عالمی مارکیٹ کی جھلکیاں:
Turkey's imported scrap prices edge up: Turkey's imported scrap offers inched up this week. Prices rose slightly because suppliers increased their offers for cargo shipments for the remaining period of March, while buyers refrained from placing new orders actively.
SteelMint's assessment of US-origin HMS 12 (80:20) stood at 507/tonne (t) CFR Turkey, up by 3-5/t w-o-w.
Japan's ferrous scrap export offers hit new high: Japanese scrap export offers increased further, hitting a new all-time high since mid-2017. Prices surged owing to limited scrap availability in Japan and improved demand. The main reason behind the continued price uptrend is a decline in shredded scrap generation due to lower automobile production amidst chip shortage.
SteelMint's assessment for Japanese H2 scrap export prices stands at JPY 58,000/t FOB levels, further up by JPY 2,000/t w-o-w.
کنسائی سکریپ ایکسپورٹ ٹینڈر بولیوں میں تیزی: Japan's Kansai-Cheorwon scrap export tender for Feb'22 was concluded recently, with the loading period ranging from 21-Feb'22 to 31-Mar'22. The winning bid was awarded a total of 5,000 t of mainly Japanese H2 scrap at an average price of JPY 58,220/t (503/t) FAS, the second-highest bid after JPY 66,300/t (573/t) in Jun'18. Notably, bids in Kansai rose by 20/t as against the Kanto tender concluded last week.
ہنڈائی اسٹیل نے جاپانی اسکریپ کے لیے بولیوں میں مزید اضافہ کیا: Hyundai Steel raised bids for Japanese scrap on 17 Feb'22 by JPY 3,500/t (30/t) for H2 grade and by JPY 3,000/t (26/t) for HS grade compared to the last bid on 10 Feb'22, sources informed SteelMint. Bids for H2 scrap are now at JPY 58,500/t (507/t), while bids for HS scrap are at JPY 64,000/t (555/t) FOB. Bids for Shindachi bara scrap and shredded material are at JPY 64,000/t (555/t).
ٹوکیو اسٹیل نے سکریپ کی خریداری کی قیمتوں میں 17/t تک اضافہ کیا: Tokyo Steel raised scrap buy prices by up to 17/t for the second time this month on 14 Feb'22. Post-revision, the company's bid price for H2 scrap stands at JPY 57,000/t (494/t) delivered to the Tahara and Utsunomiya plants, effective 15 Feb'22. Surge in bids in the Kanto scrap export tender pushed up domestic offers.
JPY میں قیمتیں۔
ماخذ: ٹوکیو اسٹیلVietnam's imported scrap offers surge: South East Asia's imported scrap market saw a sharp hike in offers brought on by the recent Kanto tender. Vietnam's imported scrap offers increased further, following the surge in Japan's Kanto scrap export tender. The rise in billet prices and a better finished steel demand outlook supported higher imported scrap prices.
SteelMint's assessment for bulk Japanese H2 scrap was at 550/t CFR, up 25-30/t w-o-w.
Bangladesh's containerised scrap market stays active: Although containerised imported scrap demand is active, trade activities improved towards the second half of the week. SteelMint's daily assessment for UK-origin shredded scrap in containers was recorded at 590/t CFR Chittagong, up 5-10/t w-o-w.
دوسری طرف، US-اصل بلک HMS (80:20) سکریپ 580-585/t CFR چٹاگانگ، 25-30/t واہ پر ریکارڈ کیا گیا۔ امریکہ، برطانیہ اور آسٹریلیا سے پچھلے دو ہفتوں میں فعال درآمد شدہ بلک سکریپ بکنگ دیکھنے کے بعد، خریداروں نے اب سست روی اختیار کر لی ہے۔ مارکیٹ کے کھلاڑیوں کو لگتا ہے کہ خریداروں نے مارچ کی ترسیل کے لیے کافی انوینٹری بک کر رکھی ہے۔
With the rise in global scrap prices, Bangladesh's domestic rebar producers increased prices over the last few weeks.
Pakistan's imported scrap trade yet to pick up: پاکستان میں درآمد شدہ سکریپ کی تجارت سست روی کا شکار رہی کیونکہ تیار سٹیل مارکیٹ کے جذبات سست تھے۔ ملز مارچ کی ترسیل کے لیے بکنگ کے اگلے دور کے لیے واضح سمت کا انتظار کر رہی ہیں۔
SteelMint's assessment for UK/EU-origin shredded scrap stood at 561/t CFR Port Qasim, largely stable w-o-w.
India's imported scrap offers pick up but trading subdued: Imported scrap offers to India have picked up again. However, trade activities are yet to see any major improvement. Imported scrap offers remained supported by the strong domestic raw material (iron ore, sponge iron), semis and finished steel prices.
SteelMint's daily assessment of UK/EU-origin shredded scrap stood at 550-555/t CFR Nhava Sheva, unchanged w-o-w.