Interest rates, weather hit Radius Recycling's earnings
“Without question, current conditions in the scrap markets remain challenging,” Tamara Lundgren, chairman and CEO, said.
Section: News
Steel Dynamics subsidiary acquires Ohio metals recycler
Toledo Shredding, founded in 2003, is a subsidiary of Fairlawn, Ohio-based ProTrade Group, a fully integrated scrap metal company.
Northern buyers enter April scrap market with sideways pricing
US steelmakers opt for sideways pricing in April, defying speculation. Great Lakes mills settle for a 'strong' sideways move influenced by export activity, with other regions likely to follow suit.
Final Thoughts: Which way will the wind blow in April
Soft-to-strong sideways headed into April?
Introducing Recycled Metals Update: A new hub for the recycled metals community
By connecting leaders from across the recycled metals community, we provide accurate and timely insights into news and trends affecting recycled metals.
ISM: Manufacturing expanded in March to 18-month high
The index is now at the highest level recorded since September 2022.
Supply chain disruptions and interest rate predictions shake markets
Recent events, such as the Francis Scott Key Bridge collapse, have caused disruptions in supply chains.
Non-Ferrous Spreads
Spreads were widening towards the end of March but looks to be slight retreat to start the April.
Hoffman: Markets sideways or fractionally up in some regions?
Midwest uncertainty contrasts with coastal confidence. Discover the latest insights driving steel prices.
Chicago PMI retreats in March
The report credits the decline to a reduction in order backlogs, new orders, production, and supplier deliveries.