Benchmark recycled steel grades gained from $2 to $5 per ton in value in August, but all remain below the $400 per ton threshold. Although one scrap processor characterizes the export market as “a ...
Steel prices, which had been on an upward trajectory since the COVID-19 pandemic, started softening late in the third quarter of 2021 as steel supply increased and lead times shortened. Ferrous scrap ...
CHICAGO, Feb. 6, 2020 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of North European Hot-Rolled Coil Steel (Argus) Futures, to ...
In a separate Lok Sabha reply on Tuesday, the Ministry of Steel said India recycled 36 million tonnes of ferrous scrap for ...
The prospects of the Zacks Mining - Non Ferrous industry look bleak as weak demand in China has been weighing on metal prices. Industry players also grapple with inflated costs, labor shortages and ...
This week, multiple news items on the raw material front successively boosted market sentiment, with finished steel prices rebounding from lows in phases and generally showing a bottoming-out trend.
At a time when the global ferrous metals sector is undergoing constant restructuring, ASEAN has emerged as a pivotal growth ...
Cleveland-Cliffs Inc. said Monday it is entering the scrap metal business with the acquisition of Ferrous Processing and Trading Company (FPT) in a deal with an enterprise value of about $775 million.