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Ferrous scrap

Author

Listed:
  • Cristina Bumbac

Abstract

The article presents the development of the ferrous scraps market in 2010 and prospects for 2011. The ferrous scrap and pig iron markets known a significant prices growth in 2008, reaching record levels, that were considered excessive and unsustainable but, which underwent a stabilization in August 2008. The media for 2009 was with 30-49% lower than in 2008, this meaning a return to normality, stat which continued in 2010. The prospects for 2011 are uncertain.

Suggested Citation

  • Cristina Bumbac, 2011. "Ferrous scrap," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2011:id:2822000009565011
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