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... 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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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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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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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...
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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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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...
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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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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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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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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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