Final Thoughts: What just happened and where to go from here?
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
To understand this (short) week, we have to look at what happened last week
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."
The copper market: The good, the bad, the ugly
Aluminum market rattled and US mines face a harsh reality
Overselling and underdelivering?
Steel scrap prices under pressure
The Chicago-headquartered company said net income reached $247 million in the quarter ended March 31, up from $30 million in the previous quarter.
The move has particularly impacted over 90% of Mexico's P1020 imports, with countries like India, South Africa, Russia, and Argentina bearing the brunt.