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 ...

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 ...

RMDAS figures for April show a decline in heavy melting steel pricing; market may be poised for May reversal. Steel mills in the U.S. have been paying more than $600 per ton for ferrous scrap, ...

ILWAUKEE - At a scrap yard on Milwaukee's south side, a young man known as a "metal peddler" unloaded a faded green Oldsmobile filled with so much junk that its rusted bumper nearly dragged on the ...