30
Mar
01:00
Some scrap merchants to close on oversupply, industry may consolidate: Irepas
The scrap supply chain continues to suffer from overcapacity, with some merchants predicted to shut down because they operate unprofitable sites. Scrap collectors may have to consolidate for a sustainable future. This was the conclusion of the raw material suppliers committee at last week’s Paris meeting of the International Rebar Producers and Exporters Association (Irepas).
Scrap supply in the US domestic market has been curtailed by “harsh&rdq…
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Anonymous
Very good overview of the weekly steel market.
Anonymous