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US Scrap, SA Recycling Sells Columbus And Redesigns Its Ohio Valley Presence
SA Recycling has sold its Columbus, Ohio facility to Columbus Metal Recycling, continuing the process of rationalizing the assets inherited through the acquisition of PSC Metals. The sale of the Joyce Avenue site is the third divestment of a former PSC facility within...
Hot-Rolled Coil Prices Rise, China And The United States Move On Different Tracks
Hot-rolled coil prices increased in both China and the United States, but behind the movement lie two profoundly different markets. In China, support comes mainly from the increase in coking coal and expectations of a metallurgical coke price rise, while end-user...
Ukrainian Steel Under Attack, Zaporizhstal And ArcelorMittal Kryvyi Rih Halted
Two of Ukraine’s main steelmaking complexes, Zaporizhstal Iron & Steel Works and ArcelorMittal Kryvyi Rih, have completely or partially suspended production after being hit by Russian missile attacks. The strikes killed nine workers and damaged energy...
European Heavy Plate, August Freezes Trading And Stabilizes Prices
Heavy plate prices remained broadly stable in European markets, while the summer break reduced trading to a minimum. In Italy, weak activity consolidated the reference level of €690-700 per tonne, while imported slab quotations also went through the week without...