HMS-Heavy Melting Steel
Anticipate and adapt
The U.S. EAF steel industry investment flywheel continues building market-competitive capacity.
More in HMS-Heavy Melting Steel
Turkey neglects US scrap in favor of Russian shipments
While U.S. recycled steel shipments to Turkey fell by 23 percent in the first quarter, that nation’s mills more than doubled their purchases of Russian ferrous scrap.
Some momentum at home
Turkey’s domestic ferrous scrap supply has strengthened in the past year.
More pluses than minuses
The American steelmaking technology conversion process was painful for workers and shareholders, but investments have outweighed mill closures.
Market awaits next direction
Recyclers are keeping an eye on their scales and industrial buying volumes to determine how Trump administration policies might affect material flows this spring.
RMDAS April figures show recycled steel price setback
Steel mills paid from $20 to $40 less per ton for benchmark recycled steel grades in late March and the first three weeks in April.
The problem solver
Nanci Schuld and the team at FE Trading Group specialize in helping suppliers and mills solve their logistical problems.
Singapore EAF melt shop idled
The rolling mill downstream from the recycled-content NatSteel melt shop reportedly still is operating.
Innovation and evolution in metal recycling in Puerto Rico
ZB Group's THOR 6363 K mobile shredder was the ideal solution for Talleres de Reciclaje de Metales Inc.
2 factors raise ferrous export questions in April
The end of Ramadan and political unrest in Turkey each could restrain enthusiasm for American ferrous scrap purchases in early April.
Ferrous market upward price momentum continues into March
Domestic mills reportedly will pay from $20 to $40 more per ton for benchmark ferrous scrap grades in March compared with the previous month.
