Category: Aluminum Scrap Markets

Matalco recorded its highest quarterly recycled aluminum production since the Canton closure began, while Rio Tinto's primary output held nearly steady and US shipments decreased.

Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.

Aluminum Dynamics will invest more than $200 million in a Mississippi recycled slab center that establishes the permanent location for a project Steel Dynamics relocated from Arizona.

The first half of 2026 has been turbulent for the aluminum market, with the Iran war sparking the largest supply shock in the history of the industry, CRU Group said.

Toyota's $3.6 billion San Antonio expansion will shift Tacoma production from Baja California, Mexico to Texas as USMCA talks continue.

We saw lower moves in base metals. Aluminum prices retreated by about 6.3% last week, shadowing crude lower on rising perceptions of easing metal outflows.

ENKEI America will permanently close its Jacksonville, Florida, aluminum wheel manufacturing facility, ending operations at a site with aluminum melting, remelting, casting and machining assets.

June survey responses showed scrap market participants becoming more cautious on premiums, scrap availability and exports, while downstream demand indicators remained comparatively firmer.

AMU's June survey showed weaker demand, fewer extending lead times and less inventory building, though respondents largely stopped short of forecasting an oversupplied market.

The increase in estimated earnings in the US is mostly associated with nonferrous metal recycling, mainly copper and aluminum.