Ferrous market on edge: June prices poised for potential plunge
The mill buyers sense an opportunity due to the weaker demand and softer steel prices.
The mill buyers sense an opportunity due to the weaker demand and softer steel prices.
Market Shocker: Non-ferrous recycled metals prices set to diverge amid contrasting predictions and potential stee production dip.
What's going on in the primary market?
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.
Both EAF and BOF capacity is expected to grow by at least 17 million tons in the Asia Pacific region, excluding India, through early 2027.
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
Graduating Vietnam to market economy status would be factually incorrect, geopolitically naïve, and harmful to U.S. producers.
What's the ferrous scrap market outlook for June?
To understand this (short) week, we have to look at what happened last week
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."