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.
Category: Pulse
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.
Challenges persist in non-ferrous market despite high demand
Non-ferrous recycled metals market faces slow flow despite high demand.
Non-Ferrous Spreads
Aluminum recycled spreads stable amid price increase; copper market braces for summer challenges.
CRU: No overreaction in European premiums after sanctions
An interesting feature of the market since the sanctions were announced has been the large cancellations of warrants in South Korean LME warehouses.
Aboud: Investments key for aluminum sector revitalization
With an annual demand in excess of 25 billion pounds, the U.S. imports nearly 10 billion pounds of primary aluminum from foreign sources. Major exporters to the U.S. have recently seen their trade disrupted or even fully stopped.
Non-ferrous price spreads tighten
Who ever was holding their metal for better prices have let all that metal go.
Key Discussions at the ISRI Conference 2024
Hot Topics at ISRI
Non-ferrous recycled metals spreads
Spreads tightening. Economic outlook is promising.