Peru's Steel bar production jumps 52% m-o-m in Aug: INEI
Peruvian steelmakers, Aceros Arequipa and Siderperu together produced 87,320 tons of steel bars for construction in August this year, advanced sharply by 52% from July of 57,441 tons, as per the latest data released by the Instituto Nacional de EstadÃstica e Informática (INEI).
LIMA (Scrap Monster): Peruvian steelmakers, Aceros Arequipa and Siderperu together produced 87,320 tons of steel bars for construction in August this year, advanced sharply by 52% from July of 57,441 tons, as per the latest data released by the Instituto Nacional de Estadística e Informática (INEI).
In July, the major two steelmakers cut production and operation rate was 38.2% and it jumped to 55.3% in August compared to about 50%~55% in the same period of a year ago.
In the first eight months of this year, the country's bar production amounted to 617,953 tons for construction purpose, increased by 16% from 553,497 tons in the same period of last year.
Scrap Metal Prices
Copper Scrap | ||
Alternator | 0.37 | $US/Lb |
#1 Copper Bare Bright | 4.02 | $US/Lb |
Aluminum Scrap | ||
356 Aluminum Wheels (Clean) | 0.74 | $US/Lb |
6061 Extrusions | 0.64 | $US/Lb |
Steel Scrap | ||
#1 Bundle | 360.00 | $US/MT |
#1 Busheling | 380.00 | $US/MT |
Electronics Scrap |