Challenges persist in non-ferrous market despite high demand
Non-ferrous recycled metals market faces slow flow despite high demand.
Non-ferrous recycled metals market faces slow flow despite high demand.
RMU anticipates participating, connecting with fellow attendees, and absorbing insights from over 150 speakers.
“Without question, current conditions in the scrap markets remain challenging,” Tamara Lundgren, chairman and CEO, said.
Recent events, such as the Francis Scott Key Bridge collapse, have caused disruptions in supply chains.
Spreads were widening towards the end of March but looks to be slight retreat to start the April.
For April, a majority of respondents said they expect ferrous scrap prices to rise.
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).