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Hoffman: Growing EAF, BOF capacity in Asia means big changes for recycled ferrous
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.
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.
On the ferrous side, about two-thirds of the respondents indicated ferrous scrap prices would remain stable, while one-quarter thought they would rise in May.
The wild cards in some price negotiations are Bangladesh and India.
After more than 35 years as the Institute of Scrap Recycling Industries, the Washington D.C.-based trade group is reinventing itself as the Recycled Materials Association, or ReMA.
Steel Industry Unites for Earth Day: Commitment to decarbonization and sustainable practices.
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 […]