The turning tide in scrap demand Reply

Should the US steel industry be concerned with the effect global demand for US-produced scrap has on domestic scrap prices?

As the world becomes exponentially connected with each passing year, many long-standing industries have not transitioned into the global marketplace as easily as others. More…

Scrap & Steel: A love/hate relationship 1

It goes without saying that the steel industry needs the scrap industry; without an abundant supply of leftover steel from consumers, manufacturers and demolishers, steel plants would have to rely entirely on iron ore for their raw material.  Sure, iron ore is more pure than scrap and can produce higher-quality steel, but it’s costlier to produce, dirtier to use, and at some point, the discovery of new deposits will dry up. More…