SMU: Biden boosts tariffs on Chinese imports, steel and aluminum hit hard
White House Unleashes Trade Blitz Against China: Steel, Aluminum Tariffs Soar Amidst Growing Tensions
White House Unleashes Trade Blitz Against China: Steel, Aluminum Tariffs Soar Amidst Growing Tensions
Market dynamics unleash fury: Ferrous fades as non-ferrous copper roars.
Aurubis prepares for largest shut down in their history and where are they expanding to?
After a considerable wait, the market for ferrous scrap for May shipment has started to form.
Scrap import activity slowed last week as Turkish mills have completed their recent restocking activity
Overselling and underdelivering?
April jobs report signals wage growth slowdown, fed rate cut talks emerge.
Steel scrap prices under pressure
It is clear that steel mill order books are not what they were hoping for in May, and they probably are not going to strengthen in June.
Production growth had been forecasted at 3.7% by the group in October 2023.