Recent increase in global scrap steel prices

The prices for steel scrap have ticked up slightly recently, but this follows a year of lower than average prices.

Toronto, Ontario — March 9, 2016 — Good news for automotive recyclers: there’s been an unexpected upturn in ferrous scrap prices recently. A number of experts have weighed in on whether the price bump will last. The price increase is quite recent and follows numbers in January that showed a decline in world steel production. […]