ScrapMonster – News

ScrapMonster – News

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Scrap/recycling markets affecting metal supply

Fire Breaks Out on Ship Carrying 1,000 Tonnes of Scrap Metal
NewsApr 27, 2026

Fire Breaks Out on Ship Carrying 1,000 Tonnes of Scrap Metal

A fire broke out on the cargo vessel Nord Houston while it was docked at Newport Docks, carrying roughly 1,000 tonnes of scrap metal. Fire crews from South Wales Fire and Rescue arrived around 05:40 BST and managed to contain...

By ScrapMonster – News
Russia’s Scrap Sector Grapples with Export Ban Concerns, Demand Changes
NewsApr 7, 2026

Russia’s Scrap Sector Grapples with Export Ban Concerns, Demand Changes

Russia’s scrap metal industry is embroiled in a debate over a proposed export ban, with officials warning it could curb competition and lift domestic prices. At the same time, leading steel producers such as Magnitogorsk and Severstal are sharply reducing...

By ScrapMonster – News
US Scrap Markets Respond to Middle East Aluminum Supply Disruption
NewsMar 24, 2026

US Scrap Markets Respond to Middle East Aluminum Supply Disruption

U.S. aluminum scrap markets are feeling the ripple effects of a supply disruption in the Middle East, where cheap energy fuels large‑scale smelting. The interruption of primary aluminum shipments has driven U.S. manufacturers to lean heavily on recycled content, spiking...

By ScrapMonster – News
New Jersey Tightens Scrap Yard Safety Rules Amid Rising Concerns
NewsMar 18, 2026

New Jersey Tightens Scrap Yard Safety Rules Amid Rising Concerns

The New Jersey Assembly Environment and Solid Waste Committee approved bills A2401 and A2406 to tighten safety standards for scrap metal facilities. The legislation mandates remotely operated fire suppression systems, heat detection technology, limits on scrap pile heights, and places...

By ScrapMonster – News
Global Ferrous Scrap Markets Post Mixed Trends in Feb 2026
NewsMar 10, 2026

Global Ferrous Scrap Markets Post Mixed Trends in Feb 2026

February 2026 saw a split in global ferrous scrap pricing, with Europe and China posting modest gains while the United States and Turkey experienced declines. Turkish HMS 1&2 (80:20) slipped 0.6% to $373.1 per tonne, and U.S. East Coast HMS...

By ScrapMonster – News
Scrap Metal Sector Calls for Broader Changes as Price-Fixing Probe Highlights Fault Lines
NewsFeb 26, 2026

Scrap Metal Sector Calls for Broader Changes as Price-Fixing Probe Highlights Fault Lines

South Africa’s Competition Commission has raided four scrap‑metal firms amid a price‑fixing investigation, prompting the Metals Recyclers Association (MRA) to call for a full, independent inquiry into the sector’s policy framework. The MRA argues that the Price Preference System, export...

By ScrapMonster – News
Poland's Ferrous Scrap Exports Fall; Ukraine Imports Hit Record
NewsFeb 24, 2026

Poland's Ferrous Scrap Exports Fall; Ukraine Imports Hit Record

Poland’s ferrous scrap exports to non‑EU markets slipped 8.6% in 2025, falling to 1.204 million tonnes after three years of growth. Shipments to India, Pakistan and Morocco dropped sharply, while volumes to Turkey rose 2.4% and exports to the United States...

By ScrapMonster – News
Ghana Aims 30% Steel Import Cut, $300M Scrap Export Boost
NewsFeb 23, 2026

Ghana Aims 30% Steel Import Cut, $300M Scrap Export Boost

Ghana's Ministry of Trade announced a plan to slash steel imports by 30% within the next few years. The strategy hinges on expanding domestic steel‑making capacity to 1.2 million tonnes per year. Simultaneously, the government aims to generate $300 million in revenue...

By ScrapMonster – News
BIR World Mirror: Scrap Supply Tightness Boosts Steel Prices
NewsFeb 16, 2026

BIR World Mirror: Scrap Supply Tightness Boosts Steel Prices

Global scrap shortages are tightening supply and lifting steel prices worldwide. In Japan, recycled‑steel prices have risen sharply as domestic scrap generation slows and the yen continues to depreciate. The combination of limited scrap flow and currency effects is pressuring...

By ScrapMonster – News
BIR World Mirror: Scrap Supply Tightness Boosts Steel Prices
NewsFeb 16, 2026

BIR World Mirror: Scrap Supply Tightness Boosts Steel Prices

The Bureau of International Recycling’s World Mirror report shows U.S. recycled‑steel prices rising as winter storms forced yard closures, tightening obsolete scrap inflows and bolstering export demand. Japan’s prices also firmed amid weak scrap generation and a depreciating yen. In...

By ScrapMonster – News
Scrap Exports From Ukraine Amounted to 9.3 Thousand Tons in January
NewsFeb 13, 2026

Scrap Exports From Ukraine Amounted to 9.3 Thousand Tons in January

Ukraine exported 9.3 thousand tons of scrap metal in January, a modest baseline for the year. By 2025, total scrap exports surged 53 percent compared with 2024, reaching 448,680 tons. The rapid increase reflects heightened demand from steel producers in...

By ScrapMonster – News