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    February 20, 2024

    Sims sees US as bright spot in scrap world

    Written by Laura Miller

    While seaborne trade has been challenging due to weak global steel production, demand for ferrous scrap in the US remains strong, according to Sims Ltd.

    The Australia-based global metal recycler reported some weaker segments in its fiscal 2024 half-year report. However, it said steel demand in the US is solid due to its reliance on EAF steelmaking, which in turn is bolstering robust demand for ferrous scrap.

    Laura Miller

    Laura Miller is a reporter and editor for Steel Market Update. She has held various editorial positions with steel industry publications, associations, and mills since 2007. She joined the SMU team in 2022. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania.

    Read more from Laura Miller

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