Predicting the ferrous scrap market’s next move
While it is next to impossible to accurately predict the scrap market’s next move, there are a host of indicators that can make it easier to turn the odds in your favor. Understanding factors that drive the scrap market and paying close attention to numerous cues are essential for all prognosticator wannabes.
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Risk worth taking: Despite challenges, players see opportunities to grow outside of a US market dominated by consolidation and vertical integration.
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New galvanizing lines for automotive steel are a far cry from older commercial lines, which were built largely as an afterthought in steel plants.
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At AMM, we’re going to be full of stars in the coming weeks as we induct the newest members of our Steel Hall of Fame and present awards for excellence to industry leaders in aluminum and steel. In this issue, we profile the latest Steel Hall of Fame inductees, as well as the finalists for our aluminum and steel awards.