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Stainless Steel: US Scrap Market Stalled Amid Weak Demand and Falling Prices
The US stainless steel scrap market continues to navigate calm waters—or, for many operators, stagnant. In the week ending Tuesday, November 4th, prices remained stable or slightly lower, weighed down by continued weak demand and the seasonal slowdown that...
UK Secondary Aluminum Market Stalled by Weak Demand and Tensed Prices
The UK secondary aluminum market continues to move in precarious equilibrium. In the week ended Wednesday, November 5, ingot prices remained stable, held back by continued weak demand and rising scrap costs, driven by rising LME cash aluminum prices. Further...
Mexican Steel in Crisis: Production and Consumption Collapse Under the Weight of US Tariffs
The Mexican steel sector continues to navigate troubled waters. According to data released by the Canacero Steel Association, finished steel production and consumption fell sharply in September, impacted by the effects of US tariffs reimposed under the Trump...
American Naval Renaissance: Congress Discusses Historic Plan to Revive Shipbuilding and Steel Industry
The renaissance of American shipbuilding could soon become a reality. This is the promise behind the Shipbuilding and Harbor Infrastructure for Prosperity and Security (SHIPS) for America Act, an ambitious bill aimed at rebuilding the country's maritime production...