Aluminum Scrap Markets

September 10, 2024
RMU's August survey shows shift in supply and demand sentiment
Written by Gabriella Vagnini
The survey starts with the simple question: Do you see the scrap market as being in balance now, given supply and demand?
While July’s survey showed 55% saying “no,” August participants seemed to change their tune, shifting to 57% saying “yes,” they do think it’s in balance. Could this be the sign of relief we’ve been waiting for? What makes people feel that in July we were off balance but now things are better? Is it wishful thinking or a solid view?


