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Latest news
Cross-Atlantic ferrous scrap export market cools down
After an active end to March in the Cross-Atlantic export trade, things have calmed down thus far in April. In late March, the export prices for HMS 80/20 to Turkey peaked with prices reaching $395 per metric ton (mt) for EU origin and $403/mt from US sources. Going into April, Turkish buyers paused to see […]
World Steel Association names new director, new members
Worldsteel said Dr. Henrik Adam will take the helm of the association in the middle of the fourth quarter of this year.
SMU Scrap Survey: Sentiment Indices reach record-highs
SMU’s Current and Future Sentiment Indices for scrap rose in April, pulling even with each other for the first time, according to the latest data from our ferrous scrap survey.
Global steel demand set to rebound through 2027 as N.America gains momentum
Global steel demand is stabilizing and poised for a gradual recovery through 2027, with North America expected to post solid, policy-supported gains, according to the World Steel Association’s latest Short Range Outlook.
Heating and cooling equipment shipments rebound in February
Heating and cooling equipment shipments recovered in February, surging 17% from January, according to the latest data released by AHRI.
AISI: Raw steel production rises to four-year high
Raw steel production increased for the fourth-consecutive week last week to a new multi-year high, according to the American Iron and Steel Institute (AISI).
SMU scrap market survey results now available
SMU’s March ferrous scrap market survey results are now available on our website to all premium members.
Join SMU for a Community Chat with AGC Chief Economist Ken Simonson on Wednesday
Ken Simonson, chief economist for The Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, April 15, at 11 a.m. ET.
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