Tag: Ferrous Scrap

The question among scrap players is can the market hold its level in the face of coming mill outages? Opinions are divided on the subject.

Australia-based global recycler Sims Ltd. has a rosy long-term outlook, while the company said tariffs are supporting US demand for ferrous scrap.

Rep. Haley Stevens (D., Mich.) has announced the relaunch of the bipartisan Congressional Recycling Caucus.

Prices remain subdued in US pig iron market, sources said.

The CRUmpi rose by 0.8% month over month (m/m) to 286.1 in August, following four consecutive months of decline. Scrap prices showed mixed trends across major regions, largely influenced by local supply-and-demand dynamics, government policies, and the relative strength of finished steel markets. US prices were stable while Europe and Asia saw price increases, but […]

The US scrap export market has traded sideways or slightly less for about 60 days, with no real firmness in sight.

The price spread between prime scrap and hot-rolled coil (HRC) narrowed in August, according to SMU’s most recent pricing data.

The US ferrous scrap market remains in doldrums.

The scrap market traded sideways again in August with little change expected in September, according to sources.

Current and future scrap sentiment indices declined this month, according to SMU’s latest ferrous scrap survey data.

SMU’s August ferrous scrap market survey results are now available on our website to all premium members.

The ferrous scrap market for August appears to be settling sideways as the threats posed to the market in July have not materialized.

The ferrous scrap export market off the US East Coat and Gulf Coast has remained basically sideways over the last month. This mirrors the lack of movement in the US domestic market.

A scrap trader looks back fondly at blast furnace steelmaking.

What to look out for regarding ferrous scrap ahead of Steel Summit.

Divergent opinions emerge on August's scrap outlook.

President Trump's threatened tariffs on Brazil, USMCA partners, and Europe could shake up the scrap and pig iron markets in August.

Both current and future scrap sentiment jumped this month, though survey participants reported responses before key trade news was announced.

The price spread between prime scrap and hot-rolled coil widened marginally again in July.

SMU’s 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 results […]

Japan’s Toyota Tsusho Corp. has completed its previously announced acquisition of Radius Recycling.

Ferrous scrap prices are flat in the US for a second consecutive month, but tariffs on imports of Brazilian pig iron could change the game in August.

With steel prices drifting and trade flows shifting, CRU analysts provided a grounded look at what's really happening — and what's not — across the metallics supply chain during Wednesday's SMU Community Chat.

The US ferrous scrap market settled sideways in July.

CRU analysts Thais Terzian and Frank Nikolic will be the featured guests on the next SMU Community Chat on Wednesday, July 9, at 11 am ET.

Ferrous scrap export activity has picked up steam.

Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

Summer doldrums hit the US ferrous scrap market.

Freight rates have risen $30-$50 on transatlantic cargoes, depending on the final destination.

Ferrous scrap sentiment picks up.