Steel falling short on US scrap usage: Danjczek

Apr 09, 2014 | 05:40 PM | Rey Mashayekhi

Tags  steel, scrap metal, Steel Manufacturers Association, Thomas A. Danjczek, Institute for Scrap Recycling Industries, ISRI, OmniSource, Rich Brady direct-reduced iron

LAS VEGAS — The U.S. steel industry does "not satisfy" the domestic scrap metal market, former Steel Manufacturers Association president Thomas A. Danjczek said at the Institute for Scrap Recycling Industries’ annual convention in Las Vegas, noting a "significant amount of (steel) imports that could be replaced" by domestic production.

While "the North American steel market has shown real resiliency" in recent years, the industry "ought to use more scrap here," Danjczek said in the "Spotlight on Ferrous" panel. He noted the "importance of self-sufficiency" within the domestic steel industry and cited "real benefits" of increased steel production for steelmakers and the scrap industry.....

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