
UBC scrap spreads: A market caught between a thaw and a simmer
While spreads in the 66-67% range offer relief from the 82-83% squeeze seen earlier this year, they’re resting on a delicate equilibrium.
While spreads in the 66-67% range offer relief from the 82-83% squeeze seen earlier this year, they’re resting on a delicate equilibrium.
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.
Average bookings for the seven days ended on May 14th skyrocketed, which could cause bottlenecks, as containers getting stripped and shipped from the Los Angeles/Long Beach ports
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
The new trade deal between the U.S. and the United Kingdom (UK) is being called historic, and for good reason. It gives American producers better access to UK markets and puts a hard quota on British car exports. But for metals and recycling, the bigger story may be the creation of what officials are calling a new union for steel and aluminum.
CRU just took a red pen to its global economic forecast and they didn’t hold back. They’re calling this the biggest monthly downgrade since the pandemic, and tariffs are at the center of it.
In the U.S., nearly half of the aluminum supply is already coming from recycled material.
Behind every aluminum part swap is a deeper question: is it about innovation or just staying one step ahead of trade rules and sourcing roadblocks?
Maybe it’s a thought exercise for a strategic sourcing manager or maybe it could be a very real supply chain hurdle.
Global trade partners hit back hard, targeting US aluminum, autos, and more.