Continuing Iron Age's Century-Long Tradition

Analysis of the trends in steel scrap markets.

Check out the latest review, "Prime, frag differential still spreading concern in the markets"

 

 

Steel market reaches fork in the road for second half of the year

By Sean Barry - July 16, 2018

What a difference a year can make in the U.S. steel industry. Just 12 months ago the tone of American Metal Market’s Steel “Survival” Strategies conference was one of doom and gloom amid a depressed pricing environment and the lingering impact of high import levels on domestic production.

Scrap demand to be underpinned by further growth in electric arc furnace sector – SMA

By Bill Beck - June 18, 2018

As the summer of 2018 gets underway, the nation’s steel industry is enjoying one of its better years in decades. The U.S. GDP is clipping along at better than a 3.5 percent annual average, hot-rolled coil is selling for nearly $900 a ton, and the Trump Administration has slapped a 25 percent tariff on steel imported into the U.S.
 

Balanced market to keep prices sideways in June

By Staff - May 24, 2018

Prices for ferrous scrap in North America are expected to be sideways to slightly firmer in June as healthy levels of supply are set to be met by robust demand.
 

Balanced market to keep prices sideways in June

By Staff - May 24, 2018

Prices for ferrous scrap in North America are expected to be sideways to slightly firmer in June as healthy levels of supply are set to be met by robust demand.
 

The new geographical realities of steel and scrap

By Bill Beck - May 21, 2018

The announcement in mid-March that Big River Steel is looking into the possibility of doubling capacity at the greenfield mill on the Mississippi River in Arkansas was hardly surprising. President Donald Trump’s decision to levy Section 232 tariffs of 25 percent against steel coming into the United States from a number of countries immediately led to speculation that U.S. mills would increase capacity to take advantage of what the industry terms “a more level playing field.”
 

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