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.
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 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.
The announcement that Republic Steel in Canton, Ohio, is going to permanently cease operations disappointed many scrap suppliers in Ohio and Pennsylvania. The post Ferrous Scrap: Republic Steel Closing – End of an Era appeared first on Steel Market Update.
The ferrous export market in the US has experienced several geopolitical events and natural disasters during 2023. The post Ferrous Scrap: Export Market Report appeared first on Steel Market Update.
As the ferrous scrap market in the US enters the home stretch for 2023, it faces an array of issues and uncertainties. The post November Scrap Tags Seen Mostly Sideways, Sources Say appeared first on Steel Market Update.
The pig iron trade is an important element to the US steel and foundry industry. The post SMU Explains: A Brief History of the US Pig Iron Market appeared first on Steel Market Update.
Some of the movements in scrap and pig iron pricing over the past 18-24 months have been quite drastic. The post Scrap Insight: Scrap Optimization as a Hedge on Pig Iron Usage? appeared first on Steel Market Update.
The US scrap market for October is a bit unsettled as the UAW strike against the Big Three automotive companies has expanded and shows scant signs of an imminent settlement. The post Scrap Insight: All Eyes on UAW as ‘Unsettled’ Oct. Trade Approaches appeared first on Steel Market Update.