Scrap Metal News
Recycling industry news and updates from global markets
October 23,2025 06:00 AM
In late September and October, the global hot rolled coil (HRC) market showed opposite trends in key regions. European prices went up on the back of expected stronger trade protection, while the US remained…
October 22,2025 08:00 AM
China’s State Administration for Market Regulation (SAMR) expects the domestic power battery recycling market to exceed CNY 100 billion ($14.04 billion) in 2030, Kallanish learns.
October 21,2025 06:00 AM
Canada has proposed removing tariffs on certain steel and aluminum products imported from the US and China, Reuters reports, citing a government document published late last week.
October 13,2025 05:00 AM
The average price of OCTG pipes on North America FOB terms in September stood at $2,191 per ton. Market participants are currently observing unfavorable conditions in the oil industry. During the same…
October 10,2025 12:00 PM
The specific deals that Canada is negotiating with the U.S. in key sectors such as steel, aluminum and autos are likely to persist even if the United States-Canada-Mexico trade deal is reviewed next year,…
October 08,2025 05:00 AM
The overall situation on the global square billet market remained largely stable with a negative trend in September. In the second ten days of the month, prices practically stabilized and sentiment improved…
October 07,2025 06:00 AM
Britain said it was seeking urgent clarification on steel import quotas announced by the European Commission on Tuesday, with Prime Minister Keir Starmer saying his government was in talks with the bloc…
October 06,2025 12:00 PM
Gold prices surged to record highs above $3,900 per ounce on Monday on expectations of further U.S. rate cuts, and as investors fleeing economic and political uncertainty piled into the safe-haven precious…
October 01,2025 07:00 AM
Nucor, the largest steel producer in the US, announced a $60 per short ton increase in prices for thick-gauge rolled steel with the opening of its November order book. This was stated in a letter to customers…
September 30,2025 06:04 AM
Billet prices in Tangshan city in North China's Hebei Province decline during September 22-28, with Mysteel assessing Q235 150mm square billet price in the city lower by Yuan 90/tonne ($13/t) on week…
September 29,2025 08:00 AM
Nippon Steel said Thursday that it will invest some $300 million in two United States Steel plants as part of the Japanese company's $11 billion commitment to the U.S. steelmaker.
September 26,2025 07:00 AM
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,864,000 net tons (NT) of steel in August 2025, including 1,402,000…