Tag: Ferrous Scrap

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.

Scrap Management Industries (SMI) has purchased two recycling facilities in Kansas.

Despite high expectations, the export scrap market has not moved up.

The price spread between HRC and prime scrap widened in June.

Ferrous scrap prices in the US have remained stable from May to June.

Both current and future scrap sentiment as measured by SMU’s Scrap Market Survey are little changed from last month. The relative stability might reflect June’s sideways settlement. Both measures remain below where they were earlier this year.

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 flat-rolled survey results are also available under that selection. If you need help accessing the survey results, […]

If we review the price trends for the last two years, we can see this year’s pattern following a similar path.

The US scrap market has traded sideways from May prices in basically one day without any significant descent, sources say. All major steelmakers, with maybe one exception, issued orders at prices paid in May.

How have tariff revelations affected the June market?