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
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