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SDI says ferrous scrap prices stabilized, looks to aluminum to boost future operations
Will ferrous scrap prices remain stable through the rest of the year?
Will ferrous scrap prices remain stable through the rest of the year?
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.
The high-stakes gamble: Navigating the complex world of ferrous raw material substitutes
US steel production edges up after seven-week low
Heading into June, the sentiment was for weaker prices. Now we know what we're dealing with.
Both EAF and BOF capacity is expected to grow by at least 17 million tons in the Asia Pacific region, excluding India, through early 2027.
Game-Changer in Metals: Turkish steel scrap futures set to dominate ferrous scrap trading.
These new tariffs may help our steel industry to keep prices at elevated levels, whether deserved or not. But what effect will it have for the recycled metals community?
It is clear that steel mill order books are not what they were hoping for in May, and they probably are not going to strengthen in June.
The consensus for ferrous scrap is sideways, maybe not a strong sideways this month.