Scrap Consumers: Iron/Steel Foundry

After seven years of unprecedented protection, it’s past time to assess the results.

Section 232 and how a Trump win could impact the recycled metals industry.

Steel scrap prices under pressure

Non-ferrous recycled metals supply slump continues, but for how long? And ferrous recycled metals forecast to be cloudy for May.

With intriguing spreads between regions and a potential to curb price surges, #1 HMS might just be the unsung hero of the industry's future.

Insights, Skepticism, and predictions from industry insiders.

Is the ferrous scrap market potentially signaling an industry recession?

In a surprising turn, a Rocky Mountain mill resumed its purchasing program at half its normal capacity, signaling potential stabilization in the Texas/Gulf region for the upcoming month.

Even though it’s the fifth of the month, there have been no confirmed purchases by domestic steelmakers.  Rumors are circulating about how low prices will drop.  Most of the scrap community is forecasting a $50/gt drop for #1 busheling, with shredded and P&S at perhaps $40/gt. 

"Longs sales are at a standstill," said one producer.