RMU survey results for June 2024: key trends and challenges ahead
The recycled metals market is navigating through a phase of oversupply as per survey responses, with stable but cautious demand.
Category: Aluminum Scrap Markets
Oversupply and cautious demand in non-ferrous recycled metals market, revealed in RMU Sentiment Survey
Survey highlights key trends and challenges in the non-ferrous scrap market.
US copper scrap boosts China's edge amid surging prices and shortages
The Copper Paradox: How U.S. scrap exports propel China's manufacturing dominance amid global shortages.
Aluminum market update: Stability amidst broader movements
Aluminum prices hold steady amid new industry partnerships and Investments.
Final thoughts: Ferrous market stagnates, EV shifts in other direction and tariff talks loom
The ferrous market faces a summer slowdown with scrap demand weaking, while EV shifts and potential tariff impacts loom large.
Kaiser Aluminum to shutter Texas facility
Kaiser Aluminum said it does not anticipate closures at its other manufacturing sites.
Navigating the shifting EV landscape, fears rise from recent auto ownership study
Study of EV owners reveals implications for the recycled metals industry.
Fed holds rates, metals markets largely hold steady
"Metals had a positive reaction in light of this Fed move, but I think it's kind of a one-off."
Ahead of the Fed: Watching this week's economic data
Wednesday afternoon, the Fed is scheduled to hold a news conference outlining its latest policy.
Cash and carry trade in base metals: What it is and what it means for the recycled metals community
In the intricate world of base metals trading, one strategy stands out for its simplicity and effectiveness: cash and carry.