Here are the key takeaways from market participants on US ferrous scrap metal prices, market confidence, inventory and more from our October survey

The deadly storm may lead to a temporary near-to-medium-term uptick in steel prices, as scrap flows dwindle and the need for new steel soars, sources said. “[Original equipment manufacturers] and service centers will experience a boost in sales to rebuild from the hurricane,” one mill source said. “The rebuild includes new equipment like tree-trimming trucks, […]

The willingness among steel consumers to pay premiums for ‘green’ products was not enough to offset the extra cost of the technology transition in the short term, according to Dr Karel Eloot, senior partner in the global materials insights department of management consultant McKinsey & Co.

Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our September survey

Fastmarkets amended the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China on Wednesday August 28.

The publication of Fastmarkets’ Turkey steel scrap indices for Thursday August 22 was delayed because of a reporter error.

Rapidly increasing export volumes of Chinese steel sold at lower prices are significantly lowering sentiment across key global ferrous markets, trade sources told Fastmarkets the week to Thursday August 1

Here are the key takeaways from market participants on scrap metal prices, market confidence, inventory and more from our August survey

Fastmarkets has corrected its MB-STE-0523 Steel scrap shredded auto scrap, consumer buying price, delivered mill, $/gross ton, weekly composite, which was published incorrectly since June 14.

Fastmarkets proposes to amend the pricing frequency of its MB-STE-0889 steel scrap, index, heavy recycled steel materials, cfr east China, and MB-STE-0895 steel scrap, index, heavy recycled steel materials, cfr north China to once a month from the current weekly basis.