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Nucor Corporation disclosed consolidated net earnings of $323.0 million, or $1.00 per diluted share, for the second quarter of 2017.

China notified the World Trade Organization (WTO) of its intent to ban the import of certain scrap materials by year end. Among the items included on the list are most scrap plastics (“including polymers of ethylene, styrene, vinyl chloride and PET…”), mixed paper and slags and drosses.

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of June totaled 3,502,000 net tons (NT).

The Institute of Scrap Recycling Industries (ISRI) recently updated the Scrap Specifications Circular to include the board-approved new nonferrous specifications, a slight modification to a paper specification, and the deletion of certain expired paper specifications.

The American Iron and Steel Institute (AISI) reported that for the month of May 2017, U.S. steel mills shipped 7,660,969 net tons, a 3.1 percent increase from the 7,428,080 net tons shipped in the previous month, April 2017, and nearly unchanged from the 7,661,979 net tons shipped in May 2016. Shipments year-to-date in 2017 are 37,722,240 net tons, a 3.3 percent increase vs. 2016 shipments of 36,509,450 net tons for 5 months.