Page 54 from: New issue out now!
ferrous Scrap Prices Reference date: September 24, 2020
USA domestic Scrap Prices* (US$/GRT)
HMS 1 heavy steel scrap (1/4 Inch) composite price delivered at mills
Source: Davis Index
Source: Davis Index
USA Export Prices* (US$/GRT)
HMS 1, heavy steel scrap (1/4 Inch)
Composite Sales Price
ex Yard in Germany** (€/t)
E3/European Standard Quality No. 3, heavy old steel scrap (>6mm)
CfR Prices for shipments
from EU to Turkey (US$/t)
HMS 80/20 heavy steel scrap
– Highest price
– Lowest price
– Fob East Coast price
– Fob West Coast price
S O N D J F M A M J J A S
225 195 215 250 280 250 246 222 199 225 219 223 231
225
195
215
250
280
250 246
222
199
225
219
223
231
150
200
250
300
350
S O N D J F M A M J J A S
S O N D J F M A M J J A S
222 217 198 223 270 250 225 229 233 246 244 264 278
245 225 188 198 250 230 223,6 211 235 223 231 269 282
222
217
198
223
270
250
225 229
233
246 244
264
278
245
225
188
198
250
230
223,6
211
235
223
231
269
282
150
200
250
300
350
400
S O N D J F M A M J J A S
S O N D J F M A M J J A S
228 223,5 260 280 270 251 206 190 224 236 236 263 266
250 240 262 303 300 279 276 239 240 252 261 271 277
228
223,5
260
280
270
251
206
190
224
236
236
263
266
250
240
262
303
300
279
276
239
240
252
261
271
277
180
230
280
330
S O N D J F M A M J J A S
S O N D J F M A M J J A S
203,9 172,1 201,7 219,6 233,3 214,2 216,5 199,5 209,1 203,3 195,1 204,3 214,4
203,9
172,1
201,7
219,6
233,3
214,2 216,5
199,5
209,1
203,3
195,1
204,3
214,4
150
200
250
300
350
S O N D J F M A M J J A S
tory is key in a volatile market so if you
can do that the future is good.’
Hurtik agreed: ‘Scrap demand is on an
upward trajectory. But we have talked
about a second wave – what if we see
one? We are not yet out of the woods.’
CAll foR TRANSPARENCY
There remains considerable uncertainty
over how China proposes to deal with
imports of scrap in 2021 as very little
information is being issued in Beijing.
Various non-tariff restrictions such as
quality standards and import quotas
introduced since 2018 have made it
clear there is a move to ban all ‘solid
waste’ from next year. But ISRI and
others have complained that none of
the more recent Chinese pronounce-
ments has been notified to the World
Trade Organisation and this lack of
transparency is leading to significant
market uncertainty.
Some comfort, however, has been drawn
from the high quality thresholds imposed
on non-ferrous imports for aluminium,
brass and copper indicating recognition
these are ‘recycled raw materials’ rather
than waste. It remains to be seen how
widely that principle is pursued.
Separately, Indonesia requires all
importers to register with the
Government and, at the time of writ-
ing, had set a deadline of 1 October.
Traders have complained that the reg-
istration process is sluggish.
EASING 232 TARIffS
In separate moves, the US has been
easing the so-called ‘Section 232’ tar-
iffs employed against articles ‘import-
ed into the United States in such quan-
tities or under such circumstances as to
threaten or impair the national securi-
ty’. Until President Trump reached the
market analysis
54
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Contact us（USA ）
E-Mail: [email protected]
E-Mail: [email protected]
web: zzsnewell.com
web: newellequip.com
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material handler is certain to meet the high-yield
demand of shredders.
We are the only company in the world that
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Since 1959
Continuously improving
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CHINA
RECYCLING
NEWELL
EQUIPMENT
52-53-54-55_maferrous.indd 54 28-09-20 16:30
