Scrap Metal News
Recycling industry news and updates from global markets
June 17,2026 06:00 AM
Billet prices in Tangshan in North China's Hebei province witnessed a mild gain during June 8-14, with Mysteel assessing the price of Q235 150mm square billet in the city at Yuan 3,040/tonne ($450/t)…
June 16,2026 05:00 AM
Tokyo Steel, a leading Japanese electric arc furnace steel producer, has raised its prices for hot-rolled coil (HRC) for July sales by 2,000 yen per tonne ($12/t) compared with the previous month.
June 15,2026 06:00 AM
Global prices for hot-rolled coils showed mixed trends in May. In the European market, average monthly offers fell by 2–4%, whilst in China and the US there was a slight increase of 3–4%.
June 12,2026 06:00 AM
The international credit rating agency Fitch Ratings has revised its short-term forecasts for mining commodity prices upwards. The short-term forecast for iron ore prices in 2026 has been raised to $100/t…
June 11,2026 05:00 AM
Baoshan Iron & Steel (Baosteel), a subsidiary of the world’s leading steel producer China Baowu Steel Group, has kept prices for most flat steel products, including hot-rolled coil (HRC), unchanged for…
June 10,2026 12:00 PM
Prices of carbon steel billets in China are expected to ease slightly this month, mainly under pressure from subdued demand in the summer lull and fading cost support from raw materials prices, according…
June 09,2026 05:00 AM
The US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short tonne compared to the previous week. This is stated in the company’s letter to customers dated…
June 05,2026 06:00 AM
After rising steadily for nearly a month, Chinese steel prices began heading south in mid-May and are expected to remain under downward pressure in June, weighed by a mismatch between domestic steel supply…
June 04,2026 04:00 AM
By 2026, global excess steel production capacity will reach 745 million tons. This is according to a new report by the Organization for Economic Cooperation and Development (OECD) – OECD Steel Outlook…
June 02,2026 06:00 AM
U.S. steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short ton compared to the previous week. This was announced in a letter the company sent to its customers…
June 01,2026 07:00 AM
Prices continued to rise across all regional slab markets in May, with increases mostly ranging from $5 to $20 per ton. The reference export price for Brazilian slabs fell by $5 in May – to $600/t (FOB).…
May 29,2026 05:00 AM
The American Iron and Steel Institute (AISI) has reported that the U.S. imported 1.87 million net tons (NT) of steel in April 2026, including 1.38 million NT of finished steel, based on preliminary Census…