Padnos acquires three Midwest scrap operations
“These three acquisitions align with our strategy to grow our regional network,” President and CEO Jonathan Padnos said.
“These three acquisitions align with our strategy to grow our regional network,” President and CEO Jonathan Padnos said.
Could UAW's grievances lead to a nationwide strike at Stellantis?
Out with the old, in with the rebranding!
Steel Industry Unites for Earth Day: Commitment to decarbonization and sustainable practices.
Sims sees US as bright spot in scrap world
UAW, Ford reach tentative pact, avert strike at Kentucky Truck Plant
Everyone knows the old saying that “a picture is worth a thousand words.” Just because it’s a cliché doesn’t mean that it’s wrong. A lot of inked has been spilled trying to figure out why prices are falling now. I thought it might be as simple as this: Market dynamics in the fourth quarter (UAW strike, companies buying ahead of an anticipated post-strike price spike, etc.) pulled forward restocking activity that typically happens in the first quarter. The post Final thoughts appeared first on Steel Market Update.
The CRUmpi declined by 1.7% month over month (m/m) to 325.2 in February, compared to a 4.3% m/m increase in February 2023. The post CRU: Scrap prices hit by weak demand offsetting tight supply appeared first on Steel Market Update.
What's the steel market talking about at present? The post Steel market chatter this week appeared first on Steel Market Update.
The scrap export market has demonstrated resiliency so far this year from the US East Coast. This strength has mainly come from the Turkish market. Despite weakening orders for rebar in their domestic market, imported scrap prices have held up until the last several days. The US West Coast is not as active, but there are orders in South Asia and in South America that are keeping things afloat. The post Miller on scrap: US East Coast boosted by Turkey appeared first on Steel Market Update.