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Artist's impression of Kuusakoski's ferrous scrap recycling plant to be built in Veitsiluoto near Kemi, Finland

Kuusakoski to boost steelscrap processing capacity 25 per cent by 2025

Artist's impression of Kuusakoski's ferrous scrap recycling plant to be built in Veitsiluoto near Kemi, Finland
24 March 2023
|
Ann Kühlers
|
~ 3 min
... Green Steel plant is likewise to be located across the Gulf in Boden, Sweden. The steel scrap processing [...] its ferrous scrap processing capacity by 25 per cent with a new 150,000 tonne per year steel recycling [...] site's operations will cover the entire ferrous scrap processing chain from pre-treatment to crushing ...
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Ferrous scrab being loaded at a port.

Brisk export business lifts German ferrous scrap prices higher again in March

Ferrous scrab being loaded at a port.
22 March 2023
|
Christoph Schmidt
|
~ 4 min
In March, ferrous scrap prices in Germany rose for the third month in a row. The main driver of the upward price trend was high demand from Turkish mills, which are stocking up on scrap in advance of the planned rebuilding efforts...
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Pile of aluminium scrap

Non-ferrous scrap metal prices slide again

Pile of aluminium scrap
20 March 2023
|
Tom Wilfer
|
~ 1 min
After rising at the start of last week, copper prices on the London Metal Exchange fell significantly. Reflecting the metal exchange price signal, wholesale scrap metal prices receded again as well. According to the news service...
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crane grab claw nears a pile of scrap metal

German ferrous scrap prices rise again in February after short-lived earthquake disruption

crane grab claw nears a pile of scrap metal
27 February 2023
|
Christoph Schmidt
|
~ 5 min
German steel and ferrous scrap markets remain mired in a great deal of uncertainty. Along with economic and geopolitical flashpoints, the market was quite literally rocked by the disastrous earthquakes that struck Turkey and Syria...
... more
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Mountain of scrap metal on outdoor area with gripping arms of cranes, in the background blue sky with clouds

Sims H1 2022/23 performance "resilient" in slowing economy

Mountain of scrap metal on outdoor area with gripping arms of cranes, in the background blue sky with clouds
15 February 2023
|
Ann Kühlers
|
~ 6 min
Metals recycler Sims Ltd saw both revenues and earnings fall in the first half of its 2022/23 financial year, pulled lower by inflationary pressures and narrowing margins. Group CEO Alistair Field said, "Sims delivered a resilient...
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image divided into four fields showing different non-ferrous scrap metals

Non-ferrous scrap metal prices point lower in Germany

image divided into four fields showing different non-ferrous scrap metals
13 February 2023
|
Tom Wilfer
|
~ 1 min
The copper price on the London Metal Exchange fell again last week. Accordingly, copper scrap prices slid again. According to the news service MBI, the wholesale buying-in price for the copper scrap yielded by €20 per 100...
... more
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Container with stainless steel turnings

TSR bundles stainless steelscrap activities

Container with stainless steel turnings
06 February 2023
|
Christoph Schmidt
|
~ 2 min
German scrap recycling firm TSR plans to start marketing stainless steel scrap directly to end customers via a new subsidiary. The firm TSR Stainless GmbH was founded in summer 2022 to bundle TSR’s activities in the stainless...
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Claw crab of a materials handler in front of a heap of obsolete scrap stored in a yard.

Demand rebounds on Germany steelscrap market and prices rise at start of year

Claw crab of a materials handler in front of a heap of obsolete scrap stored in a yard.
23 January 2023
|
Christoph Schmidt
|
~ 4 min
During the final months of 2022, demand for ferrous scrap from German steel mills was extremely weak. At the beginning of the new year, however, many mills are no longer reluctant to buy scrap and are signalling a rebound in...
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Molten steel being poured from a ladle

Liberty Steel UK to curtail EAF production, turn to steel imports

Molten steel being poured from a ladle
19 January 2023
|
Ann Kühlers
|
~ 2 min
The Liberty Steel group is taking a step back from its British scrap-based steel production activities "in the face of the UK steel industry’s severe competitiveness issues". At the end of last week, the company said that...
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Arcelor-Mittal to acquire Polish metals recycler Zlomex

03 January 2023
|
Stefan Lang
|
~ 2 min
The steel group Arcelor-Mittal will take over another European recycler. The company announced an agreement to acquire the Polish scrap metal recycling business Zakład Przerobu Złomu (Złomex) at the end of December. Subject to...
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