Miller on scrap: Export market prices rising
The export market for ferrous scrap has been strengthening over the last month by a sizable margin. The post Miller on scrap: Export market prices rising appeared first on Steel Market Update.
The export market for ferrous scrap has been strengthening over the last month by a sizable margin. The post Miller on scrap: Export market prices rising appeared first on Steel Market Update.
Algoma Steel’s CEO Michael Garcia joined SMU Managing Editor Michael Cowden for a Community Chat on Wednesday, Nov. 29. A great discussion was had on topics ranging from plate pricing to decarbonization efforts, raw materials strategies, and more. The post SMU Community Chat: Algoma’s CEO talks prices, decarb, raw materials appeared first on Steel Market Update.
US scrap prices are expected to rise in December, industry sources told SMU. The post Domestic scrap tags seen increasing in December appeared first on Steel Market Update.
Quotas on shipments of ferrous scrap metal from Russia will continue to 30 June next year, the country’s subcommittee for customs tariff and non-tariff regulation has decided. “The extension of current measures will help support prices and supply domestic companies in the metallurgical sector with a strategic raw material,” Interfax news agency quoted the government […]
Prices of steelmaking raw materials are largely up over the over the last 30 days, as they were the month prior, according to Steel Market Update’s latest analysis. The post Steelmaking raw material prices remain mostly higher vs. October appeared first on Steel Market Update.
Turkish scrap import prices increased for a third consecutive week. The post CRU: Turkish scrap prices continue to rise as supply tightens appeared first on Steel Market Update.
The importation of basic pig iron has allowed EAF steelmakers to implement thin-slab casting technology to make drawing-quality flat-rolled sheet over the last 30 years. The post Miller: Pig Iron Market Update appeared first on Steel Market Update.
The spread between HRC and prime scrap prices widened considerably this month, according to Steel Market Update's most recent pricing data. The post HRC, Prime Scrap Gap Widens in November appeared first on Steel Market Update.
Domestic scrap prices rose in November month over month for all grades that SMU covers, market sources said. The post US Scrap Tags Up in November, Momentum Could Carry Into February appeared first on Steel Market Update.
The iron and steel foundry industries consume about 17% of the ferrous scrap in the US each year. They purchase several grades of scrap in common with steelmakers, such as shredded and turnings. But, most of the grades are much more restrictive than what larger mills require. The post Ferrous Scrap: The Iron Foundry Market appeared first on Steel Market Update.