The first half of this year has been an exercise in awaiting a price rebound for processors and shippers in the ferrous scrap market. “Smaller dealers typically need cash flow, and we are not seeing ...

Although winter weather has pinched supply in some places, mills in the U.S. and Turkey expect to buy ferrous scrap for less. A scrap processor in the western U.S. says, “The demand for material off ...

What started as a routine scrap trip turned into a massive payday when the crew rolled across the scale. Steel, copper, ...

• Scrap metal: About $60 per ton is what some local scrap yards pay the public for the steel found in items such as stoves and refrigerators, down from about $250 a ton 90 days ago. A scrap yard may ...

TimkenSteel's pre-2021 losses were due to it operating below its breakeven level. It has changed its cost structure to bring down the breakeven level to below its shipment tonnage. But its past 2 ...

On Wednesday, Union minister Jyotiraditya Scindia stated that the government aims to elevate the share of scrap in the steel-making process to 50% by the year 2047. Emphasising the importance of ...