel export from India during July this year was seen to increased by about 64.2 percent to 0.770 million tons when compared to 0.469 million tons in the corresponding period last year. Global Tin market records a deficit of 7.6 kt during Jan to June>uploads/news/2017/8/9275322521503307059 Global tin market has recorded a deficit of 7.6 kilo tons during January to June this year and there were no DLA deliveries during the period, according to the World Bureau of Metal Statistics. Baltic Dry Index advances further to 1260 points>uploads/news/2017/8/11671295311503305922 The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities has advanced further to 1260 points level on Friday thanks to higher cape, panamax and supramax rates. Spain terror attacks fuel Gold demand; ETF Holdings rise again>uploads/news/2017/8/1547784531503295462 Gold remains on firmer footing, with exchange-traded-fund holdings continuing to rise and the metal helped by geopolitical events, said Commerzbank in a reserch note. DGCX to launch region’s first Sharia compliant Spot Gold Contract>uploads/news/2017/8/676447491503293242 This development is reflective of the growing potential of the Saudi Arabian and wider GCC regions Sharia compliant gold markets. According to the World Gold Council, Saudi Arabia’s gold demand stood between 60 and 85 tons. This is the highest in the Middle East and ranked sixth in the world; representing almost 30% of demand across the region. Gold’s gains not completely undone>uploads/news/2017/8/12384092301503034187 Although gold has lost some ground, falling from a recent two-month high as geopolitical tensions between the U.S. and Korea have eased, one analyst still sees some underlying strength in the marketplace.