Category: Scrap Sources

After seven years of unprecedented protection, it’s past time to assess the results.

Hydro is the first extrusion company in North America to provide this level of detail on the impact of its production processes.

“This is a David and Goliath fight."

Redefining excellence in specialty metals manufacturing

The index had been flat for much of the second half of last year. It then steadily began falling, hitting a two-year low in March, before bouncing back in April.

It is clear that steel mill order books are not what they were hoping for in May, and they probably are not going to strengthen in June.

Production growth had been forecasted at 3.7% by the group in October 2023.

The four-year agreement passed with 94.5% of members voting in favor

On the ferrous side, about two-thirds of the respondents indicated ferrous scrap prices would remain stable, while one-quarter thought they would rise in May.

The decline is accredited to higher-than-expected interest and inflation rates, as well as higher supply costs and tighter lending conditions for builders