Scrap Metal News
For the majority of the world's major economies, including China, the Association significantly revised downward its 2024 steel demand projection.
In 2023, the area recorded a decline in domestic aluminum demand.
The final vote results of the special shareholder meeting will be reported in a Form 8-K filing with the U.S. Securities and Exchange Commission (SEC).
Dunworth presently holds the positions of president and chief executive officer for SMS group's Americas division.
Of the respondents who have ever made an investment in gold, 13% had sold all or part of their holdings by the start of 2023.
The program's objective is to create materials that are compatible with recycling streams and naturally biodegradable.
After the project is successfully finished, JSW Steel wants to liquefy the carbon dioxide that was captured and sell it in the area.
The fast expanding FMCG sector, particularly in developing nations, is the primary driver of market expansion.
In the meantime, net sales for the quarter came in at $539.1 million, down $21.7 million from the previous quarter.
BMO Capital Markets acted as financial adviser for the transaction, whereas Goodmans LLP acted as legal adviser.
This involves multiple stages starting from collection to sorting, shredding, melting and refining as well as casting and rolling.
Also, the weekly production of crude steel decreased nominally by 1.6% from the week before.
The EU region exported 17.67 million tons of ferrous scrap in 2023, recording an increase of 5% from 2022.
According to the deal, Nippon Steel would record a combined loss of almost $1.55 billion when it sold ArcelorMittal a 50% interest for $1.