About this document
Global Ferrous Scrap Market Insights by Nidhi Agarwal is a document available to read on EtoBox.
The document discusses the current state of global ferrous scrap markets. It notes that steel production, scrap consumption, and new scrap generation have all declined significantly due to the economic downturn. This has impacted recycling industries through job losses, plant closures, and squeezed margins. While some recovery is seen in parts of the EU, the situation remains difficult especially in the US and overall steel production is expected to be down 246 million tons for 2009 compared to 2008. Additi
- Author
- Nidhi Agarwal
- Language
- EN