Impressions of the late May BIR meeting in Copenhagen and thoughts on the market
Scrap price split amid global market tensions.
Tag: Supply
Non-ferrous frenzy fades
To understand this (short) week, we have to look at what happened last week
Johnson: Turkish steel scrap takes a spotlight
Game-Changer in Metals: Turkish steel scrap futures set to dominate ferrous scrap trading.
Mexico's aluminum tariffs shake up market dynamics
The move has particularly impacted over 90% of Mexico's P1020 imports, with countries like India, South Africa, Russia, and Argentina bearing the brunt.
Supply chain disruptions and interest rate predictions shake markets
Recent events, such as the Francis Scott Key Bridge collapse, have caused disruptions in supply chains.
RMU survey: Ferrous scrap prices seen flattening in April, while non-ferrous scrap prices are on the rise
For April, a majority of respondents said they expect ferrous scrap prices to rise.
Sideway spreads with a side of supply shortage
Spreads aren't improving. Supply shortage persists.
DOE to fund up to $934.6M in aluminum, copper decarb projects
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).
Non-Ferrous Scrap Spreads
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
Secondary billet facility eyed for Ohio region
A joint venture that plans to produce for the automotive and general extrusion industries.