Recycled metal export bans: Different rationales in different markets
As calls to restrict scrap exports grow louder, the real question is whether heavy-handed policy can outdo the market's own price signals.
Tag: Export
Nemak cuts a leading role: Monclova site exiting the cast?
A Nemak plant is on its way out as global automaking reshapes what type of demand matters.
The fallout from the unprecedented movement in Midwest Premiums
Reductions in Canadian supply is on factor in Midwest physical supply, and it will only get worse as we move forward.
U.S. opens circumvention case into Chinese foil containers after AFCMA flags rerouting
After a major industry complaint, the U.S. is investigating whether Chinese foil containers are just relabeled detours.
What copper's scrap crisis signals for aluminum
We’re already seeing similar themes on the aluminum side: export bottlenecks, tariff fallout, domestic oversupply, and pricing dislocation.
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.
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.
Container bookings and prices surge
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 downside of the US-China tariff rollback: Container lines’ price hikes
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
The U.S.-UK trade deal opens doors
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.