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US Ferrous Scrap Market: Cautious Optimism Amid Hopes for US-China Agreement and Imbalances in Maritime Freight Rates
A climate of cautious optimism characterized the US ferrous scrap market in the week ending October 29, 2025, fueled by expectations for the summit between US President Donald Trump and Chinese President Xi Jinping. However, no new maritime cargo transactions were...
Long Steel in Europe: Prices Steady Amid Sluggish Demand and Year-End Strategies
The European long steel market remains stable, but tension is growing behind the scenes. In the week ending October 29, 2025, domestic prices for rebar and wire rod remained virtually unchanged across Europe, with limited demand continuing to hamper producers'...
Ferrous Scrap: 2025 Marks the Beginning of a New Export Geography
2025 was not an easy year for ferrous scrap exporters. Reduced demand in some traditional markets, such as Turkey, and the prolonged decline in prices due to weak steel sales have weighed heavily on the sector, according to several sources told Commodity Evolution....
Plate, Rebar and Pig Iron: The European Steel Market Between Increases, Expectations, and New Balances
Expectations of a price hike for heavy plate have not remained unfulfilled: in the last two weeks, prices have indeed begun to recover. However, the market appears divided on the continuation of this trend. While some operators expect the price trajectory to continue...