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Outokumpu USA Strengthens The Scrap Chain In Alabama With A New Shredding Plant
The US stainless steel plant of Outokumpu in Calvert, Alabama, will be able to count on faster and more direct access to recycled raw materials ready for melting. Making this possible will be a new industrial investment of more than 22 million dollars in a shredding...
Italian Ferrous Scrap Stabilizing After The May Increases
After the tensions and increases recorded in the first weeks of May, the Italian ferrous scrap market seems to have entered a phase of greater balance. Prices, in the latest week, have substantially stabilized, interrupting the bullish movement that had characterized...
Steel Scrap In India Under Pressure: Weak Demand, Falling Rupee And Buyers Retreating
The Indian imported steel scrap market showed a further slowdown in the week to Friday May 22, confirming a phase of strong caution from steelmakers. The combination of weak demand for finished steel, falling semi-finished prices and a weaker rupee against the dollar...
Silico-Manganese In Europe Rising After The Immediate Exhaustion Of Indian Quotas
The European silico-manganese market recorded an increase on Friday May 22, supported by a clear improvement in sentiment after the rapid exhaustion of the new tariff quotas available for India and other origins. The measure reignited operators’ attention on import...