March imports of steelmaking raw materials – booked in February – rose 18.7% month on month, US Census Bureau data show, with ferrous scrap, pig iron and direct-reduced iron (DRI) volumes up across the board.
US prices for primary and secondary scrap grades gained as much as $15 and $35 per gross ton respectively in March, when domestic mills entered the busiest production period thus far this year. Mills' capacity utilization rates peaked at 78.7% during the week ended March...
