Scrap Processors: Processing Equipment

RMU's monthly sentiment survey reveals supply and demand are out of whack.

By Michael Marley The mini sheet mills face a maxi problem, namely no additional supplies of prompt industrial scrap to feed their growing appetites for that raw material. As they move ahead with planned expansions of existing facilities and the construction of greenfield plants, electric arc furnace (EAF) steelmakers may be forced to rely on additional […] The post Prompt Industrial Scrap: A Big Shortage Decades in the Making appeared first on Steel Market Update.

Editor’s note: The Chinese government currently bars exports of ferrous scrap to other parts of the world to assure China of an adequate domestic supply. As this analysis by CRU Principal Analyst Chris Asgill points out, China’s economy will eventually generate a scrap supply that far exceeds its scrap consumption, opening up the doors to […] The post CRU: Chinese Scrap Supply Surge Will be Utilized appeared first on Steel Market Update.

By John Packard On Saturday, Upstate Shredding held an open house for their new Port of Albany, New York recycling and shipping facility.  What makes this one special is that the scrap operation sits on water which will provide the company with access to barge shipments to customers such as Nucor as well as ocean […] The post Upstate Shredding Port of Albany Facility Takes Aim at Export appeared first on Steel Market Update.