Leibowitz: The market moves in a global industry
Will China exporting to the rest of the world cause major disruptions to the markets?
Will China exporting to the rest of the world cause major disruptions to the markets?
Will the recent labor contract deal help stabilize recycled metals amidst rising export pressures?
Tariffs are here to stay, according to the SMA president.
The company uses about 85% scrap in flat-rolled steel, and more in other products.
“Owners and developers continued to prime the planning queue in August, ahead of next year’s anticipated stronger market conditions."
Scrap/DRI feeding ratios typically vary from 70/30 to 10/90, depending on the steel being produced and the availability of scrap, according to Midrex.
North America is not quite speaking with one voice about China, but the cooperation is evident.
US manufacturing activity contracted for a fifth straight month in August, Institute for Supply Management (ISM) said.
Go forth and mingle, urged Michael Smerconish at Steel Summit 2024.
“EAFs are a great technology, and as you incorporate iron making in that for the flat-roll side, that becomes the bridge."