HMS-Heavy Melting Steel
The problem solver
Nanci Schuld and the team at FE Trading Group specialize in helping suppliers and mills solve their logistical problems.
More in HMS-Heavy Melting Steel
Ferrous market upward price momentum continues into March
Domestic mills reportedly will pay from $20 to $40 more per ton for benchmark ferrous scrap grades in March compared with the previous month.
Unlocking the full potential of shredded scrap with ZB Group’s THOR 6363 K mobile hammermill
ZB Group’s THOR 6363 K mobile hammermill is a game-changing solution designed to deliver cleaner, denser and more valuable scrap efficiently.
RMDAS figures show February surge in recycled steel’s value
Prompt scrap grades have gained the most value in the first six weeks of 2025, according to MSA Inc.’s RMDAS price tracking data.
US ferrous scrap, DRI consumption rise in 2024
U.S. Geological Survey also calculates an 88 percent steel appliance recycling rate for last year and a 71 percent rate for rebar scrap.
A glimmer of hope in the new year
Recycled steel sellers finally were able to get more per ton in the January buying period compared with the prior month.
RMDAS figures portray US recycled steel price boost
Mill buying figures for late December through mid-January show ferrous scrap prices posting bigger gains in the Midwest and South.
Recycled steel values rise in US
Davis Index reports that mills in the U.S. are paying some $20 more per ton this month for benchmark grades compared with the prior month.
US ferrous market exhibits upward pricing pressure: Davis Index
Mills in the United States could need to rebuild their inventories in January just as the collection and movement of ferrous scrap are interrupted by winter weather.
Uncertainty overhangs Asian markets
The recovery of the Asian recycled steel market remains uncertain after the volatility of 2024.
Demand headwinds blow
The North American ferrous market felt pressure in 2024 that is likely to continue in the new year.
More from Recycling Today
