In August of this year, global crude steel output by 64 nations reported to the World Steel Association (worldsteel) was 156.8 million tonnes (Mt), down 1.4 percent from the same month a year ago. In 2021, production began to drop for the first time. Asia and Oceania produced the most steel, with 112.7 million tonnes …
In 2021, global steel output fell for the first time. Read More »
LONDON, Sep 22 (Reuters) – More disruption is looming in the global copper scrap market. This time it is Malaysia that is threatening to stop imports of lower-grade recyclable material. The country has emerged as a major recycling hub for both copper and aluminium, processing and upgrading scrap into a form that can be imported …
Column: Malaysia deals fresh blow to global copper scrap trade: Andy Home Read More »
Aluminium scrap prices in the United States nudged higher week on week amid healthy domestic and overseas demand and a continued upward trend in futures prices on the London Metal Exchange. Solid demand in the non-automotive side of the sector, such as consumer products, has helped to mitigate some of the impact from sluggish volumes …
The contango structure for the September-October portion of the forward curve softened sharply on the week, suggesting that futures traders expect the rate of near-term scrap price increases to be less firm. The backwardated structure of the October-November portion of the curve also softened, while the November-December portion of the LME scrap forward curve shifted …
FUTURES WRAP: LME scrap contracts slide on week, trading volume soars Read More »
On Friday, August 27th, the Price Index showed that North American copper and aluminium scrap prices continued to rise. Scrap prices for brass and bronze were also higher on the Index. The prices of stainless steel and steel scrap did not move on the Index. Copper Scrap Prices On Index, the price of Alternator scrap …
North American Scrap Metal Prices Spike on Index on September 22, 2021 Read More »
The Institute of Scrap Recycling Industries (ISRI) testified today before the Senate Environment and Public Works Committee on “The Circular Economy as a Concept for Creating a More Sustainable Future.” Billy Johnson, ISRI’s Chief Lobbyist, discussed the industry’s critical role in a circular economy. Johnson discussed how the recycling business is intertwined and what makes …
ISRI’s Testimony Highlights Recycling’s Critical Role in a Truly Circular Economy Read More »
On Tuesday, September 21st, North American copper scrap prices stayed unchanged on the Price Index. On the Index, the prices of aluminium and steel scrap remained unchanged. Prices for brass scrap and bronze scrap were unchanged from the previous day. Stainless Steel Scrap prices, on the other hand, fell on the Index. Copper Scrap Prices …
North American Stainless Steel Scrap Prices Fall on Index on September 21, 2021 Read More »
Nucor has declared ambitions to expand its business in the United States. It should be mentioned that the business recently declared its intention to construct a new state-of-the-art sheet mill, for which it has already begun examining sites in Ohio, Pennsylvania, and West Virginia. In its latest announcement, the Charlotte, N.C.-based steelmaker declared that its …
Thousands of residents in Northeast Florida are finding it more difficult to go green with curbside recycling due to trash service issues. Jacksonville is planning to hire a new firm to handle garbage and recycling in some areas of the city. Republic Services is now picking up recycling bins throughout Northwest Jacksonville, as well as …
The pandemic already made 2020 a tough year for electronics processor Sycamore International. So when five days of power outages struck last year, each day costing the company tens of thousands of dollars, it “really was a punch in the gut,” CEO Steve Figgatt said. Now, the Pennsylvania processor has made a solar micro-grid investment …
