North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand

The share of direct-reduced iron (DRI) being used by Indian induction furnaces and foundries has grown over the last month, despite efforts by a strong scrap lobby to use more of the secondary raw material to reduce carbon emissions in the country

Optimus Steel’s ongoing expansion and upgrades at its Beaumont, Texas facility since 2021 will – by the time of completion in late 2024 – double its rolling capacity from 800,000 tons per year to 1.6 million tpy

The publication of Fastmarkets’ price assessments for aluminium scrap LM6/LM25 and LM24 gravity diecasting ingot, delivered consumer UK and the UK aluminium scrap grades price assessments for Wednesday June 14 were delayed due to a reporter error.

In contrast to the apparent widespread belief that war would lead to a surge in scrap collections in Ukraine, volumes actually fell in 2022 and are likely to fall again in 2023, according to the head of Ukranian commodities think-tank, GMK Center

The outlook for North American steel scrap prices has headed further into bearish territory ahead of June's trade, with prices for all grades expected to fall again after a round of across-the-board decreases in May

Green premiums, reducing Scope 3 emissions and the quest for high-grade iron ore were among the key topics discussed at the 27th International Iron Ore forum in Stockholm

Major German recycler TSR aims to supercharge scrap consumption in Europe with a high-grade scrap designed to make high-quality flat steel for sectors such as automotive, a company official told Fastmarkets on Friday April 28

Fastmarkets decided to change the publication time of the weekly assessment of Mexican ferrous scrap prices on Tuesdays to “between 2pm and 3pm New York time” from “by 2pm New York time."

After assessing a high volume of market feedback, Fastmarkets is extending by one week the consultation period for its proposal to launch black mass payables indicators in the South Korean market.