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Prices for OCC imports climb across the board in Asia, but for how long?
China’s policy changes late last year triggered a drive for higher recovered paper prices, but contacts suggest the party is likely over
February 17, 2023
·
By Nick Chang
Insights
Europe scrambles for Asian HRC after Turkey earthquakes disrupt supplies
European hot-rolled coil (HRC) buyers are scrambling to purchase Asian cargoes, with a rebound in demand hit by disruption to supplies from Turkey following this week's earthquakes there
February 16, 2023
·
By Paul Lim, Zihuan Pan
Insights
Economy and tourism performance could undermine Caribbean demand for softwood lumber
Global economic headwinds could weigh heavily on key markets throughout the Caribbean
February 16, 2023
·
By Peter Malliris
Insights
Turkey makes tentative return to US ferrous scrap export market
A Turkish mill in a region geographically unaffected by the earthquakes in the southeast of the country on February 6 made a return to the US ferrous scrap export market on Friday February 10
February 15, 2023
·
By Amy Hinton
Insights
Fifth US flat-rolled steel hike driven by higher spot demand, scrap prices: sources
Flat-rolled steel producers in the United States increased spot prices for the fifth time in less than three months on Monday February 13, led by an uptick in spot demand and higher scrap prices, according to market participants; the latest hikes bring the total increases to $260 per short ton
February 15, 2023
·
By Alesha Alkaff
Insights
LIRA projects notable dip in repair and remodeling
The short term forecasts continue to look underwhelming for the US housing market
February 15, 2023
·
By Gary Zauner
Insights
Lack of interest in US decking leads to a surplus of tongue and groove
We look at the consequences of the decking market's failure to fully recover
February 15, 2023
·
By Craig Murphy
Insights
How reliant is Europe on Russian energy?
Lasse Sinikallas, our director of macroeconomics, shares his analysis on whether Europe’s reliance on Russian energy resources 12 months on
February 14, 2023
·
By Lasse Sinikallas
Insights
US ferrous scrap market expected to remain stout on strong mill demand
The US Midwest ferrous scrap market extended its upward momentum, rising in February for the first time since 2010 on strong export, good order books and low scrap inventories
February 14, 2023
·
By Lisa Gordon
Insights
US South HRC index holds below $40/cwt due to buyer holdouts; imports remain wildcard
Hot-rolled coil prices in the US South brushed against $40 per hundredweight on higher mill offers, but continued to trail their Midwest counterparts due to skeptical buyers with sufficient inventories to wait out what they said was likely a short-term surge
February 13, 2023
·
By Abby Verret
Insights
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