Decarbonisation efforts are now being ramped up across the globe, and as countries begin to implement new export restrictions to meet their key net zero goals, ferrous scrap is rapidly becoming a ...

Thanks to representations from the metals recycling industry with the assistance of BIR, the Indian government had agreed to relax import control procedures applied to U.S. and European ferrous scrap, ...

Basic Oxygen Furnace (BOF)—The updated replacement of the traditional open-hearth furnace, the BOF refines molten iron mixed with steel scrap in a process that can take place in less than one hour.

LONDON--(BUSINESS WIRE)--The new scrap metal recycling market research from Technavio indicates positive growth in the short term as the business impact of COVID-19 spreads. Get detailed insights on ...

Cleveland-Cliffs Inc. (NYSE: CLF) is entering the scrap business through an acquisition. The steel producer and iron ore miner on Monday morning, Oct. 11, announced it has agreed to buy Detroit-based ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Steel making giant Cleveland-Cliffs Inc. is entering the ...

In its latest move to take a stake in each step of the steel life cycle, Cleveland-Cliffs, Inc., has entered the steel scrap business. The vertically integrated steel firm announced October 11 it had ...

From January 1 to December 31, 2026, the Russian government has set a quota of 2.2 million tons for the export of ferrous scrap and waste outside the Eurasian Economic Union. The corresponding decree ...

Rebar: Construction Steel Demand Suppressed by Weather, Prices Expected to Continue Fluctuating ...

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) announced today that it has successfully completed the acquisition of Ferrous Processing and Trading Company, including certain related ...

Cleveland-Cliffs Inc. said Monday it is entering the scrap metal business with the acquisition of Ferrous Processing and Trading Company (FPT) in a deal with an enterprise value of about $775 million.