by | May 1, 2025 | Industry News
Algoma’s new EAF to produce steel in Q2 2025 [X] Published by:Alesha Alkaff 30 Apr 2025 @ 17:45 UTC Algoma’s new electric arc furnace (EAF) is scheduled to begin producing steel in the second quarter of the year instead of the company’s original April deadline, thanks...
by | May 1, 2025 | Industry News
US ferrous scrap export prices dip on West Coast; East Coast steady amid limited activity [X] Published by:Geoff Mattson 30 Apr 2025 @ 18:25 UTC US ferrous scrap export activity remained muted during the week to Wednesday April 30, with no fresh East Coast cargoes...
by | Apr 30, 2025 | Industry News
Gerdau holds investments amid calls for trade defense in Brazil, supported by US performance in Q1 [X] Published by:Ana Enis 29 Apr 2025 @ 21:59 UTC Brazilian steelmaker Gerdau called on the federal government to implement more effective trade defense mechanisms, the...
by | Apr 30, 2025 | Industry News
Nucor reports higher Q1 volumes, order activity amid growing backlogs [X] Published by:Robert England 29 Apr 2025 @ 19:37 UTC Nucor reported a jump in shipping volumes in the first quarter, and despite recent market volatility, the steelmaker expects “solid demand” to...
by | Apr 29, 2025 | Industry News
US Midwest HRC index climbs despite market lull [X] Published by:Alesha Alkaff 28 Apr 2025 @ 20:06 UTC Hot-rolled coil prices in the US Midwest edged upward on Monday April 28, with mills reportedly keeping offer levels elevated despite a reportedly inactive hot band...
by | Apr 29, 2025 | Industry News
Shredded scrap overhang darkens May US ferrous scrap trade prospects [X] Published by:Lisa Gordon 28 Apr 2025 @ 16:14 UTC Shredders in the US continue to lower scale buying prices at a swift pace as buyers and sellers anticipate a healthy drop in the May ferrous scrap...