Traxys teams up with Pure Aluminum, Consortium Metals to boost US recycled aluminum production
The partnership could reshape how recycled aluminum is processed and delivered to customers across the United States.
Tag: Trading
Court of International Trade sets limits on extrusion duty appeals
The ruling might not be the last word – but it’s a signal on where future cases my land.
Understanding aluminum imports: What are your options?
On February 11, 2025, President Trump slammed the door on aluminum imports with a sweeping 25% tariff, eliminating all previous country exemptions. No more breaks for Canada, Mexico, or the EU, if aluminum is coming into the U.S., it’s getting taxed. Period. This move is a game-changer for manufacturers, processors, and buyers who rely on […]
Week in review- Tariffs take center stage
Tariff talks What that means for Midwest premiums (MWP) Unintended consequences: Who fills the supply gap? The EU might ban Russian aluminum UBC prices are squeezing mills Good turnout, but a market looking for direction Economics & pricing flows Short-term tightening in spreads and inflationary pressures suggest an environment of increasing cost sensitivity and continued […]
Can trade ties survive tariffs?
On January 10th, a newly formed Canada-U.S. Trade Council was formed. It is meant to smooth over growing trade tensions, inspired by the tariff threat, but skepticism is already running high. A service center I spoke with dismissed the council outright, saying, “The bios are heavy on politicians, which means little will be accomplished.” It’s […]
The big bad backwardation – How the future’s spread will affect you
Some of you might be scratching your heads, wondering why you should even care about future’s spreads when you’re doing deals back-to-back. Well, hang tight, and I’ll break it down for you in plain terms. What happened to the Mar-April aluminum spread on the LME? The spread between March and April went into a backwardation, […]
Cash and carry trade in base metals: What it is and what it means for the recycled metals community
In the intricate world of base metals trading, one strategy stands out for its simplicity and effectiveness: cash and carry.
Aluminum recycler Novelis hits pause on plan to raise nearly $1 billion in IPO
The titan in aluminum recycling cited market conditions as it backed off its public offering
Aluminum recycler Novelis to raise $945 million in IPO
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
Korean firm buys Kataman Metals for $55 million
Kataman Metals globally trades about 300,000 tons of copper, aluminum, iron, and other scrap raw materials annually.