Blogs
Central Asia Metals’ output dips in Q1
UK-headquartered Central Asia Metals’ copper, lead and zinc output was lower in Q1 FY2021 compared to the prior year with the drop in copper production being more severe than oth
Supporting shredder parts exclusion from tariffs: ISRI
The Institute of Scrap Recycling Industries (ISRI) has supported the exclusion of shredder wear parts from section 301 tariffs in its recently submitted comments to the Office of t
SAIL reports 36pc jump in November sales
Steel Authority of India reported a 36pc rise in sales volume in November 2019 compared to previous year. Government owned, Steel Authority of India Limited (SAIL) sales vol
Supply side pressures growing in China
China lax on overcapacity controls into 2019. China’s Ministry of Industry and Information Technology recently warned that the steel sector is facing illegal capacity f
Global Primary Aluminum Production Remains Flat for September 2019
The September 2019 Global Primary Aluminum Production numbers have remained unchanged from August 2019. With Q3 results being released from all countries except Asia (estimates), p
Excel Recycling shredder license restored
A Superior Court ruling on October 3, 2019, has ordered the license reinstatement of Excel Recycling, located in Freetown Massachusetts. After receiving complaints fro
Softening Prices, Excess Inventory Impact Nucor’s Earnings
A softening market for plate and sheet steel products and excess inventory affected Q3 bottom line of Nucor Corporation. The company announced net earnings of $275mn, or $.90 per s
Scrap exports from Russia can be even less than quota
Russian scrap exporters complain that around 30pc of quota cannot be used. They refer to the fact that some companies, which received quotas, don’t exist anymore or don’t expor
Proposed Kadapa steel plant to receive ore from NMDC
National Mineral Development Corporation (NMDC) will supply iron ore for the proposed steel plant in Kadapa district, Andhra Pradesh. The state expects investments of Rs2 lakh
