Final Thoughts: Summer supply crunch has ferrous sentiment faltering as non-ferrous copper soars
Market dynamics unleash fury: Ferrous fades as non-ferrous copper roars
Market dynamics unleash fury: Ferrous fades as non-ferrous copper roars
After a considerable wait, the market for ferrous scrap for May shipment has started to form.
Steel scrap prices under pressure
The consensus for ferrous scrap is sideways, maybe not a strong sideways this month.
Over the last week, the Turkish mills have been quiet, and prices for new cargoes usually drop when Turkish buyers remain on the sidelines.
As we have seen with other indicators, there appears to be a strengthening trend afoot.
Pig iron produced in Brazil had been on an upswing in early April, after a decrease in March.
It’s mid-April and that means it’s time for the ISRI 2024 convention in Las Vegas. There is a great mix of attendees from all over the world, with a record total attendance of 6,624. Congratulations to the ISRI Team on this. Many of these businesses are small startups who are seeing the recycling industry as […]
With intriguing spreads between regions and a potential to curb price surges, #1 HMS might just be the unsung hero of the industry's future.
US steelmakers opt for sideways pricing in April, defying speculation. Great Lakes mills settle for a 'strong' sideways move influenced by export activity, with other regions likely to follow suit.