
RMU October survey: Insights from industry voices
Domestic demand is seen as decreasing, with 60% of participants marking a downturn, particularly within ferrous scrap.
Domestic demand is seen as decreasing, with 60% of participants marking a downturn, particularly within ferrous scrap.
Recycled aluminum isn’t a possible alternative resource, it’s now at the heart of the metal's economy.
September is historically an active contract execution month; but this year the market paused amid uncertainty.
“Owners and developers continued to prime the planning queue in August, ahead of next year’s anticipated stronger market conditions."
Hopes for stabilization or even a slight recovery is fading as more players expect further declines in September.
How logistics and global demand are shaping the metal scrap industry in 2024
Supply tightens as steel giant sounds the alarm: What's next for the metals market?
Funds press the reset button as the industrial sector underperforms. Meanwhile, the non-ferrous recycled metals market sits on the sidelines.
Flatbed spot rates are still down 26% from their Q2 2022 peak. Have we found a bottom? Could rates go lower?
Wednesday afternoon, the Fed is scheduled to hold a news conference outlining its latest policy.