Global forces test resilience of recycled metals and steel markets
Will the recent labor contract deal help stabilize recycled metals amidst rising export pressures?
Will the recent labor contract deal help stabilize recycled metals amidst rising export pressures?
With prices surging amid global uncertainties and renewed Turkish demand, it hints at a potential shift for the months ahead.
The Chinese government announced it will start programs to support its construction and steel industries.
There may be some new suppliers in the alternative iron sector which could mitigate the potential supply crunch.
Is the scrap market finally finding balance? Industry insights reveal a surprising shift.
USEC ferrous scrap exports have seen a modest price increase, but future growth faxes challenges from Chinese steel overproduction and billet competition in the global market.
Hopes for stabilization or even a slight recovery is fading as more players expect further declines in September.
North America is not quite speaking with one voice about China, but the cooperation is evident.
Hopes of a bottom fading as export prices collapse and industrial scrap shows signs of slowing.
“It shouldn’t come as a huge surprise who has the market power..."