Aluminum Scrap Markets
19 March 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
Teamsters gain foothold at Real Alloys
Real Alloy’s Morgantown plant voted to join Teamsters Local 89. Time will tell whether this will prove unsettling to this operation, given the Teamster's history with the company.
Recyclers aren’t on the menu; they have a seat at the table
ReMA's Spotlight on Aluminum highlighted a litany of pressure points shaping the industry, with a particular emphasis on the aluminum scrap frontier.
Recycled metal exports bans – An idea that masks the problem
Domestic increases in mill capacity and a struggling recycling rate, amid China's relaxed UBC scrap import policy, fail to make the case for banning US exports.
Aluminum Association’s White Paper examines supply
Not surprising, the major challenge to either restarting or building primary capacity pivots around finding affordably priced energy.
What Superior’s lost wheel contract says about regional sourcing
While Michigan-based Superior did not name the “large North American OEM customer”, the scale suggests a major Detroit-based automaker.