Tag Archives: scrap prices
Speaking at the SteelOrbis Spring ’12 Conference & 66th IREPAS Meeting held in London on April 1-3, Kerim Dilber, foreign markets coordinator of the Turkish Steel Exporters’ Association,
Should the US steel industry be concerned with the effect global demand for US-produced scrap has on domestic scrap prices? As the world becomes exponentially connected with each passing year, many long-standing industries have not transitioned into the global marketplace as easily as others.
TURKEY Turkish steel mills started 2011 on a hesitant note, retreating from the scrap market before entirely satisfying their scrap needs.
US domestic scrap prices retreat in February After increasing substantially in early December, scrap dealers expected prices to surge again the following month and therefore held inventories back. But when US domestic mills came into the market in early January, it was evident that scrap dealers may have held back too much inventory and availability—particularly […]
Sergei Kuznetsov, CEO of Severstal North America, talks with SteelOrbis Americas about forecasts for the US flat and coated market, as well as reasons why his company is prepared for both the best and worst economic conditions.
Wherever you look, you’ll see crisis after crisis. Economies in Europe and the US are stalling and some are even on the brink of another downturn. Add to that the enormous amount of debt burdening the US and the Eurozone and you can easily see that the next economic meltdown is just around the corner.
For those attending steel industry events this spring, new approaches in the “new normal” were the most frequent topics of discussion.
SteelOrbis discusses the US scrap industry’s domestic situation and place in the global raw materials landscape with George Adams, President, SA Recycling
What a promising start to 2011! Even though rapidly-rising steel prices have been met with a measure of restraint, and the robust levels of purchasing activity were largely based on inventory restocking, the situation did not necessarily inflate into a bubble as many predicted early in the year.
It goes without saying that the steel industry needs the scrap industry; without an abundant supply of leftover steel from consumers, manufacturers and demolishers, steel plants would have to rely entirely on iron ore for their raw material. Sure, iron ore is more pure than scrap and can produce higher-quality steel, but it’s costlier to […]