UNITED KINGDOM December 30 2016 12:14 PM
LONDON (Scrap Register): Sentiment in the ferrous market was more negative on Friday, with the on-shore futures markets pointing South.
In the morning, the most active DCE iron ore contract lost 2.83% while SHFE rebar futures lost 1.86%. Traders lowered offer prices in search of buyers, but transactions were thin.
On COREX, there were numbers of fixed offers at lower prices than yesterdays’, but these attracted no bids.
In China, port stock prices were basically unchanged. Spot rebar prices in Beijing lost RMB 10 a ton.
All prices US$/dmt CFR China unless stated otherwise.
![Avant le week-end, les entreprises de recyclage achètent la baisse [Revue quotidienne du cuivre secondaire SMM]](https://imgqn.smm.cn/usercenter/ZCsFN20251217171710.jpg)
![Primary Aluminum Fell by a Further 250 Yuan/Mt, Aluminum Scrap Market Followed the Decline Overall [Aluminum Scrap Daily Review]](https://imgqn.smm.cn/usercenter/LfGaw20251217171654.jpg)
![[Analyse SMM] La hausse des prix du cuivre pèse sur la demande alors que les payables du cuivre recyclé divergent.](https://imgqn.smm.cn/usercenter/MXbup20251217171745.jpg)
