Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

August 2018 | Steel Scrap and Metallics Forecaster


Accelerating EAF steel output in China kept scrap prices elevate: Latest Analysis


The extent of export dependency among the European countries defined scrap price dynamics in their domestic markets for August.

ACCELERATING EAF STEEL OUTPUT IN CHINA KEPT SCRAP PRICES ELEVATED

Strong steel production in China has kept domestic ferrous scrap prices on the uptrend this month contrary to our expectations, despite cheaper hot metal production costs and higher availability of scrap resulting from a smuggling crackdown on exports in June. The rise in electric-arc furnace (EAF) mills’ output outpaced an increase at Chinese basic oxygen furnace (BOF)...

ACCESS RESTRICTED

You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.


SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?