Source: American Recycler Mechel OAO has launched a modernized steelmaking complex at its Romanian-based subsidiary Ductil Steel Otelu Rosu. Octavian Tunea, Gerhard Fuchs and Igor Zyuzin pressed the launch button for the reconstructed steelmaking complex, which includes a new electric arc furnace with the COSS system with capacity of some 810,000 tons per year, an
Source: American Recycler Updated through second quarter 2011 Scrap metal market watch graph from 1st quarter 2007 to second quarter 2011 Over last quarter, scrap metal prices for crushed auto bodies declined by 3% Over Q2 2010, scrap metal prices for crushed auto bodies rose 29% Over Q2 2009, scrap metal prices for crushed auto
Source: American Recycler Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the United States imported a total of 2,446,000 net tons (NT) of steel in March, including 1,850,000 NT of finished steel (up 33 percent and 29 percent, respectively, from February final data). Finished steel import market share
Source: American Recycler Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 1,777,000 net tons (NT) of steel in February, including 1,371,000 NT of finished steel (down 16 percent and 19 percent, respectively, from January final data). Finished steel import market share in
Source: American Recycler by Mike Breslin Everyone in the recycling industry is aware of the many benefits of recycled steel. It’s less expensive and more environmentally sound than drawing materials from nature, and its recyclability virtually endless. A basic North American oxygen furnace uses anywhere from 25 to 35 percent recycled steel to make new
Few people realize that steel is becoming a popular building material for green buildings. Steel addresses both the challenge of rising oil prices and the need to deal with climate change. It also has high strength-to-weight ratio, making it the first choice for automotive production. In building construction, steel in the form of I-beams for
Source: American Recycler Updated through first quarter 2011 Scrap metal market watch graph from 1st quarter 2007 to first quarter 2011 Over last quarter, scrap metal prices for crushed auto bodies rose 25% Over Q1 2010, scrap metal prices for crushed auto bodies rose 41% Over Q1 2009, scrap metal prices for crushed auto bodies