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    Globally Speaking

    Aug 25, 2016

    AMM's Globally Speaking provides essential information for procurement executives, scrap traders and other participants along the steel supply chain who deal with China, Turkey and other Asian countries. It includes international prices for a range of products such as billets, rebar, hot-rolled coil and plate. More »

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    Feds quietly pursuing ‘scrapgate’ operatives

    Aug 25, 2016

    Three years to the week since federal authorities pulled the trigger on a series of raids targeting Chicago-area scrapyards and headquarter offices, the government is still engaged in a multi-layered quest to prosecute alleged tax evaders. More »

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    Scrap probe picks up steam

    Aug 25, 2016

    The U.S. Department of Justice (DOJ) has picked up the pace in an investigation into alleged misdeeds in the Midwest recycling market, filing six new felony cases this month. More »

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    Auto OEMs cool on 7000-series aluminum

    Aug 25, 2016

    Some aluminum alloy producers are reporting a lack of interest from automotive original equipment manufacturers (OEMs) in 7000-series alloys due to reported workability and recycling issues. More »

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    Soaring hot-rolled imports to pressure US tags

    Aug 25, 2016

    Soaring hot-rolled sheet imports are expected to put pressure on domestic prices, according to market sources. More »

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    ATI idles Rowley, ‘consolidates’ Albany ops

    Aug 25, 2016

    Allegheny Technologies Inc. (ATI) will indefinitely idle its Rowley, Utah, titanium sponge production facility by the end of the year and will consolidate certain “higher-cost” titanium hot-working operations in Albany, Ore., the company said. More »

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    Depressed scrap prices crimp Sims volumes

    Aug 25, 2016

    Sims Metal Management Ltd. dipped into the red in statutory terms in its recently ended fiscal year, due in part to sales volumes that were materially impacted by reduced flows and depressed scrap selling prices. More »

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    Rod prices edge lower on cheap deals

    Aug 25, 2016

    Domestic wire rod prices have fallen to as low as $25 per hundredweight ($500 per ton) in certain cases as mills seek sales volumes, according to market participants. More »

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    US Army needs lighter vehicles with more armor

    Aug 25, 2016

    The U.S. Army is keen to introduce lightweighting measures to its next-generation fighting vehicles to make them easier to airlift and to provide capacity for more pounds of armor, a military spokesman said Aug. 24. More »

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    Aluminum premium flat amid subdued demand

    Aug 25, 2016

    The Midwest aluminum premium remains flat amid a “comatose” spot market, with many market participants saying that a recovery in the premium is unlikely even when the summer slowdown ends. More »

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    Weldbend, Boltex seek delay in flange case

    Aug 25, 2016

    Weldbend Corp. and Boltex Mfg. Co. LP have asked the U.S. Commerce Department to postpone its preliminary countervailing duty determination for Indian finished carbon steel flanges. More »

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    Soft demand, Comex drop weigh on copper scrap

    Aug 25, 2016

    A sharp drop in Comex prices paired with softer demand pushed some copper and brass scrap tags lower, while mixed concerns over scrap flow as well as volatility in the terminal markets sent some market participants to the sidelines. More »

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    Recycler scrutinized for e-waste practices

    Aug 25, 2016

    A recycler is under scrutiny by the New York State Department of Environmental Conservation (DEC) for alleged improper handling of e-waste. More »

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