Scrap Metal News
Recycling industry news and updates from global markets
February 16,2026 07:00 AM
After lifting tariffs on steel and aluminium imports to 50 per cent last June, and expanding the levies to goods made from those metals, such as cans, cutlery and bulky appliances, the administration…
February 13,2026 07:00 AM
According to the Bureau of International Recycling (BIR), steel scrap consumption declined in most key regions of the world in January-September 2025, reflecting a shift in the geography of demand. At…
February 10,2026 05:00 AM
American steelmaker Nucor has raised its hot-rolled coil (HRC) prices for the fourth week in a row. According to the company’s regular weekly report, the new spot price for HRC is $975 per short ton,…
February 09,2026 07:00 AM
Global rebar prices at the beginning of 2026 showed mixed dynamics depending on the market. In particular, the European and US markets saw a 2-5% increase in prices, while Turkey and China saw a 0.4-2%…
February 06,2026 06:00 AM
Nippon Steel on Thursday widened its net-loss forecast for the financial year ending in March to 70 billion yen ($446.1 million) due in part to a fire at a blast furnace, after it swung to a loss in the…
February 05,2026 07:00 AM
Nippon Steel on Thursday widened its net-loss forecast for the financial year ending in March to 70 billion yen ($446.1 million) due in part to a fire at a blast furnace, after it swung to a loss in the…
February 04,2026 06:00 AM
The European Union is pushing ahead with plans to stockpile critical materials, with Italy, France and Germany set to take leading roles as the bloc moves to cut reliance on China, four sources with knowledge…
February 02,2026 06:00 AM
Silver has been dubbed the Cinderella of precious metals, spending long periods overlooked before sweeping into the spotlight and disappearing in short order. In a market analysts say is beset by fairy…
January 30,2026 06:00 AM
Chinese steel prices are expected to fluctuate in a narrow range in February, caught between weakening fundamentals in the ferrous market and an improving macroeconomic environment, Mysteel's chief analyst…
January 29,2026 08:00 AM
Copper prices hit a record high of more than $14,000 a metric ton on Thursday, as speculators extended their buying spree, encouraged by expectations of strong demand and supported by a weak dollar and…
January 28,2026 06:00 AM
It's a fairly safe bet to say that China's steel production has passed its peak, after 2025 output dropped to a seven-year low.
January 27,2026 07:00 AM
Nucor's HRC price rose to $965/t, while the market is seeing a gradual recovery in demand and prices. American steel company Nucor has raised its weekly spot price (CSP) for hot-rolled coil (HRC) for…