AMU Survey: Aluminum scrap outlook turns toward oversupply

The aluminum scrap outlook changed sharply from August as recycler forward expectations swung toward oversupply. Inventory drawdowns became much less common, obsolete scrap availability increased and export demand lost its improving responses. Current demand also became less positive, although Midwest premium and UBC expectations remained concentrated around stable or higher prices.

Current recycler demand gives back part of August’s rebound

Nicholas Bell

Nicholas brings over half a decade of experience covering metals markets, pricing trends, and supply chain dynamics. Prior to joining AMU, he reported on aluminum, high-temperature scrap, and ferro-alloy markets at Argus Media, with additional coverage of minor metals and rare earths. His work has built deep expertise in North American metals pricing and trade flows. A native of Houston, Nicholas holds a bachelor’s degree in Media Production and an MBA with a concentration in Finance, both from the University of Houston.

Current recycler demand gives back part of August’s rebound

Nicholas Bell

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August saw scrap demand rebound, trade and tariffs, and more