increasing scrap usage in steelmaking – will play a significant role in reducing emissions from steel production globally, but CRU does not see this as a panacea for the decarbonization of the steel industry.
With an annual demand in excess of 25 billion pounds, the U.S. imports nearly 10 billion pounds of primary aluminum from foreign sources. Major exporters to the U.S. have recently seen their trade disrupted or even fully stopped.
It’s mid-April and that means it’s time for the ISRI 2024 convention in Las Vegas. There is a great mix of attendees from all over the world, with a record total attendance of 6,624. Congratulations to the ISRI Team on this. Many of these businesses are small startups who are seeing the recycling industry as […]
Who ever was holding their metal for better prices have let all that metal go.
The European Aluminium urges the EU to take comparable actions.
The decline is accredited to higher-than-expected interest and inflation rates, as well as higher supply costs and tighter lending conditions for builders
Auto sales were lower as the first quarter closed out, driven largely in part due to continued elevated prices and interest rates.
Hot Topics at ISRI
Does the price of ferrous scrap depend on the price of finished steel product? And how much of an affect do billet and slab prices have on scrap prices?
According to the latest Commitments of Traders Report published Tuesday and covering positions up to April 5, the net long position by investment funds increased significantly to 56,200 lots.