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Global steel output tapers downward
Steelmakers worldwide decreased their output this February by 3.4 percent compared with February 2024 and by 4.4 percent compared with this January.
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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.
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.
Global steelmakers start off 2025 at slower pace
Steel mills produced 4.4 percent less steel worldwide this January compared with one year ago.
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.
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.
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.
Alpla buys out JV partner in Egypt
Austrian packaging and plastic recycling firm now owns all of Taba, a plastic bottle producer and recycler based in Egypt.
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.
LME expresses satisfaction with its 2024 activity levels
London Metal Exchange says its nickel and ferrous scrap contracts were among those with significant gains in activity last year.
