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Scrap: the US export market saw several changes in 2022
Year-end summaries of scrap metal export activity released by the US Geological Survey (USGS) show several ways in which business patterns changed for scrap recyclers last year. The USGS summary of red scrap metal export data from the US Department of Commerce shows...
ArcelorMittal North America will supply sustainably produced steel to General Motors
ArcelorMittal North America said Tuesday that it will supply General Motors with recycled and renewably produced steel, which significantly reduces CO2 emissions. The material will be supplied by ArcelorMittal Dofasco in Hamilton, Ontario, and shipments are expected...
Copper: imports into China in May fell by 4.6% year-on-year
China's copper imports fell 4.6 per cent in May from a year ago, according to customs data on Wednesday, as weak demand due to an uncertain economic recovery in the world's top metal consumer dampened buying appetite, while domestic production remained high. Imports...
HRC steel: apparent demand remains low in Europe with prices likely to fall further
On Monday 5 June, European HRC steel coil prices continued to fall amid extremely weak demand, but it is likely that the market bottom has not yet been reached. According to market sources, integrated mills in Germany offered coils with August-September delivery at...