American Metal Market is part of Fastmarkets

Mexican ferrous scrap prices continued to trend lower in the week ended Friday June 3, with market participants seeing no bottom for prices

A wide variety of factors have contributed to “a really shaky period” in international trade, delegates heard at the 86th meeting of Irepas, the International Rebar Producers & Exporters Association, held in Istanbul, Turkey, on May 29-31, 2022

Due to a reporter error, the publication of Fastmarkets’ daily indicator for No1 busheling was delayed on Tuesday June 7.

Fastmarkets is inviting feedback on plans to expand and switch its Houston ferrous scrap price series to a consumer buying assessment from its current methodology as a dealer selling assessment. It comes in response to the Houston region becoming a more defined consumer market.

Steel Dynamics Inc (SDI) is aiming for its new $1.9-billion electric-arc furnace (EAF) mill in Sinton, Texas, to be operating at 80% capacity by the third quarter before hitting full capacity by year-end, chief financial officer Theresa Wagler said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, on Monday June 6

The automotive industry is ready for a green steel premium, steel industry leaders said at Fastmarkets’ Steel Success Strategies conference in Miami Beach, Florida, noting that end users will have to bear that cost