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 ...
A seemingly insatiable appetite for copper and aluminum scrap among buyers from China have kept prices strong and spreads with primary metal exceptionally tight, and industry players said they see the ...
Shares of steel producers, including Nucor and Steel Dynamics, have outperformed the broader market averages over the past year. For instance, NUE and STLD stocks surged about 106% and 71%, ...
It's hard to imagine that a trade war could turn into a scrap yard fight in Detroit. Yet China is the largest consumer of scrap commodities. And Michigan is a major exporter, generating multimillions ...
The Express Tribune on MSN
Steel scrap imports hit 45-month high
According to data compiled by Arif Habib Limited (AHL), iron and steel scrap imports rose sharply to 359,759 tons in ...
China’s “tidal wave of steel scrap” with the potential to decimate the price of iron ore has failed to develop, which is good news for Australia’s three biggest mining companies scheduled to file ...
Europe's top copper producer said it is the victim of a scrap metal scam that might have been facilitated by its employees. Aurubis said it believes some of its suppliers manipulated details about the ...
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