Steel prices, which had been on an upward trajectory since the COVID-19 pandemic, started softening late in the third quarter of 2021 as steel supply increased and lead times shortened. Ferrous scrap ...
The week’s biggest mover on the weekly Raw Steels MMI® was the price of US shredded scrap, which saw a 9.8 percent decline. Last week marked the fourth in a row of declining prices for scrap prices.
Sub-continent markets have taken a turn for the worse this week, as collapsing steel prices in India and Eid holidays in Pakistan, Bangladesh, and Turkey have led to depressed sentiments and virtually ...
Add articles to your saved list and come back to them any time. Delays in recouping the extra cost of higher scrap metal prices sent Smorgon Steel's earnings tumbling in the year to June. But managing ...
Steel mills around the world have been able to pay less for their scrap the past two months, but offers being made for heavy melting scrap (HMS) may be testing a price floor for processors and ...
For most of his adult life, Andre Dennis sold parts at his father’s auto salvage yard. Big D Auto Wrecking in Gardena had been the family business for 46 years. But when things started to slow a few ...
For many owners of older cars, the sad day eventually comes when the cost of fixing a car works out to be more than it’s actually worth. It’s at this point where you’re beyond being able to sell your ...