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US Scrap Trends Outlook: December
Our monthly US steel scrap price outlook helps you to make sense of critical indicators impacting price movements, allowing you to forecast scrap prices one month ahead
December 8, 2022
·
By Sean Barry
Insights
US ferrous scrap market regions slowly taking shape
The US domestic ferrous scrap trade has kicked off with higher offers across the board, but market participants indicated that negotiations have turned rocky in some regions, with some sellers holding out for bigger increases
December 7, 2022
·
By Lisa Gordon
Insights
Decision to discontinue Seattle/Portland turnings price assessment
Fastmarkets has decided to discontinue its steel scrap machine shop turnings, consumer buying price trend, delivered mill Seattle/Portland, $ per gross ton due to a lack of liquidity.
December 5, 2022
·
Insights
Decision to discontinue Detroit foundry grades
Fastmarkets has decided to discontinue three foundry grade price assessments included in its Detroit consumer buying price series due to a lack of liquidity.
December 5, 2022
·
Insights
Oman’s Jindal Shadeed will invest over $3 bln in green steel plant
Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4
December 5, 2022
·
By Serife Durmus
Insights
December US ferrous scrap market facing dealer resistance
The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers
December 5, 2022
·
By Lisa Gordon
Insights
Corrections to daily US, Northern Europe steel scrap indices
Fastmarkets has corrected its price indices for US- and Northern Europe-origin steel scrap, CFR Turkey, which were published incorrectly on Thursday December 1 due to a technical error.
December 1, 2022
·
By Elina Virchenko
Insights
Correction to Pittsburgh bundles, busheling averages
Fastmarkets has corrected the average calculation of its prime scrap prices in Pittsburgh.
November 30, 2022
·
Insights
Proposal to discontinue Philadelphia foundry grades
Fastmarkets proposes to discontinue foundry grade price assessments included in its Philadelphia consumer buying price series due to a lack of liquidity.
November 28, 2022
·
Insights
Brazil’s Gerdau to invest $277mln into solar-, wind-powered steelmaking
Brazil-based Gerdau will invest up to 1.5 billion Reais ($277 million) in solar and wind power projects by acquiring a third of energy generation and commercialization company Newave Energia, advancing its decarbonization goals, the steelmaker said on Friday November 25
November 28, 2022
·
By Renato Rostás
Insights
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