Steel prices, which had been on an upward trajectory since the COVID-19 pandemic, started softening late in the third quarter of 2021 as steel supply increased and lead times shortened. Ferrous scrap ...

Steel companies have been squeezed by an almost 100 percent increase in ferrous scrap prices during the past 12 months, and their bottom lines are showing the pressure. The Chicago composite price for ...

Stabilized pricing on a broad range of structural steel products points to a much less frenzied market in the months ahead after a first-half marked by soaring prices and tight supply. The sharp price ...

The Institute for Scrap Recycling Industries said nationwide, about 78 yards have closed in the past year, including some that had multiple yards owned by one company. The industry group said that ...

Scrap steel prices are high because of a weak dollar and strong global demand for scrap steel. Mini-steel mills, the largest U.S. consumers of scrap, want the U.S. Department of Commerce to limit ...

U.S. steel prices have fallen by more than 15% since late-April highs. The drop is likely due to a drop in demand from the U.S. manufacturing sector. Infrastructure spending could add price support ...

RMDAS figures for April show a decline in heavy melting steel pricing; market may be poised for May reversal. Steel mills in the U.S. have been paying more than $600 per ton for ferrous scrap, ...

ILWAUKEE - At a scrap yard on Milwaukee's south side, a young man known as a "metal peddler" unloaded a faded green Oldsmobile filled with so much junk that its rusted bumper nearly dragged on the ...