Mexican steel scrap prices have increased again for almost every grade in the steelmaking regions of Monterrey and Bajio, with buyers continuing to try to secure supply

The publication of Fastmarkets’ twice-weekly index for India shredded steel scrap imports was delayed on Tuesday March 22 because of an internal error.

Brazil, a country that already emits less greenhouse gases (GHG) per tonne of crude steel produced than the global average, seeks in charcoal and natural gas a way to take short-term steps on its lengthy decarbonization road, but its legacy integrated steelmaking capacity could be a hurdle

Fastmarkets has corrected its ferrous scrap consumer buying prices for North and South Carolina, which were published incorrectly on Thursday March 10 due to a reporter error.

Turkish mills have been forced to pay $6 per tonne more for United States-origin ferrous scrap with the extreme curtailment of Black Sea billet shipments into global markets acutely intensifying demand for Turkish material, and there are more hefty increases for US ferrous scrap export prices on the horizon, sources told Fastmarkets

Prime steel scrap prices were a hot topic ahead of March’s ferrous trade, following the announcement that Russia sent troops into eastern Ukraine on Monday February 22 in a move that could threaten the United States’ pig iron supplies and force mills to rely more heavily on prime scrap

Fastmarkets has corrected its consumer buying prices for steel scrap No1 bundles, delivered mill Philadelphia and steel scrap No1 busheling, delivered mill Philadelphia based on further pricing data submitted for the domestic ferrous scrap monthly trade in February

Fastmarkets charts the steady and recently rapid rise of southern steelmaking, and its possible impact on ferrous scrap markets and pricing

The idea of imposing a border tax on imports is "ill-advised" and would harm the metals industry and U.S. consumers, according to the American Institute for International Steel (AIIS)

Two Turkish mills have returned to the North American deep-sea ferrous scrap market to secure one cargo each from the United States and Canada. A Canadian exporter sold a cargo of unspecified tonnage to a Turkish mill comprising No1 heavy melting scrap priced at $480 per tonne cfr and shredded scrap and bonus-grade material priced […]