Aluminum Scrap Markets

June 4, 2024
Impressions of the late May BIR meeting in Copenhagen and thoughts on the market
Written by Edward Meir
European Scrap Market Challenges
At the BIR conference last week, our discussions revealed that the European scrap community faces similar issues to the U.S. in that, despite recent price increases, there is limited scrap availability. European manufacturing remains weak, constricting supply; available units are either used domestically or exported. Additionally, U.S. scrap units are flowing into Europe, indicating tight market conditions.


