Section 232 tariffs to spark major shifts for the recycled metals community
Section 232 and how a Trump win could impact the recycled metals industry.
Section 232 and how a Trump win could impact the recycled metals industry.
Alcoa forecasts return to profitability, Fatality at Hydro facility
Biden decreed that steel imports from Mexico again be subject to 25% Section 232 tariffs – unless the products are melted and poured in Mexico, the U.S., or Canada.
Export resilience as ferrous recycled metal prices stay firm despite domestic dips.
One of the positive things about the market we are seeing are firm prices on export and relatively high pig iron prices as compared to the forecasted price of domestic scrap.
Often the subject of anti-dumping investigations itself, in particular from the U.S., EU, and Australia, Vietnam is prepared to take action to protect the country’s steel industry.
Market holds firm despite global trade shifts and solar energy boom.
Markets rebound in July on lower rates and dollar.
The Index has indicated contraction in the manufacturing sector for 19 of the last 20 months.
Prime scrap is due for another large decline in July.