Articles by topic » Steel scrap

Ferrous scrap correction driven by exports and material scarcity

25.11.2019 − In an about-face that caught everyone by surprise, German ferrous scrap merchants saw their prices rebound in November. The bounce came after ferrous scrap prices had been more or less in free fall in September and...» more

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German steel scrap prices continue plunge on weak demand from mills

22.10.2019 − The downward slide in steel scrap prices in Germany continued unchecked in October. For the second month in a row, scrap traders were forced to accept major price cuts. The sinking prices were due to the ongoing slump...» more

German steel scrap market hits the brakes

24.09.2019 − No one could call the recent downturn in the ferrous scrap market unexpected. For quite some time, all signs had pointed to a coming market contraction. However, the vehemence of the drop in steel mill demand in...» more

Falling scrap prices trigger Sims Metal Management earnings warning

17.09.2019 − The US-Australian scrap metals giant Sims Metal Management revised its earnings forecast downward early this week . It was now predicting that its results for the first half of its 2020 financial year will be...» more