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
Glencore takes stake in South Carolina aluminum recycling project with Alumicore
Glencore's acquisition of a 45% stake in a South Carolina recycling facility alongside Alumicore marks a shift from marketing rights to equity in US scrap-fed aluminum operations.
What Toyota’s $1B US investment could mean for aluminum
Toyota's Kentucky and Indiana investments point to a localized, scrap-based aluminum supply chain tied to engine production.
GM Saginaw investment targets V-8 tooling; plant capacity and throughput examined
GM's $150M Saginaw investment targets V-8 tooling, with plant data outlining capacity, utilization and aluminum input structure.
March survey aluminum market chatter
Survey responses show demand at a reduced level, with buying ahead, tightening supply, and limited imports shaping market activity.
Aluminum Extruders Council annual meeting highlights
Extruders flagged mounting Gulf supply risks, tight US inventories, and a shift toward scrap-driven billet economics.
