Scrap Metal News Import Export Summary For Feb 15

Here is the latest summary of import export news for scrap metals:

Japan ADC12 aluminum alloy imports soar ahead of Q2 buy tenders
One vehicle manufacturer source in west Japan, who has sourced 4000-6000 mt of ADC12 for March-April deliveries last week, said an increasing number of Japanese buyers share the outlook thatmetal prices will rise in May-June.

Russia Boosted Scrap Metal Export 5.2% as Prices Rose Last Year
Russian exports of ferrous scrap, which is used to make steel, rose 5.2 percent to 5.9 million metric tons last year from a year earlier as average contract prices jumped and Turkey increased purchases. The average contract price climbed 22 percent

Nickel vulnerable to weak China imports, slow demand

Reuters - Feb 8, 2012
Benchmark nickel on the London Metal Exchange (LME) have risen more than 17 percent  will probably not import more scrap so there will be temporary scrap