India
Winter supply hiccups create February price boost
After shredded scrap ended 2024 at less than $375 per ton on average, as of the second week of February, Davis Index had U.S. mills paying $406 on average.
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Ferrous supply, demand woes signaled worldwide
A combination of tight supply, muted demand and disruptive tariffs presents recycled steel processors and traders with a concerning landscape.
Winter supply hiccups spur ferrous price boost
Prices are up but volumes are declining as winter weather whips through the United States.
Elemental Group opens catalyst recycling plant in India
Elemental Econrg India Private Ltd. aims to process 130 tons of material at the new facility in 2025, with a plan to increase volume.
India drops some nonferrous scrap levies
Import levies for aluminum scrap remain, but copper-bearing and lead scrap importers will no longer pay a tax.
A waiting game
After a volatile first half of 2024, copper prices have been drifting sideways, awaiting developments in United States-China trade relations.
Looming tariffs leave questions
Mexican steel imports could be subjected to a 25 percent tariff in Donald Trump’s second term as U.S. president.
Global steel output down slightly in 2024
Output in nations reporting to the World Steel Association dropped by 0.9 percent last year compared with 2023.
Recovered paper exporters stress need for agility, adaptability
In a Paper Industry Update Fireside Chat, participants highlighted several issues impacting the recovered paper export market in 2025 and beyond.
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.
Ikea store operator announces $1B recycling investment target
Ingka Group, which operates Ikea retail outlets, plans to invest about $1 billion in recycling infrastructure globally through its investment arm.
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