SDI provides mixed Q3 outlook, steady recycling operations
The company uses about 85% scrap in flat-rolled steel, and more in other products.
The company uses about 85% scrap in flat-rolled steel, and more in other products.
There may be some new suppliers in the alternative iron sector which could mitigate the potential supply crunch.
Market movements and economic highlights to start your week.
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.
The steelmaker is making investments to add more low-copper shred to its production mix