jobs report

BENLEE’s Weekly Commodity, Scrap Metal and Economic Report: 5/11/26

U.S. raw steel production rose to 1.856 million tons this week. That is up 1.4% from last week and up 6.2% year to date. The 50% tariff protection continues to support domestic output. The economy is growing slowly but the tariff floor remains solid.

Oil Falls But...

Oil Tops $111, the Dow Surges 1,300 Points & Jobs Surprise to the Upside: Recycling & Scrap Metal Report — April 6, 2026

U.S. raw steel production bounced back this week to 1.803 million tons — up 1.2% from last week and up 5% year to date. The 50% tariff protection continues to hold domestic output firm even as the broader economy expands at a modest pace.

Oil Crosses $111 — A Near 4-Year...