UPDATED- Recycled aluminum prices at risk of volatility and US mining industry faces talent squeeze
Aluminum market rattled and US mines face a harsh reality
Author: adamdurrant
Non-ferrous recycled spreads remain tight, exports competitive
Overselling and underdelivering?
Wage growth slows amid talks of Fed rate cut
April jobs report signals wage growth slowdown, fed rate cut talks emerge.
Final Thoughts: Bullish indicators for scrap
Steel scrap prices under pressure
ICSG revises 2024 copper forecast
Production growth had been forecasted at 3.7% by the group in October 2023.
Net income up for Century Aluminum, progress on US projects
The Chicago-headquartered company said net income reached $247 million in the quarter ended March 31, up from $30 million in the previous quarter.
Mexico's aluminum tariffs shake up market dynamics
The move has particularly impacted over 90% of Mexico's P1020 imports, with countries like India, South Africa, Russia, and Argentina bearing the brunt.
RMU Survey: Prices for ferrous, non-ferrous unlikely to fall soon
On the ferrous side, about two-thirds of the respondents indicated ferrous scrap prices would remain stable, while one-quarter thought they would rise in May.
Navigating narrowing non-ferrous spreads
Concerns about securing aluminum and copper scrap supply amidst expanding global recycling capacity
Exploring copper market dynamics: Insights from industry expert Edward Meir
The global copper market is still tight due to situations like the shut down of First Quantum’s Cobre Panama mine, taking production off the market.