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 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.
By Bill Beck - November 9, 2020
After all the tumult and the shouting, the November ferrous scrap market wound up a strong sideways, a trend that many in the community had been predicting since mid-October.
By Sean Barry - November 2, 2020
The outlook for the North American ferrous scrap market continues to brighten heading into the monthly November trade negotiations this week amid strong export demand and high finished steel prices that have edged past $680 per short ton.