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Renewed buying interest from consumers in South Korea and Taiwan resulted in another increase in Japanese export scrap prices in the week to Wednesday December 16, market participants told Fastmarkets. Prices surged last week amid a leap in December’s Kanto steel scrap auction and robust domestic buy prices, but greater demand from key Asian buyers allowed another jump in prices this week. Japanese H1:H2 (50:50) was heard sold at $440 per tonne cfr Taiwan this week, which sources said is equivalent to ¥42,500-43,000 ($409-414) per tonne fob. A South Korean steelmaker purchased around 60...

U.S. auto sales forecast to nearly match 2019 levels in November According to the most recent automotive forecast released by J.D. Power and LMC Automotive, new-vehicle retail sales were forecast to drop 0.7% in November when accounting for changes in selling days. Meanwhile, for total U.S. auto sales, the forecast included a 3.5% decrease when adjusted for selling days. “November 2020 is a prime example of why accounting for selling day differences is important in measuring comparable sales performance,” said Thomas King, president of the data and analytics division at J.D. Power. “Aft...

Installations in honor of the five victims and one other shooting victim from july 16th. that includes four marines and sailor. they died in this attack and there has been criticism for the white house to order flags half staff given that the white house did in fort hood and a uroran and virginia tech and sandy hook. those flags were at half staff in tennessee and massachusetts and arkansas where two of the victims hailed from. indeed john boehner ordered the flags half staff at the capitol building now that it is in the white house as well. >> one of the headlines. veterans care is what the p...