Aluminum Scrap Markets
March 19, 2024
Non-Ferrous Scrap Spreads
Spreads remain fairly unchanged as concerns about the shortage of supply persist within the scrap community.
Latest in Aluminum Scrap Markets
Novelis award highlights broader challenge of recycling automotive aluminum back into sheet
Novelis’ award-winning recycled automotive sheet illustrates a broader industry challenge: returning end-of-life vehicle aluminum scrap back into high-grade sheet production.
What stranded Persian Gulf shipments mean for the US market
These producers are not rookies. They understand how to manage the long supply chains from the Gulf into the US.
Pace expands plant closures, removing die-casting capacity from US network
Pace Industries plans to close two die-casting plants in Muskegon, Michigan, following the news of the planned closure of its Harrison, Arkansas plant, further reducing its US casting footprint.
UPDATE: Novelis restarts casting operations at Greensboro plant after March 1 explosion
Novelis has restarted casting operations at its Greensboro, Georgia, recycling facility after a March 1 explosion temporarily halted production.
What could rebalance the US scrap market?
Cheap aluminum scrap has not triggered widespread buying due to saturated demand, chemistry limits, and limited processing capacity.
