STEEL SCRAP MARKET






16.02.2011
*UKRAINE*


*Market status: there is no budget refunding of VAT for exporters in Ukraine anymore starting from Jan'11. Local market is testing new reality!*
*Export activity status: Low*
Turkish market generally not buying during last 10 days. Ukrainian material can be sold at at $420/mt level but Sellers not ready to supply at this prices and waiting for higher prices. Snowy and cold weather in Ukraine limiting fast delivery of material by trucks to the ports and limiting collection activity at inland yards.

Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:-steel scrap 3A in bulk – 350.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:-steel scrap 3A in bulk – 400.

28.01.2011
*UKRAINE*

*Market status: there is no budget refunding of VAT for exporters in Ukraine anymore starting from Jan'11. Local market is testing new reality!*
*Export activity status: Mid*
Turkish market ready to buy small lots of Ukrainian material at $465/mt level but Sellers not ready to supply at this prices and waiting for higher prices. Snowy wewather in Ukraine limiting fast delivery of material by trucks to the ports and limiting collection activity at inland yards.

Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:-steel scrap 3A in bulk – 360.Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:-steel scrap 3A in bulk – 373.

24.01.2011
*UKRAINE*


*Market status: there is no budget refunding of VAT for exporters in Ukraine anymore starting from Jan'11. Local market is testing new reality!*
*Export activity status: Mid*
Now its looking, that Turkish market stopped and we'll see correction soon.
In Ukraine there is no expected 10% decreasing of mill's prices starting from Jan'11.


Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:-steel scrap 3A in bulk – 350.
*UKRAINE*
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:-steel scrap 3A in bulk – 363.


18.01.2011


*Market status: there is no budget refunding of VAT for exporters in Ukraine anymore starting from Jan'11. Local market is testing new reality!*
*Export activity status: Mid*
Now its looking, that Turkish market stopped and we'll see correction soon.
In Ukraine there is no expected 10% decreasing of mill's prices starting from Jan'11.
Seasonal lack of cargo and high contractual prices of trader's export contracts create new price rally this week.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 368.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 368.


11.01.2011
*UKRAINE*

*Export activity status: Mid*



Ukrainian material is sellable at $480/mt, basis Marmara-Nemrut areas.


Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:-steel scrap 3A in bulk – 347.


Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:-steel scrap 3A in bulk – 357.


10.01.2011
*UKRAINE*

*Export activity status: Mid*



Ukrainian material is sellable at $460/mt and even more basis Marmara-Nemrut areas.

No significant changes in the local prices.

Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:-steel scrap 3A in bulk – 338.


Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:-steel scrap 3A in bulk – 357.


14.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with cancellation of export VAT refund for steel scrap starting from 2011, end of navigation from 14.12.2010 at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
Ukrainian material is sellable at $415/mt basis Marmara-Nemrut areas.
No significant changes in local prices.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 325.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 345.
 
 
13.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with cancellation of export VAT refund for steel scrap starting from 2011, end of navigation from 14.12.2010 at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
No significant changes in prices.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 325.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 345.


10.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with cancellation of export VAT refund for steel scrap starting from 2011, end of navigation from 14.12.2010 at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
No significant changes in prices.
We can see new highs during next week in Ukraine and in Turkey.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 325.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 345.


09.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with cancellation of export VAT refund for steel scrap starting from 2011, end of navigation from 14.12.2010 at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
Port’s prices stay at high side!
Mill’s prices corrected!
Some buyers in Turkey ready to buy Ukrainian scrap at $405/mt.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 325.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 345.


08.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with cancellation of export VAT refund for steel scrap starting from 2011, end of navigation from 14.12.2010 at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
Port’s prices stay at high side!
Mill’s prices corrected!
Some buyers in Turkey ready to buy Ukrainian scrap at $405/mt.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 325.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 345.
07.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with cancellation of export VAT refund for steel scrap starting from 2011, end of navigation from 14.12.2010 at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
Port’s prices stay at high side!
Mill’s prices are really high!
Some buyers in Turkey ready to buy Ukrainian scrap at $400/mt CIF Marmara.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 319.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 375.


 
06.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with possible cancellation of VAT for steel scrap starting from 2011, end of navigation at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
Port’s prices continue to increase today!
Mill’s prices are really high!
Some buyers in Turkey ready to buy Ukrainian scrap at $400/mt, CIF Marmara.
Higher CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 319.
Higher CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 375.


03.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with possible cancellation of VAT for steel scrap starting from 2011, end of navigation at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
No changes in Ukrainian port/mill’s prices. The’re still at high side.
Next week will show how long-term this price increasing in Turkey and how far will move prices out of $400/mt level.
Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 312.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 320.


02.12.2010
*UKRAINE*
*Maket status: New Year+Christmas holidays in January, new tax regulations with possible cancellation of VAT for steel scrap starting from 2011, end of navigation at Dnepro river ports  and increasing prices and demand in Turkey, all these conditions push exporters in Dec’10 to be active*
*Export activity status: High*
Prices in the ports and mills  are at high level. Difficult weather conditions (snow, slipper roads, low temperatures) limit suppliers in delivery/accumulation of materials.
Turkish market is ready to buy Ukrainian scrap at $395/mt, sellers ready to go at $405. Russian scrap traded at $400/mt level yesterday.
Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 312.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 320.




01.12.2010
*UKRAINE*
*Maket status: Soon season holidays, possible cancellation of VAT for steel scrap starting from 2011, end of navigation at river ports  and increasing prices in Turkey, all these conditions push exporters in Nov-Dec’10 to be active*
*Export activity status: High*
Prices in the ports are up, the same is true for the mills in the east of Ukraine.
Turkish market is ready to buy Ukrainian scrap at $395/mt, sellers ready to go at $405.
How long will continue this rally? Will see…
Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 312.
Average CPT-based MILL’S WAREHOUSE buyer’s prices, $/MT:
-steel scrap 3A in bulk – 320.


31.11.2010
*UKRAINE*


*Maket status: Soon season holidays, possible cancellation of VAT for steel scrap starting from 2011, end of navigation at river ports  and increasing prices in Turkey, all these conditions push exporters in Nov-Dec’10 to be active*
*Export activity status: High*
Average CPT-based SEA/RIVER  PORT buyer’s prices, $/MT:
-steel scrap 3A in bulk – 307.