Will prices recover in the second half of the year?
Prime scrap is due for another large decline in July.
Contributor: Stephen Miller
Stephen Miller
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Import-export pitfalls: The costly mislabeling of pig iron substitutes
The high-stakes gamble: Navigating the complex world of ferrous raw material substitutes
Grim outlook: Market experts predict sharp decline in July scrap prices
A bleak forecast for the market’s direction in July, potentially extending into August.
Final thoughts: Ferrous market stagnates, EV shifts in other direction and tariff talks loom
The ferrous market faces a summer slowdown with scrap demand weaking, while EV shifts and potential tariff impacts loom large.
Ferrous market update: Quiet currents and mixed signals
U.S. scrap market stagnant amid summer demand.
Final Thoughts
We in the scrap industry should keep tuned to China’s proposed relaxation of ferrous scrap specifications
Scrap showdown: Will ferrous export prices hold amid domestic market slump?
Crucial insights into the current state and future outlook of the #ferrous scrap market.
Mills begin buying for June — at lower numbers than expected
Heading into June, the sentiment was for weaker prices. Now we know what we're dealing with.
Ferrous market on edge: June prices poised for potential plunge
The mill buyers sense an opportunity due to the weaker demand and softer steel prices.
Final Thoughts: What just happened and where to go from here?
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.