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EPA Issues an Enforcement Alert to Metal Recycling Facilities to Address VOC Emissions

EPA recently issued an Enforcement Alert to owners and operators of metal recycling facilities about high levels of VOC emissions that have been identified at a number of large shredders. The issue of VOC emissions from metal shredders has not previously been well known or understood.  EPA is now publicly acknowledging the issue and, finally, alerting facilities and …

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Specter of domestic drop in September weighs on US scrap export market

Recyclers on the East Coast of the United States reduced their dock prices in the week to Monday August 23 in the wake of a lower-priced deep-sea ferrous scrap export sale to Turkey and ahead of an anticipated $20- to $30-per-gross-ton drop in September’s domestic trade. “Next month, because we are on the East Coast, …

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Export-sensitive US ferrous scrap markets face October fall

Domestic cut and shredded scrap prices in the export-dependent regions of the United States’ ferrous scrap market could face further drops in October, pressured by an ongoing decline in US export markets. Plunging prices for US deep-sea cargo exports to Turkey, caused by weakening demand, are reportedly dictating the direction of prices in export-influenced domestic markets, …

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US domestic ferrous scrap outlook negative on prime scrap in October, but shred hazy

The monthly ferrous scrap settlement in the United States has barely concluded and market participants are already looking ahead to what is in store for October. There is pessimism brewing on the next direction of prime scrap, yet optimism is brightening the outlook for secondary grades such as shredded scrap. Usually in a downward market, …

US domestic ferrous scrap outlook negative on prime scrap in October, but shred hazy Read More »

US stainless scrap prices dip on weaker demand

Stainless steel scrap prices in the United States declined slightly while consumer demand weakened due to maintenance outages and some production difficulties. One stainless steel melting facility has a one-week maintenance outage scheduled for September, and another stainless mill has been experiencing some production problems, according to some scrap dealer sources. As a result, those …

US stainless scrap prices dip on weaker demand Read More »

Specter of domestic drop in September weighs on US scrap export market

Recyclers on the East Coast of the United States reduced their dock prices in the week to Monday August 23 in the wake of a lower-priced deep-sea ferrous scrap export sale to Turkey and ahead of an anticipated $20- to $30-per-gross-ton drop in September’s domestic trade. “Next month, because we are on the East Coast, …

Specter of domestic drop in September weighs on US scrap export market Read More »

ASIA STEEL SCRAP DIGEST: Taiwan books containerized scrap at $440 cfr

Prices for containerized steel scrap imported into Taiwan remained flat on Wednesday August 25, but sources said the outlook in the market was shaky for the coming month. Taiwan buys containerized scrap at $440 per tonne in recent deals Wide bid-offer gap cfr China scrap persists Deal at lower price heard for shredded scrap to …

ASIA STEEL SCRAP DIGEST: Taiwan books containerized scrap at $440 cfr Read More »

Mexican steel scrap prices fall amid tug of war between buyers, sellers

Mexican ferrous scrap prices have trended lower, with more consumers applying price cuts to all grades. In recent weeks, scrap buyers announced weekly price cuts of 200 pesos ($10) per tonne, but sellers were resisting lower prices. Last week, lower prices were found to be more widespread, especially for obsolete grades. After succeeding in reducing …

Mexican steel scrap prices fall amid tug of war between buyers, sellers Read More »

DAILY STEEL SCRAP: Mills extend their silence in deep-sea markets amid weak steel sales

Turkish steel mills continued to stay away from the deep-sea scrap import markets for the second working day of the week amid limited finished steel sales, market participants told Fastmarkets on Tuesday August 24. The most recent deep-sea trade was reported at the end of the week to August 20, when a steel mill in …

DAILY STEEL SCRAP: Mills extend their silence in deep-sea markets amid weak steel sales Read More »

ASIA STEEL SCRAP DIGEST: Chinese futures gains fail to inspire scrap market

Rising Chinese ferrous futures on Monday did little to raise steel scrap demand in China, sources told Fastmarkets on Tuesday August 24. Demand for importing steel scrap in China remains muted Buying sentiment in Taiwan cools South Korean demand for Japan high-grade scrap still high China The market for steel scrap imported into China remained …

ASIA STEEL SCRAP DIGEST: Chinese futures gains fail to inspire scrap market Read More »