Scrap Sources: Packaging

UACJ expects North American business to continue on recovery trend.

Indian conglomerate Essar has signed a letter of intent (LoI) with Bahrain Steel for delivery of 4 Mt/y of direct-reduced (DR) grade iron ore pellets for the group’s proposed integrated steel plant in Ras Al Khair, Saudi Arabia. The deal secures half of the plant’s required pellet supply, said Naushad Ansari, who heads Essar operations […]

Prices for most European grades declined in August The European scrap market has been impacted by weak demand. All of our contacts who buy scrap to feed their production have reported being less active on the spot market. Some even took the decision to stop buying scrap until further notice, and instead use their existing […]

Diversified metal and mining group, Rio Tinto, says it will construct an aluminium recycling centre at its Arvida plant in Saguenay-Lac-Saint-Jean, Quebec. The company says the new unit will make it North America’s first primary aluminium producer to incorporate post-consumer material into aluminium alloys. Clean aluminium scrap sourced locally from used vehicles and construction materials will be […]

The American iron and steel industry supports nearly two million jobs and contributes more than $520 billion to the U.S. economy, when considering the direct, indirect (supplier) and induced impacts of related commerce, claims a study released last week by the research firm John Dunham & Associates. The study also shows that the iron and […] The post AISI Study Shows Economic Impact of American Iron and Steel Industry appeared first on Steel Market Update.