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Additionally, the price of iron and steel scrap rose by more than 15 percent in the month.
"The price of steel scrap has gone up, driven by the fact that we've had strong import demand from China."
His father ran a steel scrap and iron business.
He started by making a toy dump truck out of steel scraps for his son Buddy.
Prices of stainless steel scrap, an alternative raw material source, have also climbed.
Nationwide, 19 million tons of steel scrap were exported in 1989, the latest year for which figures are available.
Albert picked out some steel scrap and started up the forge and went to work.
Several items were reported by association members to have fallen in price, including aluminum, steel scrap, sulfur and nickel.
The four of them manhandled the steel scrap into a corner of a small warehouse.
The steel industry in North America has been recycling steel scrap for more than 150 years.
Reduce need for coke in recycling steel scrap.
Furthermore, as auto production shuts down in the summer, there are less stampings available, a large source of steel scrap.
Traders pointed to rising steel scrap prices as one reason for the market to expect a near-term tightening by the Fed.
These bunkers hold charcoal and steel scrap.
First, steel scrap is melted in an Electric Arc Furnace.
Commodity prices, which soared in 1994, have fallen this year for a wide range of products from iron and steel scrap to cattle hides.
Thus, the recent rise in the price of steel scrap and lesser increases for such items as aluminum and lead were not necessarily worrisome.
On the other hand, coal posted its biggest decline since March 1975, while the prices of iron and steel scrap fell for the fourth straight month.
Gerdau's core business is to transform steel scrap and iron ore into steel products.
They included a variety of chemical products, as well as aluminum, copper, nickel, steel scrap, fuel oil and peanuts.
Welders removing part of the roof inadvertently dropped hot steel scraps down an elevator shaft, where debris caught fire.
Furnace heat, make steel scrap bubble!"
Removable stainless steel scrap screen.
The BOS vessel is one-fifth filled with steel scrap.
Steel scrap prices, reportedly one of Mr. Greenspan's favorite inflation guages, are soaring.