Hoffman on scrap: Weak Japanese yen weighs on West Coast export market
For the West Coast export market, Tet/Chinese New Year ended on Monday and buyers were just coming back to the market.
For the West Coast export market, Tet/Chinese New Year ended on Monday and buyers were just coming back to the market.
The government of Kazakhstan intends to prolong prohibition of foreign shipments of steel scrap and waste in order to support the domestic economy. “The decision was made collectively against the backdrop of the situation that has arisen due to the lack of raw materials for local processing enterprises and the restrictive measures on the export […]
Sims sees US as bright spot in scrap world
Written by: Bradley Clark, Director of Steel Trading, Kataman Metals U.S. Midwest #1 Busheling Ferrous Scrap (AMM) Firm on Weather Concerns As the month has progressed sentiment is starting to fall solidify around the idea that busheling prices may rebound $10-20 in March. Worsening weather conditions in the Midwest and dealers trying to recoup last […] The post Ferrous Scrap, Iron Ore and Billet Futures appeared first on Steel Market Update.