Cargoes of shredded and heavy melting steel (HMS) scrap leaving the port of New Orleans began rising in price in late September. From Sept. 21 to Oct. 20, mills in the United States South paid $10 to ...

For Chinese scrap metal recyclers, the months-long decline in prices has meant painful losses on the books. (Sound_bite) Lai Xiangkuai, general manager, scrap steel recycler: "Our industry is ...

Owning a scrap metal recycling business is like having your company traded publicly the day it opens for business. Metals are commodities and the price fluctuates on a supply and demand basis ...