Scrap Prices North America Philip Hoffman

March ferrous scrap market: Trends and turmoil

As I see it, the market looked to be a perfect storm for consumers this month while two large steel mills tried to put a floor on hot-rolled coil (HRC). One source speculated that “flat rolled mills coordinated their downtime and will take out 250,000 tons of capacity in April,” which made them attempt to put a bottom on flat-rolled product […]

Scrap Prices North America Philip Hoffman

Hoffman on scrap: The March outlook

The news in the West was that a mill in the Rocky Mountain region made a significant reduction in their usual purchase program, while still another small mill in the region also apparently reduced their buying program for February […]

ISRI isri.org

Institute of Scrap Recycling Industries
Hoffman Iron is proud to be a member of the Trade and Government Relations committees within the Institute of Scrap Recycling Industries (ISRI).