IAI primary production ticked up in October
Production metrics can gauge whether there are more premium shocks in our future.
Author: gregwittbecker
AMU Explainer: Understanding open interest as a guide to price movements on LME
This AMU Explainer breaks down how LME open interest works and how it can help you interpret shifts in market sentiment and price direction.
Scrap Musings for December
Scrap discounts remain exceptionally wide to the Midwest transaction price. Some seasonal tightness may occur, but still affords rolling mills and extruders excellent earnings potential.