Benchmark recycled steel grades in November have remained within $3 per ton of their October price, according to the tracking ...

Steel prices, which had been on an upward trajectory since the COVID-19 pandemic, started softening late in the third quarter of 2021 as steel supply increased and lead times shortened. Ferrous scrap ...

Steel companies have been squeezed by an almost 100 percent increase in ferrous scrap prices during the past 12 months, and their bottom lines are showing the pressure. The Chicago composite price for ...

The Institute for Scrap Recycling Industries said nationwide, about 78 yards have closed in the past year, including some that had multiple yards owned by one company. The industry group said that ...

Stabilized pricing on a broad range of structural steel products points to a much less frenzied market in the months ahead after a first-half marked by soaring prices and tight supply. The sharp price ...

TimkenSteel's pre-2021 losses were due to it operating below its breakeven level. It has changed its cost structure to bring down the breakeven level to below its shipment tonnage. But its past 2 ...

The price of scrap steel in the United States last week declined to about $270 per ton. That is down from a peak of more than $300 a ton on the spot market last month, according to industry officials.

U.S. steel prices have fallen by more than 15% since late-April highs. The drop is likely due to a drop in demand from the U.S. manufacturing sector. Infrastructure spending could add price support ...