Metals markets news & analysis

Feature: Global Steel & Scrap Outlook

March 08, 2017
A US bulk scrap cargo sale was made to Turkey on March 7 and lifted Turkish scrap prices closer in line with US prices, alleviating, at least temporarily, concerns about a potential spring-time correction in US scrap prices.
US bulk scrap sale lifts Turkish prices in line with US
Also in this feature
HRC imports drop sharply on slow demand in Turkey
HRC imports drop sharply on slow demand in Turkey
Turkish imports of hot rolled coil fell significantly in the first month of 2017, as demand slowed dramatically.
Turkish rebar export firm amid more enquiries from market
Turkish rebar export firm amid more enquiries from market
Sentiment in the Turkish rebar export markets is becoming increasingly bullish fueled by rising scrap costs.

News Headlines

London (Platts)--30 Mar 2017 951 am EDT/1351 GMT
Sharp falls in the value of the South African rand has added to pressure on palladium and platinum prices this week, lowering costs for mining companies operating in the world's largest producer, which could lead to a rise in production.
London (Platts)--30 Mar 2017 950 am EDT/1350 GMT
Bushveld Minerals has signed the final elements of the financing agreements with Barak Fund SPC Ltd for the acquisition by its Bushveld Vametco unit of a 78.8% interest in South African vanadium producer Strategic Minerals Corp, the company said Thursday.
More Headlines


March 27, 2017
For global steel this time of the year has come to be known as the time when international trade breathed its last. We have seen the steel export life sucked out of some traditional powerhouses and breathed into others.
March 23, 2017
Prime Minister Li Keqiang wants to make China's skies blue again. But what does this mean for the country's production and consumption of commodities?
February 24, 2017
Will this year see a steel price crash akin to the one seen in early 2016? We discuss whether market participants will experience that deja vu feeling.
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The Barrel Blog

March 28, 2017
The battle over South Africa’s Mining Charter highlights a lack of confidence in government. Neil Ford explains in his latest blog post.
March 21, 2017
Over 2000 container industry players descended upon TPM at Long Beach, end February, where one key theme I took away was the hesitancy to embrace price transparency.
March 15, 2017
South Africa is currently redrafting its Mining Charter, hopefully bringing to an end a long period of disagreement and uncertainty.
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Steel, Ferrous Scrap, Ferroalloys and Noble Alloys methodology

Published March 2016

The Steel, Ferrous Scrap, Ferroalloys and Noble Alloys guide contains the primary specifications and methodologies for Platts Steel and Ferrous Scrap global catalogue of price assessments.

Steel, Ferrous Scrap, Ferroalloys and Noble Alloys methodology

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