• Something old, something new Mar 24, 2015

    Although the price differential between used and new equipment is as much as 50 percent or more, some scrap companies still prefer to buy new, even with current market conditions, while others are happy to grab the savings.

  • The well-dressed scrapyard Mar 24, 2015

    What equipment should a yard operator be looking at to remain competitive and efficient? The emphasis often is on operational efficiency and value-added sorting, and one comprehensive, flexible approach could be to outline what the yard would look like if it were started from scratch.

  • Dance between primes, frag moves market factors Mar 01, 2015

    The differential between prime grades and shredded scrap in early 2015 stood at about $20 per ton, a larger gap than last summer and one of the largest recently, despite the gap closing somewhat in February.

  • Despite Nucor's problems, producers are still bullish Mar 01, 2015

    The big news in direct-reduced iron (DRI) production right now is coming from Nucor Corp.’s closely watched facility in St. James Parish, La., which could turn a profit by the end of 2015 after suffering an operating loss of $135 million last year, according to the company’s top executive.

  • DRI consumption in US will continue to grow, analysts say Mar 01, 2015

    The combination of cheap iron ore and natural gas makes direct-reduced iron (DRI) a logical solution for steelmakers to reduce overall melting costs.

  • DRI continues to become a more attractive alternative Mar 01, 2015

    Until recently, the most widely used scrap substitute in North America was pig iron, imported primarily from Brazil and Russia. Direct-reduced iron (DRI) also was a viable substitute, but its use in the United States was somewhat limited because the product is best reduced in natural gas furnaces.

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