US ferrous scrap export mart seen rising
The ferrous scrap export market from the US has been poised to rise further amid reluctance of their Turkish customers to increase prices beyond the recent bullish prices they paid earlier this month.
Tag: Ferrous Scrap
May scrap looks bright amid tight market conditions
There are several factors buttressing the ferrous scrap market against it seasonal fall in the spring months. We all know about the Iran War and the rise in fuel costs. Other factors include strong steelmaking activity, rising steel prices, lighter inbound scrap flows, and firm export markets.
HRC vs. busheling spread continues to widen in April
The spread between domestic hot-rolled coil and prime scrap prices widened again in April, a trend that started back in September.
Final Thoughts: SMU Scrap Survey
We look at market participant comments from this month's SMU Ferrous Scrap Survey.
Transatlantic 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.
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.
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.
SMU April scrap tags flat on prime, down $20 on shredded and HMS
US scrap prices came in flat on busheling in April, while shredded and HMS both traded down, sources told SMU.
Brazilian pig iron market gaining strength
The pig iron market in Brazil continues to rise, despite US scrap prices trading sideways to down for April.
Letter to the editor: Thoughts on the April scrap settlement
Since the middle of March I have been hearing that April scrap prices are going to be going down $20-$30 per gross ton (gt), with the exception of prime scrap, which is going to be sideways.
Miller on Scrap: Will scrap tags fall in April?
Winter is over now and the scrap landscape is looking a bit less challenging.
Steelmaking raw material prices increase through March
Prices for iron ore, aluminum, pig iron, and shredded scrap have all risen in the last 30 days. Busheling scrap held steady, while zinc and coking coal declined.
Export prices gain as Turkish steelmakers re-enter market
Turkish steelmakers entered the scrap market after returning from the Ramadan holiday.
Turkish scrap export market begins to take shape
The bulk scrap export market into Turkey is starting to form after several weeks of inactivity.
US ferrous scrap market still affected by weather
The weather is still influencing the recycled metals market as we head into spring, sources say.
SMU Community Chat: SA Recycling's Adams 'overflowing' vision for US
SA Recycling's CEO George Adams couldn't be more upbeat about American industry.
HRC vs. prime scrap spread widens further in March
The spread between domestic hot-rolled coil and prime scrap prices widened in March, marking a six-month trend.
US scrap tags land sideways in March, outlook for April soft
The US scrap market softened in March as most grades traded sideways, with prices seen falling next month, sources told SMU.
US scrap export market roiled by Middle East unrest
The state of the US export market for recycled ferrous scrap is in extreme flux due to events of the last 10 days.
Tenaris closes on Beaver Falls, Pa., scrapyard deal
Tenaris has closed on its buy of a Beaver Falls scrap processing yard in Pennsylvania.
Ferrous scrap market chatter this month
Market participant comments from this month's SMU Ferrous Scrap Survey.
SMU Scrap Survey: Current Sentiment ticks up, Future Sentiment flat
SMU’s Current Sentiment Index for scrap inched up in March, according to the latest data from our ferrous scrap survey. Meanwhile, the Future Sentiment Index remained locked at the same level for the fourth consecutive month.
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 on Wednesday with SA Recycling CEO George Adams
Join SMU and AMU for a Community Chat on Wednesday, March 11, at 11 a.m. ET with George Adams, CEO of SA Recycling.
US scrap market seen sideways in March
The US domestic ferrous scrap buying for March shipment is wrapping up this week, with many sources reporting a sideways outcome.
US scrap market digging out from bad winter
The US scrap market is looking to emerge from a bad winter that has affected both inbound and outbound flows of material since December.
HRC vs. prime spread widens in February
The spread between domestic hot-rolled coil and prime scrap prices widened slightly in February. It has been trending in that direction since October.
US scrap export market loses steam
The export scrap market from both North America and Europe has quieted down over the last week.
US scrap prices increase in February, sources say
US ferrous scrap prices continued to rise in February, scrap sources told SMU.
US scrap prices rise in February after January weather
US ferrous scrap prices rise in February.