HBI/hot briquetted iron
Cliffs asset repositioning includes FPT sale
The CEO of the metals firm says moves are underway to sell Ferrous Processing & Trading, including sites in Florida to SA Recycling.
More in HBI/hot briquetted iron
Tariff views diverge between steel and aluminum sectors
While the Steel Manufacturers Association supports a tariff increase to 50 percent, the Aluminum Association urges reconsideration regarding that metal.
Anticipate and adapt
The U.S. EAF steel industry investment flywheel continues building market-competitive capacity.
RMDAS tracking shows $40 ferrous price drops in May
Mills in the United States have been able to buy recycled steel for up to $50 per ton less in May compared with April.
Japanese scrap can feed its EAF sector, study finds
An analysis by think tank Transition Asia says a lack of recycled steel should not serve as “a barrier to the transition” to adopt electric arc furnace technology in Japan.
Hyundai says it will make steel in the US
At a press event with President Donald Trump, the South Korean conglomerate says $21 billion in U.S. investments will include a new steel mill.
Newsworthy
Recent news from the various sectors of the recycling industry from our March 2025 issue.
ArcelorMittal selects Alabama for electrical steel plant
The company will expand its campus in Calvert, Alabama, to make 150,000 metric tons per year of nongrain-oriented electrical steel.
Newsworthy
Recent news from the various sectors of the recycling industry from our January 2025 issue.
SSAB, Stena Metall reach supply agreement
Stena will supply recycled steel from one of its Swedish facilities to the under-construction SSAB electric arc furnace mill in Oxelösund, Sweden.
SSAB calls for decarbonization unity
Europe-based steelmaker will use COP29 gathering to urge global carbon pricing mechanisms as one means of lowering the metal’s carbon footprint.
