Teekay Tankers is undervalued, trading near scrap value, despite a fleet with 10 years of operational life and strong free cash flow. The company has a solid financial position with no debt and $462.9 ...

Scrap prices are absolutely nuts! These are days when the police have to weld the manhole covers down tight—but not to protect against terrorism—It’s because they are worth over $200.00 per ton at the ...

An as-yet unknown buyer has bought a 27-year-old handysize bulk carrier from Wickwar Shipping at nearly double its scrap ...

Benchmark recycled steel grades gained from $2 to $5 per ton in value in August, but all remain below the $400 per ton threshold. Although one scrap processor characterizes the export market as “a ...

The price of mild steel (MS) rod has inched up in recent months, supported by seasonal construction demand and a rebound in international scrap steel prices since December.