Exporters of steel scrap have continued to explore alternative destination markets for sales of deep-sea scrap cargoes because of the slump in prices in Turkey, sources said in the week ended Friday June 24
Attendees of Fastmarkets’ 37th annual Steel Success Strategies conference - June 5-7 in Miami Beach, Florida - discussed an array of topics, from short-term trends to long-term ambitions to make the industry green. Here are five key takeaways
Hedging in the steel and ferrous scrap industries in the United States is still not mainstream due to nagging perception issues that contribute to misunderstandings about how it really works, according to panelists at the 37th annual Steel Success Strategies conference in early June
Fastmarkets is proposing a realignment of its consumer buying prices for No1 bundles and No1 busheling scrap in Detroit, effective from the August 2022 monthly settlement.
Fastmarkets is proposing a realignment of its consumer buying price for ferrous scrap turnings in Detroit, effective from the July 2022 monthly settlement.
Fastmarkets has corrected its dealer buying prices for stainless scrap 304 solids, clips and stainless scrap 304 new clips in Pittsburgh, which were published incorrectly on Tuesday June 7 due to a reporting error.
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.
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