IScrapMetal.com http://iscrapmetal.com Scrap Metal News and Scrap Metal Prices Sat, 19 May 2012 15:26:37 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Confidence remains in base metals, acquisition data shows – MEG http://iscrapmetal.com/confidence-remains-in-base-metals-acquisition-data-shows-meg/ http://iscrapmetal.com/confidence-remains-in-base-metals-acquisition-data-shows-meg/#comments Sat, 19 May 2012 15:26:37 +0000 frgsim http://iscrapmetal.com/confidence-remains-in-base-metals-acquisition-data-shows-meg/
  • MINES AND MONEY: Role of China, copper to grow in base metals space
  • Samuel looking for more acquisitions
  • Samuel looking for more acquisitions
    • ]]>     The 2011 dollar volume of significant acquisitions within the metals industry totalled $47.4 billion, down 4% compared with the year before, according to Metals Economics Group (MEG).

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    Confidence remains in base metals, acquisition data shows – MEG

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    1. MINES AND MONEY: Role of China, copper to grow in base metals space
    2. Samuel looking for more acquisitions
    3. Samuel looking for more acquisitions

    ]]>     http://iscrapmetal.com/confidence-remains-in-base-metals-acquisition-data-shows-meg/feed/ 0     MEIR ON METALS: Greek talks collapse; markets adrift http://iscrapmetal.com/meir-on-metals-greek-talks-collapse-markets-adrift/ http://iscrapmetal.com/meir-on-metals-greek-talks-collapse-markets-adrift/#comments Sat, 19 May 2012 15:26:32 +0000 frgsim http://iscrapmetal.com/meir-on-metals-greek-talks-collapse-markets-adrift/
  • MEIR ON METALS: Markets adrift as Greek elections loom, Spanish rates push higher
  • MEIR ON METALS: Metals turn lower on extended Greek talks, poor US IP number
  • MEIR ON METALS: Commodities lower as Greek talks drag on; euro either side of $1.30
    • ]]>     Analyst Ed Meir looks at what is moving the metal markets on Wednesday May 16.

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    MEIR ON METALS: Greek talks collapse; markets adrift

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    ]]>     http://iscrapmetal.com/meir-on-metals-greek-talks-collapse-markets-adrift/feed/ 0     IRON ORE DERIVATIVES WRAP: OTC volumes remain high http://iscrapmetal.com/iron-ore-derivatives-wrap-otc-volumes-remain-high/ http://iscrapmetal.com/iron-ore-derivatives-wrap-otc-volumes-remain-high/#comments Sat, 19 May 2012 15:26:29 +0000 frgsim http://iscrapmetal.com/iron-ore-derivatives-wrap-otc-volumes-remain-high/
  • IRON ORE DERIVATIVES WRAP: OTC iron ore volumes remain subdued
  • IRON ORE DERIVATIVES WRAP: SMX futures hit record level
  • IRON ORE DERIVATIVES WRAP: Swaps, futures volumes low; prices remain rangebound
    • ]]>     Several consecutive days of sharp OTC iron ore price drops slowed on Wednesday May 16, brokers told Metal Bulletin.

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    IRON ORE DERIVATIVES WRAP: OTC volumes remain high

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    1. IRON ORE DERIVATIVES WRAP: OTC iron ore volumes remain subdued
    2. IRON ORE DERIVATIVES WRAP: SMX futures hit record level
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    ]]>     http://iscrapmetal.com/iron-ore-derivatives-wrap-otc-volumes-remain-high/feed/ 0     ThyssenKrupp AG to sell US foundry to private equity firm http://iscrapmetal.com/thyssenkrupp-ag-to-sell-us-foundry-to-private-equity-firm/ http://iscrapmetal.com/thyssenkrupp-ag-to-sell-us-foundry-to-private-equity-firm/#comments Sat, 19 May 2012 15:26:26 +0000 frgsim http://iscrapmetal.com/thyssenkrupp-ag-to-sell-us-foundry-to-private-equity-firm/
  • TK to sell US foundry to private equity firm
  • United Copper acquired by private equity firm KPS
  • Heemskirk sells tungsten project to private equity firm
    • ]]>     ThyssenKrupp AG has agreed to sell its U.S. foundry business to private equity firm KPS Capital Partners LP.

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    ThyssenKrupp AG to sell US foundry to private equity firm

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    1. TK to sell US foundry to private equity firm
    2. United Copper acquired by private equity firm KPS
    3. Heemskirk sells tungsten project to private equity firm

    ]]>     http://iscrapmetal.com/thyssenkrupp-ag-to-sell-us-foundry-to-private-equity-firm/feed/ 0     Currency, falling nickel price puts pressure on European stainless flats http://iscrapmetal.com/currency-falling-nickel-price-puts-pressure-on-european-stainless-flats/ http://iscrapmetal.com/currency-falling-nickel-price-puts-pressure-on-european-stainless-flats/#comments Sat, 19 May 2012 15:26:21 +0000 frgsim http://iscrapmetal.com/currency-falling-nickel-price-puts-pressure-on-european-stainless-flats/
  • European stainless flats prices under pressure
  • Falling nickel prices pressurise European CR stainless sheet
  • Nickel costs, Greek turmoil hit European stainless flats prices
    • ]]>     The euro crisis and falling nickel prices will put flat-rolled stainless steel prices in Europe’s domestic market under heavy pressure, market sources told Metal Bulletin on Friday May 18.

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    Currency, falling nickel price puts pressure on European stainless flats

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    1. European stainless flats prices under pressure
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    3. Nickel costs, Greek turmoil hit European stainless flats prices

    ]]>     http://iscrapmetal.com/currency-falling-nickel-price-puts-pressure-on-european-stainless-flats/feed/ 0     Polish steel distributor Bowim records $1m Q1 net loss http://iscrapmetal.com/polish-steel-distributor-bowim-records-1m-q1-net-loss/ http://iscrapmetal.com/polish-steel-distributor-bowim-records-1m-q1-net-loss/#comments Sat, 19 May 2012 15:26:18 +0000 frgsim http://iscrapmetal.com/polish-steel-distributor-bowim-records-1m-q1-net-loss/
  • Ruukki records $12.5m third-quarter loss on falling deliveries
  • IMS group records operational profit after seven quarters of loss
  • Brazil’s MMX records $121 million net loss for ’09
    • ]]>     Steel distributor firm Bowim has recorded a net loss of 3.68 million zloty ($1.07 million) for the first quarter of 2012, according to a statement the Polish company has lodged with the Warsaw Stock Exchange.

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    Polish steel distributor Bowim records $1m Q1 net loss

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    1. Ruukki records $12.5m third-quarter loss on falling deliveries
    2. IMS group records operational profit after seven quarters of loss
    3. Brazil’s MMX records $121 million net loss for ’09

    ]]>     http://iscrapmetal.com/polish-steel-distributor-bowim-records-1m-q1-net-loss/feed/ 0     European secondary aluminium prices stable as demand falls away http://iscrapmetal.com/european-secondary-aluminium-prices-stable-as-demand-falls-away/ http://iscrapmetal.com/european-secondary-aluminium-prices-stable-as-demand-falls-away/#comments Sat, 19 May 2012 15:26:16 +0000 frgsim http://iscrapmetal.com/european-secondary-aluminium-prices-stable-as-demand-falls-away/
  • European secondary aluminium prices stay high on nearby demand
  • European secondary aluminium prices stable in face of turmoil
  • UK secondary aluminium prices stable on continental demand
    • ]]>     European secondary aluminium ingot prices remained stable on Friday May 18, with poor demand adding to the woes of producers struggling with low prices and high raw material costs.

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    European secondary aluminium prices stable as demand falls away

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    1. European secondary aluminium prices stay high on nearby demand
    2. European secondary aluminium prices stable in face of turmoil
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    ]]>     http://iscrapmetal.com/european-secondary-aluminium-prices-stable-as-demand-falls-away/feed/ 0     Natural gas bolstering US OCTG outlook http://iscrapmetal.com/natural-gas-bolstering-us-octg-outlook/ http://iscrapmetal.com/natural-gas-bolstering-us-octg-outlook/#comments Sat, 19 May 2012 15:26:13 +0000 frgsim http://iscrapmetal.com/natural-gas-bolstering-us-octg-outlook/
  • US OCTG market wobbles amid natural gas rig fears
  • US stainless forecast tempers ATI outlook
  • Correction: Stainless forecast tempers 2012 ATI outlook
    • ]]>     The forecast for the oil country tubular goods (OCTG) market is strong for the rest of the year, boosted by an optimistic outlook on the abundant supply of natural gas in the long run, according to two of TMK Ipsco’s top executives.

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    Natural gas bolstering US OCTG outlook

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    1. US OCTG market wobbles amid natural gas rig fears
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    ]]>     http://iscrapmetal.com/natural-gas-bolstering-us-octg-outlook/feed/ 0     UK 18/8 stainless scrap solids prices drop as business tails off http://iscrapmetal.com/uk-188-stainless-scrap-solids-prices-drop-as-business-tails-off/ http://iscrapmetal.com/uk-188-stainless-scrap-solids-prices-drop-as-business-tails-off/#comments Sat, 19 May 2012 15:26:10 +0000 frgsim http://iscrapmetal.com/uk-188-stainless-scrap-solids-prices-drop-as-business-tails-off/
  • Nickel drop weighs on UK 18/8 stainless scrap solids prices
  • UK 18/8 stainless steel scrap solids prices drop on LME nickel fall
  • UK 18/8 stainless steel solids prices fall again on LME nickel drop, ferrous weakness
    • ]]>     Trade on the 18/8 stainless steel scrap solids UK inter-merchant market slowed this week on worries over the possible disintegration of the eurozone and weak nickel prices.

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    UK 18/8 stainless scrap solids prices drop as business tails off

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    ]]>     http://iscrapmetal.com/uk-188-stainless-scrap-solids-prices-drop-as-business-tails-off/feed/ 0     DAILY SCRAP REPORT: US seller offloads cargo to Turkey http://iscrapmetal.com/daily-scrap-report-us-seller-offloads-cargo-to-turkey/ http://iscrapmetal.com/daily-scrap-report-us-seller-offloads-cargo-to-turkey/#comments Sat, 19 May 2012 15:26:07 +0000 frgsim http://iscrapmetal.com/daily-scrap-report-us-seller-offloads-cargo-to-turkey/
  • DAILY SCRAP REPORT: Rumours of cargo sales spread after quick-shipment deal to Turkey
  • DAILY SCRAP REPORT: Rumours of cargo sales spread after quick-shipment deal to Turkey
  • DAILY SCRAP REPORT: ex-US ferrous cargo prices breach $465 cfr level to Turkey
    • ]]>     Metal Bulletin’s Daily Ferrous Scrap Index fell to $436.06 per tonne cfr Iskenderun on an HMS 1&2 (80:20) basis on Friday May 18, down from $440.36 on May 17.

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    DAILY SCRAP REPORT: US seller offloads cargo to Turkey

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    3. DAILY SCRAP REPORT: ex-US ferrous cargo prices breach $465 cfr level to Turkey

    ]]>     http://iscrapmetal.com/daily-scrap-report-us-seller-offloads-cargo-to-turkey/feed/ 0