Global forces test resilience of recycled metals and steel markets
Will the recent labor contract deal help stabilize recycled metals amidst rising export pressures?
Contributor: Stephen Miller
Stephen Miller
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Rapid rebound: Ferrous scrap export prices soar
With prices surging amid global uncertainties and renewed Turkish demand, it hints at a potential shift for the months ahead.
Navigating tough markets ahead
Poor pricing of steel, scrap and other materials weigh on the trading psyche.
Will October be the 'last scrap shopping month before Christmas'?
Some players are seeing a bit of light after this month, depending on steelmaker appetite for recycled metals.
Declines in imports, shifting scrap map and other takeaways from IIMA
IIMA found that both European and U.S. manufacturing activity and oil consumption declined in 2023.
SMA president discusses EAFs, scrap supply, decarbonization
Tariffs are here to stay, according to the SMA president.
Will China's policy on construction reduce exports?
The Chinese government announced it will start programs to support its construction and steel industries.
Q4 ferrous recycled metal prices may rebound
The fourth quarter may have some relief for both trade industries, with the ferrous raw materials prices usually starting to rise during the fall and winter months.
Global shifts pressure alternative iron price
There may be some new suppliers in the alternative iron sector which could mitigate the potential supply crunch.
Ferrous scrap exports rise slightly
USEC ferrous scrap exports have seen a modest price increase, but future growth faxes challenges from Chinese steel overproduction and billet competition in the global market.