Tag: ISRI

Hot Topics at ISRI

RMU anticipates participating, connecting with fellow attendees, and absorbing insights from over 150 speakers.

For the West Coast export market, Tet/Chinese New Year ended on Monday and buyers were just coming back to the market.

The United Auto Workers (UAW) union has more leverage than the Detroit Three automakers in the current strike that started Sept. 15, according to Jason Schenker, president of Prestige Economics. The post UAW Has Upper Hand vs. Automakers: Schenker appeared first on Steel Market Update.

Leading voices in US the scrap industry discussed the current outlook and future challenges at Steel Summit 2023’s panel on Scrap and Metallics: Navigating the Boom in EAF Sheet Production. The post Steel Summit: US Scrap Industry Is Up to EAF Expansion Challenge appeared first on Steel Market Update.

We’ve written in SMU about “green” steel and whether steel consumers, including market-leading OEMs, will pay a premium for it. What about the potential for premiums in scrap too? Maybe not for green scrap. But what about for “prime grade” or prime-equivalent shredded scrap? Shred that transforms into prime – maybe we could call it […] The post Final Thoughts appeared first on Steel Market Update.

By CRU Analysis Advisor Greg Wittbecker Ford announced in February that it would be all electric in Europe by 2030. This comes on the heels of General Motors stopping production of internal combustion engines (ICE) by 2035. These decisions underscore the shifting landscape in key aluminum applications and use within automotive. Die-castings have always been […] The post Life After the Internal Combustion Engine: The Effect on Aluminum appeared first on Steel Market Update.

John Harris is the former director of raw materials for ArcelorMittal. Currently, he is a consultant and speaker on global metallics, and he will be a speaker at this year’s SMU Steel Summit Conference at the end of August. Mr. Harris and Philip Hoffman of Hoffman Iron & Steel have been conducting a friendly debate […] The post Chinese Scrap: Forewarned is Forearmed! appeared first on Steel Market Update.

Steel Market Update ferrous scrap sources are advising us that scrap prices are poised to move $30 to $50 per gross ton higher for April deliveries than what we saw negotiated at the beginning of March. The issue is supply. The domestic sheet mills are having issues finding all of the tonnage they need and […] The post Ferrous Scrap Prices Poised to Move Up $30-$50 appeared first on Steel Market Update.