Market
February 1, 2013
Ferrous Scrap Exports – January through November 2012
Written by John Packard
The post Ferrous Scrap Exports – January through November 2012 appeared first on Steel Market Update.
Market
February 1, 2013
Written by John Packard
The post Ferrous Scrap Exports – January through November 2012 appeared first on Steel Market Update.
China's steel surge pressures global markets, while aluminum faces price drop and scrap gains.
SMA states that decarbonization will strongly incentivize the transition to scrap-based production, according to the report.
Its new partnership will add to their decarbonization efforts.
While futures volatility is making it difficult for dealers and buyers to plan ahead, external factors like rising raw material costs and global economic uncertainty further complicate the landscape.
U.S. mills hold the line on ferrous scrap prices despite supply strains, but can they keep it up?