HRC vs. prime spread widens further in May
The spread between domestic hot-rolled coil and prime scrap prices continued to widen in April, a trend that began in September.
Tag: Ferrous Scrap
SMU scrap tags land sideways in May, slightly up on busheling
US scrap prices were mostly flat in May, with some upside on prime scrap, sources told SMU.
Final Thoughts: Summer scrap primer
What might be in store for the ferrous scrap market this summer?
May scrap mart limps towards settle, prime tags mixed
The May scrap market took much longer to settle than most players anticipated, but the results are mostly in.
CFC Recycling buys Goolsby & Sons in Tennessee
CFC Recycling has acquired Goolsby & Sons Recycling, a family-owned scrap and recycler in Gallatin, Tenn.
Final Thoughts: A look at May's scrap market
The May scrap market in the US seems to be just finishing up its settle as of the writing of this article. Luckily, we have our latest ferrous scrap market survey to give us an insight before we release our prices article next week.
SMU Scrap Survey: Sentiment Indices fall in May but remain high
SMU’s Current and Future Sentiment Indices for scrap both fell in May, though they remain at elevated levels, according to the latest data from our ferrous scrap survey.
SMU scrap market survey results now available
SMU’s April ferrous scrap market survey results are now available on our website to all premium members.
Southeast Recycling Group to buy NuCycle, absorb Morris Scrap Metal
Southeast Recycling Group (SRG) said it will acquire the assets of NuCycle LLC, including an automobile shredder and auto parts yard (Carolina Salvage) in Rock Hill, S.C.
US May scrap price outlook improves, sources say
The US domestic scrap market for May is forming a lightly bullish consensus opinion among the seller community.
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.
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.