News
CHINA STEEL WRAP: Rebar prices up 3.7% week-on-week
October 29, 2011
Shanghai Futures Exchange rebar prices rose 3.7% on the week, as market sentiment warms to progress in tackling the European debt problem + SHFE Jan rebar up 3.7% week-on-week at 4,123 yuan ($647) + Spot iron ore extends collapse, falls $4 + … Read More
DAILY SCRAP REPORT: Index drops to $422, market sources optimistic
October 29, 2011
MB’s Daily Ferrous Scrap Index cfr Iskenderun fell to $422.94 on an HMS 1&2 (80:20) basis on Friday, down from $423.35 on October 27 as prices to Turkey drifted. No new deals were heard on Friday but sources said that they expected a pick-up … Read More













