Market: Trade

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.

After a meeting Friday at the White House, the EU and US issued a joint statement noting no concrete movement towards a Global Arrangement on Sustainable Steel and Aluminum. The post US, EU To Continue Talks on Steel, Aluminum Deal After White House Meeting 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.

River Metals Recycling (RMR), a subsidiary of Nucor, has acquired all the Cincinnati-based assets of Garden Street Iron & Metal. The post Nucor Subsidiary Buys Cincinnati Scrap Assets 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.

While the ongoing United Auto Workers (UAW) strike hasn’t had a significant impact on the scrap market, the strike's expansion to stamping plants could hit supply, sources tell SMU. The post UAW Strike at Stamping Plants Could Affect Scrap Supply 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.

Turkish scrap import prices rose due to conclusion of several deals towards the end of last week as key buyers and sellers re-entered the market. The post CRU: Resumption of Trade Leads to Higher Turkish Scrap Import Prices appeared first on Steel Market Update.

Turkish scrap import prices have remained relatively stable over the past two weeks due to slow trade activity. This was partly due to the holiday on August 30. CRU’s latest price assessment for HMS1/2 80:20 is $368 /metric ton CFR, up $1 /metric ton week-over-week (WoW) and up $21 /metric ton month-over-month (MoM). The holiday […] The post CRU: Turkish Scrap Prices Stabilize Due to Limited Buying Activity appeared first on Steel Market Update.