US and Mexico take action to curb 'unfair' trade
Biden decreed that steel imports from Mexico again be subject to 25% Section 232 tariffs – unless the products are melted and poured in Mexico, the U.S., or Canada.
Section: News
Ferrous export market defies gravity as prices hold steady amid domestic freefalls
Export resilience as ferrous recycled metal prices stay firm despite domestic dips.
Steel mill enters July scrap market, nonferrous market faces global supply shifts
One of the positive things about the market we are seeing are firm prices on export and relatively high pig iron prices as compared to the forecasted price of domestic scrap.
CRU: Surge of Chinese steel imports causes concern in Vietnam
Often the subject of anti-dumping investigations itself, in particular from the U.S., EU, and Australia, Vietnam is prepared to take action to protect the country’s steel industry.
Global trade shifts: How new tariffs and policies shape the recycled metals market
Market holds firm despite global trade shifts and solar energy boom.
Exclusive Forecast: How market movements and geopolitics impact the recycled metals industry
Markets rebound in July on lower rates and dollar.
CRU: There is still a lack of momentum in the scrap market
Despite new aluminum mills coming online, there has been a recent scarcity of scrap, which typically keeps supply constrained.
Radius Recycling earnings take hit as metals face headwinds
Radius Recycling posted a net loss of $199 million in the third quarter, citing costs related to “challenging market conditions for recycled metals” over the past year.
ISM: Manufacturing sector slips in June
The Index has indicated contraction in the manufacturing sector for 19 of the last 20 months.
Will prices recover in the second half of the year?
Prime scrap is due for another large decline in July.