25
Oct
19:12
Schnitzer: China, environmental concerns drive scrap
Scrap pricing should remain strongly underpinned by Chinese demand and environmental concerns, Kallanish understands from US metals' recycler Schnitzer Steel.
Schnitzer ceo Tamara Lundgren told analysts that the seasonal softening of export scrap prices from their August high of $350/short ton is not representative of a long-term trend. She was speaking during the company’s fiscal fourth quarter earnings conference call.
“Scrap has remain…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous