In what was supposed to be an effort on the part of the US President and his administration early last year, to try and balance out trade with China and also to support his so-called America First program, a number of tariffs were established which affected both US...
The Scrap Steel Dilemma As we watch the price of scrap steel being driven down again this month, we really have to wonder how much lower prices could possibly fall. Once the cost of handling, processing and transporting the material becomes greater than its value, it...
Those of you who scrap steel on a regular basis are probably wondering when the alarmingly low steel prices will reach the end of that cycle. Although we wish we had better news, the reality is that it doesn’t appear we will see a significant turnaround for a little...
You might be surprised to learn that steel is the most widely used and most recycled metal on the planet. To give you some idea of the scope, more steel is recycled in the U.S. each year than paper, plastic, aluminum and glass combined. Within our economy, the steel...