Week in Review: Global steel glut, aluminum volatility and more
China's steel surge pressures global markets, while aluminum faces price drop and scrap gains.
China's steel surge pressures global markets, while aluminum faces price drop and scrap gains.
U.S. mills hold the line on ferrous scrap prices despite supply strains, but can they keep it up?
Why the shift in pig iron markets and what does that mean for the domestic market?
Will the recent labor contract deal help stabilize recycled metals amidst rising export pressures?
September is historically an active contract execution month; but this year the market paused amid uncertainty.
With prices surging amid global uncertainties and renewed Turkish demand, it hints at a potential shift for the months ahead.
Some players are seeing a bit of light after this month, depending on steelmaker appetite for recycled metals.
"Some fathers say it's their way or the highway."
"With as many great operators we have, we also have bad operators too, and those operators give us a bad name."
The company says all of its metal businesses are contributing to the good start to the fiscal year, but particularly North America Metal