AMU Survey: Scrap availability rebounds as logistics costs rise

The aluminum scrap market showed signs of stabilization in AMU’s May survey results after respondents spent March and April signaling tighter scrap availability and rising UBC price expectations.

Survey respondents overwhelmingly said enough obsolete scrap existed to meet demand in May, even as expectations for freight and container costs moved higher and views on the direction of the Midwest premium remained relatively firm.

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.