Prompt scrap grades have gained the most value in the first six weeks of 2025, according to MSA Inc.’s RMDAS price tracking data. Nationally, No. 1 HMS gained $30 per ton in value in February, ...

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 ...

This week, stainless steel spot prices and production costs rose in tandem, further widening steel mills' profit margins. Taking 304 cold-rolled products as an example, based on the raw material ...

Radius Recycling's profitability is poised to improve due to rising domestic steel prices driven by tariffs, which will increase scrap steel prices and expand margins. Despite historical ...

The price of mild steel (MS) rod has inched up in recent months, supported by seasonal construction demand and a rebound in international scrap steel prices since December.

India plans to ramp up the use of steel scrap as it pushes towards a crude steel capacity of 300 million tonnes by 2031. ‘Scrap consumption in Indian ...