AMU Survey: Scrap demand rebounds in August
Recycler demand rebounded in August as obsolete scrap availability narrowed, inventory drawdowns persisted and forward oversupply expectations disappeared.
Recycler demand rebounded in August as obsolete scrap availability narrowed, inventory drawdowns persisted and forward oversupply expectations disappeared.
August survey results showed stronger demand alongside shorter measured lead times, while imports became more competitive and forward expectations moved toward balance.
Aluminum prices recovered after the July 9 checkpoint, but financial and exchange indicators didn’t move uniformly.
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Ball posted higher second-quarter North and Central America can sales and low-single-digit shipment growth, but startup costs and a tight network kept segment earnings from rising.
Recent earnings show stronger shipments in specific rolled products than extrusions, but changing automotive programs, billet supply disruptions and trade flows complicate broader market conclusions.
AMU’s July survey found recyclers expecting lower Midwest Premium and UBC prices while demand softened, inventories declined and forward views remained mixed.
AMU’s July survey showed selective lead-time pressure in sheet and billet while transportation-focused respondents expressed stronger concern about future supply.
Government data show first-half automotive production remained concentrated in light trucks, while passenger car output, inventories and import flows followed a different path.