Exploring copper market dynamics: Insights from industry expert Edward Meir
The global copper market is still tight due to situations like the shut down of First Quantum’s Cobre Panama mine, taking production off the market.
The global copper market is still tight due to situations like the shut down of First Quantum’s Cobre Panama mine, taking production off the market.
Spreads tightening. Economic outlook is promising.
Kataman Metals globally trades about 300,000 tons of copper, aluminum, iron, and other scrap raw materials annually.
Spreads aren't improving. Supply shortage persists.
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
Trends, transitions, and eco-friendly initiatives
Spreads remain unchanged as concerns about the shortage of supply persist within the scrap community.
Non-Ferrous Scrap Metal Market Review
While the rest of the industry grapples with turmoil and plummeting prices, non-ferrous scrap spreads appear to remain unaffected, at least for the time being.