![excavator working a steel pile at metal recycling facility](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/03/excavator-working-a-steel-pile-at-metal-recycling-facility-300x225.jpg)
Peterson: Waiting on May prices
It is clear that steel mill order books are not what they were hoping for in May, and they probably are not going to strengthen in June.
It is clear that steel mill order books are not what they were hoping for in May, and they probably are not going to strengthen in June.
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.
April's scrap market defies expectations with unexpected trends and surprising stability.
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.
The capacity for EAF steelmaking is growing both in the US and abroad. Ferrous scrap supply has never been more important. A lot of people have viewed the scrap industry as old-fashioned and resistant to change. However, the same forces affecting the steel and other industries are also at play in recycling. The post SMU Spotlight: Randy Knibbe details PADNOS’ growth in US scrap industry appeared first on Steel Market Update.
Global recycler Sims Limited says it will conduct a full strategic review of its activities in Britain, following on from an operational assessment of the business. “Supporting a strategic review have been expressions of interest from potential buyers indicating that these assets may well deliver enhanced value to the company’s shareholders through alternative ownership,” the […]
Steel Dynamics Inc. (SDI) scrap subsidiary OmniSource has acquired a 55-acre rail-served tract near the Port of Houston to expand its metal recycling operations along the Gulf Coast. The post SDI Subsidiary OmniSource Buys Site Near Houston appeared first on Steel Market Update.
The announcement that Republic Steel in Canton, Ohio, is going to permanently cease operations disappointed many scrap suppliers in Ohio and Pennsylvania. The post Ferrous Scrap: Republic Steel Closing – End of an Era appeared first on Steel Market Update.