Analysis
November 13, 2025
Written by Ethan Bernard & Stephen Miller
Neither snow nor rain nor shutdown of the federal government shall keep the scrap from flowing.
While the US Postal Service is beyond the scope of this article, that can-do/must-do spirit attributed to them is equally valid for scrap trading.
The US Department of Commerce has preliminarily determined that critical circumstances exist in the countervailing duty (CVD) investigation of imports of large-diameter graphite electrodes (LDGEs) from China.
SMU’s Steel Demand Index rose to 69.5 in mid-September, its highest reading in more than five years.
SMU’s Mill Order Index (MOI) accelerated in August for a fourth consecutive month, reaching its strongest reading in nearly five years.
Worthington Enterprises reported higher fiscal first-quarter sales and earnings while citing rapidly growing data center demand and continued tightness in the steel market.
Sheet and plate prices continued to tick mostly higher this week amid a supply squeeze that shows no signs of loosening its grip on the US market.