
Non-Ferrous Scrap Spreads
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
The international ferrous scrap market may be stabilizing which will likely put pressure on the US domestic market to remain flat or to increase in some areas in April.
Spreads remain unchanged as concerns about the shortage of supply persist within the scrap community.
Non-Ferrous Scrap Metal Market Review
While the rest of the industry grapples with turmoil and plummeting prices, non-ferrous scrap spreads appear to remain unaffected, at least for the time being.
Here's a look at price spreads for aluminum scrap and copper scrap from the start of March. Copper scrap spreads remained flat, while aluminum scrap exhibited some widening.
Non-ferrous scrap spreads remained tight amid ongoing global shipping constraints, raising concerns.
While the sale of aluminum scrap is declining, there's a surge in demand from consumers.