Final Thoughts: Bullish indicators for scrap
Steel scrap prices under pressure
Steel scrap prices under pressure
The Chicago-headquartered company said net income reached $247 million in the quarter ended March 31, up from $30 million in the previous quarter.
The move has particularly impacted over 90% of Mexico's P1020 imports, with countries like India, South Africa, Russia, and Argentina bearing the brunt.
Concerns about securing aluminum and copper scrap supply amidst expanding global recycling capacity
Non-ferrous recycled metals market faces slow flow despite high demand.
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Spreads tightening. Economic outlook is promising.
Kataman Metals globally trades about 300,000 tons of copper, aluminum, iron, and other scrap raw materials annually.
Recent events, such as the Francis Scott Key Bridge collapse, have caused disruptions in supply chains.
Spreads aren't improving. Supply shortage persists.