By Bill Beck - January 3, 2022
With a second straight pandemic year in the books, participants in the North American ferrous scrap market are looking back at a bullish 2021 and anticipating more of the same in 2022.
By Bill Beck - October 25, 2021
Continued tightness of prime grades and a flurry of demand from Turkish steelmakers has the North American ferrous scrap community anticipating sharply higher pricing for the November settlement.
By Bill Beck - October 18, 2021
The trend toward consolidation in the North American ferrous scrap sector got a whole lot more pronounced last week.
By Bill Beck - May 21, 2021
The recent surge in North American ferrous scrap prices amid strong global steel markets and supply shortages, particularly for prime grades, could be just the start of a demand super cycle for high quality scrap units and alternatives, according to several panelists at Fastmarkets’ virtual Scrap, DRI and Mini-Mills conference, April 13-15, 2021.
By Staff - December 16, 2020
An overwhelmingly bullish sentiment driven by a deepening shortage of ferrous scrap and strong demand propelled the Trend Indicator to its highest ever reading of 80 for January, surpassing the previous high of 76 in January this year.