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Turkish steel mills step back from deep-sea scrap imports amid weak sales. The Turkish steel producers remained largely silent in the deep-sea scrap import markets at the end of the week due to poor finished steel sales, market participants told Fastmarkets on Friday December 3. The steel mills in the country have only booked two deep-sea ...
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We're an industry leader in the engineering and fabrication of steel mill scrap charging buckets, a crucial component in steel production. We were recently contracted by a Midwestern steel mill to design and build multiple 3,860 ft3 steel mill furnace scrap charging buckets along with pallet carriers. The buckets required overall dimensions of ...
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Moreover, the destination of processed Scottish steel scrap is mis-reported as going to blast furnace steel mills in Turkey. In reality, the vast majority is shipped to the short-sea market steel mills in continental Europe, predominately Spain. Most of these steel mills operate with electric arc furnaces (EAFs), most with renewable energy grids.
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Turkish mills unable to book steel scrap amid sluggish long steel sales. The Turkish deep-sea scrap import market remained silent on Wednesday December 15 due to weak demand for finished long steel, sources told Fastmarkets. The most recent deep-sea deals were booked at the end of last week by two mills in the Marmara region.
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South Korea: Mills' scrap consumption expected to rise to 30% in coming years. Scrap demand of South Korean steel mills is expected to increase to 30% to around 7 million tonnes (mn t) in the years to come, as per a SteelDaily report.
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We work directly with all of our customers to establish a scrap management program that will maximize your return and align it with the needs of your business. Millbridge has relationships with processors, mills, and haulers nationwide. Call us today for a transparent and hassle-free evaluation and price quote for your scrap metal.
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Getting your scrap to the mill. We have the capacity to service ferrous and non-ferrous scrap producers all over North America. No matter where you are, we will be there. We separate different valued scrap materials, such as steel from aluminum, to increase your revenue. Whether you need dump hoppers or trucks to transport your scrap, we will ...
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Moreover, the destination of processed Scottish steel scrap is mis-reported as going to blast furnace steel mills in Turkey. In reality, the vast majority is shipped to the short-sea market steel mills in continental Europe, predominately Spain. Most of these steel mills operate with electric arc furnaces (EAFs), most with renewable energy grids.
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Mill Prepared Steel Scrap Email Forum NEWS GROUP: CLICK HERE TO JOIN FORUM. If you are active in the Mill Prepared Steel Scrap Industry, add your name to the E-mail group to receive current news, views, etc.. ( you must have a valid email address to participate in the email forum )
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For mills, scrap is important because recycled stainless steel contains valuable raw elements including chromium, nickel and molybdenum that are gathered, processed and reused in the production process. The more scrap used in furnaces by mills, the less raw materials are required in the production process. Stainless steel mills
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The new mills make steel by melting scrap or processed iron in electric furnaces, a production process that now accounts for about 70% of the steel made in the US. It is a low-cost process with fewer carbon emissions than making steel from iron ore. Melted in a coal-heated blast furnace. But the process is putting more pressure on the US junk ...
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DAILY STEEL SCRAP: Mills looking to sell more rebar before booking scrap Turkish deep-sea scrap import prices edged up on Tuesday after firm offers from the Baltic Sea region, although many mills were looking to achieve further rebar sales in the export and domestic markets before purchasing more scrap, sources said on March 30.
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Weakening lira, limited steel demand keep Turkish mills away from deep-sea scrap market Turkish steel producers continued to stay away from the deep-sea scrap market on Tuesday December 14, due to weak finished long steel sales in both the domestic and export markets, sources told Fastmarkets.
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Bangladeshi mills hold off from scrap bookings. Nov 11, 2021 | 09:24 AM | London, Singapore | Lee Allen, Paul Lim. You might notice something different here. As we continue our evolution, our data and market news is now available through the Fastmarkets platform. and a trial of this website is no longer available.
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The Purchasing of Iron & Steel Scrap is handled by the Scrap Procurement Department and can be contacted at 662-244-6744. 2. Prices are quoted for each commodity primarily at the beginning of each month. Steel Dynamics reserves the right to cancel any and all unfulfilled contracts on the last day of the calendar month at 5:00 P.M. CST.
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Turkish steel mills silent in deep-sea scrap markets. Turkish steel producers were mostly quiet in the deep-sea scrap import markets after transactions at lower prices earlier in the week, market participants said on Thursday December 30.
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Turkish mills extend absence from deep-sea steel scrap market. The Turkish steel mills have extended their silence in the deep-sea steel scrap import markets amid the traditional slowdown for year-end holidays, market sources told Fastmarkets on Tuesday January 4. Only two deep-sea transactions have been concluded in the past week.
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South Korea: Mills' scrap consumption expected to rise to 30% in coming years Scrap demand of South Korean steel mills is expected to increase to 30% to around 7 million tonnes (mn t) in the years to come, as per a SteelDaily report.
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"No single steel mill could meet Scotland's needs because different mills produce different types of steel product." A representative from ZWS told MRW: "As made clear in our report, our analysis is based on UK-wide data, which is the best and only data set currently available relating to scrap steel management in Scotland.
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