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 ...

Given the huge declines in US construction and auto manufacturing over the past year, the recent rise in steel scrap prices may lead many to scratch their heads with surprise. According to the ...

Radius Recycling's profitability is poised to improve due to rising domestic steel prices driven by tariffs, which will increase scrap steel prices and expand margins. Despite historical ...

Nebraskans, responding to rising scrap steel prices, have scoured their properties for junk they could throw away without throwing away. The Alter Scrap Processing yard at Fifth and N streets was ...

Last year, when scrap metal prices fell off, Niagara Metals saw the volume of material it took in fall 40 percent. In some cases, he said, building demolitions were put on hold because the projects ...

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 ...

Andrew Jacobson is paying his suppliers a lot less these days. And that's not a good thing. One of the owners of All Metal Recycling in Franklin Park, Jacobson buys scrap steel for $50 per ton, down ...

The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about largescale scrapping of tankers, but so far, it has been all ...