Global steel, pig iron supply snags boost ferrous scrap demand: Schnitzer

Global steel and pig iron supply chain disruptions are boosting ferrous scrap demand, Schnitzer Steel CEO Tamara Lundgren said April 6. Lundgren said demand and pricing for recycled ferrous metals have been particularly supported since supplies of semifinished steel and alternative metal raw material units have been cut off from the Black Sea region due to Russia’s military invasion of…

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