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

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

Prices for domestic containerboard in Mexico dropped by 300 pesos per tonne in January, with demand still weak and inventories full, sources reported

North American structural panel production dropped year on year

Any bolstering effect on US ferrous scrap exports from the up-month in February’s domestic trade will be tempered in the immediate aftermath of two earthquakes in Turkey — the country’s largest importing region — on Monday, February 6

2023 begins with softwood lumber markets worldwide seeking to emerge from three consecutive years of unprecedented chaos

The inability of potential buyers to purchase homes in the US currently provides the largest threat to growth in single-family home construction

European copper premiums continued to respond to the unprecedented increase in long-term contract levels in the week to Tuesday February 7, while those in China faced downward pressure due to limited buying and there was no movement in the US

Steel trading and production have come to a halt in the eastern Turkish region of Iskenderun following a devastating earthquake that hit the region on Monday February 6 and put mills in the area under force majeure, sources told Fastmarkets on Tuesday

RBP price remained unchanged as US old corrugated containers (OCC) ticked up in January