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New steelmaking capacity unlikely to depress prices

Flat-rolled steelmakers have more than 13 million short tons of new production capacity planned or under construction in the United States, but analysts do not foresee a glut depressing the market significantly in 2022 ....

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New EAF capacity to pressure US HRC prices, raise 2022 scrap demand | Hellenic Shipping News Worldwide

US hot-rolled coil prices hit a historic high in 2021 amid tight availability, but new capacity coming online in 2022 and in the years following is expected to drive prices further down from the peak, industry analysts told S&P Global Platts. “For 2022 and 2023 there is going to be a lot of steel added . ....

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Plenty at play in '22 for US ferrous scrap

Plenty at play in '22 for US ferrous scrap
fastmarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fastmarkets.com Daily Mail and Mail on Sunday newspapers.

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