The domestic US ferrous scrap market has been slow to develop, with resilient sellers holding out for better offers

The steel scrap market is undergoing a monumental shift as the pull of decarbonization, growing market consolidation and supply shortages propel steel scrap into 'hot' commodity status

While demand for stainless scrap remains very weak in the United States, scrap prices for the 300-series grades jumped this week on continued tight supply and a spike in London Metal Exchange nickel prices, with the nickel cash contract at its highest since May

Executives at major flat-rolled steelmakers in the United States shared three mutual reasons for optimism about demand in 2023 during their companies’ recent earnings calls, despite the current downtrend in prices

Opinions are mixed on whether new steel reinforcing bar capacity will be absorbed by a down market, but a spate of planned mills in the southern United States may signal a shift toward nearshoring that could offer buyers relief from high freight costs and volatile global supply chains

Imports of aluminium scrap into the United States fell by 9.61% month on month in September, with decreases recorded in all import categories, according to the latest data from the US Department of Commerce

Recycled metals including prime steel scrap are becoming the gold standard commodity for producers and consumers of quality, low-carbon metals. Follow the discussion as our Senior expert Lisa Gordon analyses the impact of prime scrap shortages on the US HRC market

The top executive at Steel Dynamics Inc (SDI) said that a slowdown in inbound ferrous scrap may put the brakes on further big drops in prices

The United States ferrous scrap market remains firmly in the doldrums ahead of November’s domestic ferrous trade with supply-side disruptions unlikely to change prevailingly poor demand, according to market participants

Fastmarkets has corrected its daily hot-rolled coil index, fob mill US, which was published incorrectly on Wednesday October 19 and on Thursday October 6, due to an error.