Tariffs
Recycled steel price crosses $500 per ton threshold
Steel mills in the northern U.S. have been paying $501 per ton for prompt ferrous scrap in March, according to RMDAS.
More in Tariffs
Politics in Turkey threaten recycled steel outlet
A high-profile political arrest in Istanbul threatens to divide a country that has divergent opinions about the president who has been in power for 11 years.
Rebar association points to trade turmoil
Lisbon-based IREPAS says the global climate for steel rebar makers is “overwhelmed by a spiral of duties and trade measures.”
Algoma EAF to start in April
Mill conversion project will start ramping up just as Canada deals with United States tariffs on inbound steel.
Aluminum Association seeks certainty on tariffs
Industry trade group’s CEO reiterates view that American industry is better served by access to Canadian aluminum.
CMI comments on Trump’s Section 232 tariffs
The organization says the tariffs on U.S. steel and aluminum imports will lead to higher costs for canned foods and beverages.
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.
Copper market navigation stress lingers
Miners and recyclers helped meet healthy copper demand last year, but price volatility seems poised to remain an issue.
Update: Scrap metals included in emergency tariffs on Canada, Mexico
The 25 percent tariffs on Mexico and Canada, which went into effect Monday, March 4, before being paused again for a month Thursday, March 6, have amplified the uncertainty recyclers feel.
Tight supply poised to keep recycled steel prices buoyant
If recycled steel prices rise in the United States, it could be more of a supply issue instead of a demand one.
Tariff reactions mixed, but reshoring advocates see positive signs
As some trade association statements express reservations about the Trump White House tariff regimen, the Reshoring Initiative is tracking company decisions.
