Miller on Scrap: Does quiet August signal soft September?
August has been quiet thus far, with scrap suppliers working on completing their current orders as signals of a weaker September start to appear.
August has been quiet thus far, with scrap suppliers working on completing their current orders as signals of a weaker September start to appear.
Global recycler Sims' profits increase in fiscal year that ended in June.
There has been renewed activity in the Turkish deep-sea export arena as buyers continue to fill in their September needs.
SMU’s scrap prices remained largely flat to down in August as demand remains steady.
A sampling of responses and slides from our most recent ferrous scrap market survey.
SMU’s Current Sentiment Index for scrap jumped in August as Future Sentiment saw a sharp rebound, according to the latest data from our ferrous scrap survey.
SMU’s August ferrous scrap market survey results are now available on our website to all premium members.
The US domestic scrap market seemed to get off to a fast start on Tuesday, but things have begun to get drawn out again as mills are still considering August pricing. Several of the larger multi-mill buyers have not officially settled.
Steel and many steelmaking raw materials have been spared from additional forced labor Section 301 tariffs.
The export market for scrap for Turkey has come back to life over the last week.
Steel Dynamics Inc.'s (SDI's) executives said they are working with the current administration towards keeping a robust trade policy that favors US products, and that scrap supply in the US remains "ample."
A mid-month look at the developing US August scrap market.
SMU’s scrap prices came in soft sideways in July, according to market sources.
The US scrap market has settled soft sideways in July, sources told SMU.
The scrap market for July is partially settled except for the three largest scrap buyers in the country.
A snapshot of our scrap market survey with some respondent comments included.
SMU’s Current Sentiment Index for scrap increased in July as Future Sentiment slipped, according to the latest data from our ferrous scrap survey.
SMU’s June ferrous scrap market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “ferrous scrap survey” results. Past scrap survey results are also available under that selection. If you need help accessing the survey […]
The scrap export market in both Europe and the US continued to decline after the activity of last week became confirmable.
The significant earthquakes in Venezuela could delay scrap exports, sources told SMU.
The export market off the US East Coast has been largely inactive over the last two weeks.
The scrap market seems firm as we go into the midsummer month of July without too many changes from June.
The bulk deep-sea export market in the Atlantic Basin has not shown much movement lately. Buyers in Turkey have limited their activity in an attempt to bring prices down in both the US and Northern Europe. However, this does not seem to be working to a significant extent.
SMU’s Current Sentiment Index for scrap slipped in June, but Future Sentiment rose, according to the latest data from our ferrous scrap survey.
SMU’s June ferrous scrap market survey results are now available on our website to all premium members.
We provide a sneak peek at this month's SMU Scrap Survey, with insights on tariffs, pricing, and demand.
The US domestic ferrous scrap market started to form on Thursday.
Current scrap market sentiment is again divided as we enter the summer month of June.
Jefferson Shredding & Recycling LLC, Birmingham, Ala., is planning to install a shredder system at Outokumpu’s Calvert, Ala., stainless steelmaking facility, according to a recent press release.
The export markets are generally showing an increased demand for scrap.