Posts tagged as:

scrap

What to make of Anshan’s investment in the USA – Mk II

June 22, 2010

In late May, I posted an article here called “What to Make of Anshan’s investment in the USA”. It was in reference to the investment by Chinese steelmaker Anshan in John Correnti’s Steel Development Company. The point of my piece was to explore why Anshan might do such a thing. The only real sense I [...]

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Where to get European scrap price data

January 19, 2009

A Nerds of Steel reader in Australia wrote recently to ask where to find Turkish scrap prices. As we’re always trying to accelerate readers research and reduce their costs, I am following up with information on good sources of European scrap prices. Subscribers to Steel Business Briefing and Metal Bulletin can find European scrap prices [...]

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Scrap or Pig – Iron is Iron

June 18, 2008

It used to be the case that minimills (scrap buyers) and integrated mills (iron ore buyers) had very different cost structures. Integrated steel producers’ costs were relatively fixed because iron ore and coking coal were sold on an annual contract basis and did not change much year to year. Scrap prices on the other hand, [...]

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Vertical integration into scrap – lessons from iron ore

March 26, 2008

There has been a recent flurry of steel producer acquisitions of scrap processors (SDI-Omnisource,  Nucor- DJ Joseph, DJ Joseph-MRS, Galamba) and persistent rumors that others are circling targets. By my calculations steel producers now control about 40% of the US ferrous scrap industry. They controlled less than half that only a few years ago. If [...]

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Scrap supply from Russia to decline further

January 23, 2008

This is a very interesting presentation from Russian mining & metallurgical company Metalloinvest from September 2007. It provides some good data on Russian steel output through 2015 along with changing raw material use and sources as the Russian economy and particularly the steelmaking portion expand. This is especially important as the withdrawal of Russian scrap supply from [...]

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DJ Joseph Scrap Recap

January 7, 2008

DJ Joseph puts together a handy summary every month of various data related to ferrous scrap and steel. You can find it on the company’s website under the menu “Industry” and option Scrap Recap. They have monthly data going back to 1997.

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Scrap consumption calculations

December 13, 2007

This file – Scrap use Calculations - is a little old, but it’s from the Steel Recycling Institute and offers one way of calculating both scrap use and recycled content in steelmaking by both EAF and BOF routes. There are good explanations of scrap terms particularly home, prompt etc.  

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Steel Dynamics Omnisource acquisition

October 8, 2007

Here are the Steel Dynamics files relating to the Omnisource scrap processor acquisition. There’s a PDF file: SDI-Omnisource and there’s an audio file from the conference call on October 2, 2007. It’s a full hour: SDI’s OMNISOURCE Acquisition Podcast

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