steel

Closure of induction furnaces in China has created displaced volumes of scrap, some of which have been dispatched to a number of other Asian countries - including India, Japan, South Korea and Taiwan...
The cumulative production total of 142.08 million tonnes was 5% or almost 7 million tonnes higher than that for April 2016, the WSA reports. World crude steel output amounted to 550.841 million...
‘Very tight’ scrap supply and rising prices have prompted several mills in Asia - notably in India, Taiwan and also South Korea - to ‘switch in part from scrap to nickel for...
Global ferrous scrap availability is forecast to increase to 1 billion tonnes in 2030 and 1.3 billion tonnes in 2050 from around 720 million tonnes in 2016, Çiftçi told a steel industry and sector...
The more recent reduction in Chinese steel values has also impacted all markets across Asia and ‘prices for finished steel in almost all countries have softened’, it is also noted in the...
In March, China’s crude steel output entered uncharted territory in reaching 71.995 million tonnes - the highest for any single month. The country’s production amounted to more than 201...
Recycling operation incomes amounted to US$ 21 million, as compared to US$ 10 million in the fourth quarter of 2016 (excluding a non-cash goodwill impairment charge of US$ 5.5 million). The company...
The BIR delegation comprised president Ranjit Baxi, non-ferrous metals division president David Chiao and also Ma Hongchang, BIR’s special advisor in China. Baxi told CAMU representatives...
Nucor used more than 20 million tonnes of scrap steel to produce new products in 2015. Having helped to found the coalition, DiMicco says of the organisation: 'Our work has helped elevate...
Up to 220 kg of scrap must be used for every tonne of steel produced in the country by 2020, whereas calculations by the China Association of Metal Scrap Utilisation suggest the scrap usage average...
UAM has nearly three decades of commercial and technical experience managing customers’ aviation assets, disassembling more than 300 aircraft and supplying after-market components to the...
Speaking about the future of steel recycling, APEAL stresses it has welcomed the European Parliament plenary vote on the Circular Economy Package (CEP). The vote gives a ‘strong mandate’...
Now at 'a record high', imports are said to account for 25% of the EU market and climbed 9% in the second half of 2016. Chinese steel imports 'are being replaced by those from other countries',...
Global crude steel production in January was 7% or almost 9 million tonnes higher than in the corresponding month of last year at 136.514 million tonnes. China accounted for around half of the...
From solid start to state of flux Ferrous scrap prices remained on higher ground in the early weeks of 2017, gaining around US$ 15 per tonne over the levels quoted in our late-November report. But...
Improving demand for capital goods ‘should support activity in most sectors’, with export-oriented segments expected to benefit from strengthening international trade. Total production...
Expectations had been of a ‘very strong’ first quarter in Asia but, instead, softness has afflicted prices of chrome and ferrous scrap. A number of buyers had built their scrap stocks...
China’s steelmaking capacity closures have been ‘more aggressive than anyone may have anticipated’ and have included the move to close all induction furnaces, said to represent an...
There is not yet a standardised process for the recycling of medical items such as surgical steel hip joints and titanium screws, which make it out of the 1000-degree Celsius cremation process...
Chinese production alone increased by approaching 10 million tonnes or 1.2% while India continued its growth of recent years by posting an output gain of 6.6 million tonnes or 7.4%, according to...
Since Recycling International last reported on the nickel and stainless markets in late October, both have climbed to higher levels. In terms of stainless steel scrap, 304 material has advanced from...
Despite the fact that ferrous scrap has registered substantial price gains in the fourth quarter, experts are still claiming that the commodity is significantly under-valued when viewed in relation...
Steel recycling is of the utmost importance to the future of the German steel industry and will play an even more important role in the future as we build towards a circular economy. These are the...
The two-day event will provide a comprehensive market update regarding relevant ferrous and non-ferrous metal recycling issues in India. This is a ‘big opportunity’ for individuals to...
Capacity utilisation among the countries reporting to the World Steel Association (WSA) was 69.6% compared to 68.2% in October last year but 70.2% this September. The overall production increase in...
Traders do not want to sell too early in a rising nickel market while consumers are looking to their inventory levels and incoming orders for the remainder of the year. The price range for 304 scrap...
Its content also includes: crude steel production by country and process; steel production by product; steel trade by product; apparent steel use and apparent steel use per capita by country; and...
In his inaugural speech, Schuy, who is a long-time board member of the German steel scrap recycling Confederation BDSV, outlined the importance of continuing the development of the Brussels-based...
During the course of September, many of the major ferrous scrap buying markets have lowered their order volumes and, to a significant extent, their prices too. Latest cfr price indications for...
Ferrous metal recycling is said to gain 'maximum traction' during the forecast period. The use of scrap in steel production has formed an 'integral part' of the steel making industry, with an...

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