Final Thoughts: What just happened and where to go from here?
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.
Category: Market
Hoffman: Growing EAF, BOF capacity in Asia means big changes for recycled ferrous
Both EAF and BOF capacity is expected to grow by at least 17 million tons in the Asia Pacific region, excluding India, through early 2027.
Aluminum recycler Novelis to raise $945 million in IPO
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
Price: Vietnam should not become a release valve for pressure on China
Graduating Vietnam to market economy status would be factually incorrect, geopolitically naïve, and harmful to U.S. producers.
Ferrous Recycled Metals: Could we be looking at a weakness in June prices?
What's the ferrous scrap market outlook for June?
Non-ferrous frenzy fades
To understand this (short) week, we have to look at what happened last week
"A game changer." LME to add emissions data tracking for aluminum ahead of EU policy
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."
LME prices surge as Rio Tinto declares force majeure on alumina
Rio Tinto alumina shipments disrupted; Protestors hold up aluminum waste relocation in Thailand.
Final Thoughts: Will China tariffs have desired effect?
These new tariffs may help our steel industry to keep prices at elevated levels, whether deserved or not. But what effect will it have for the recycled metals community?
Copper market rollercoaster: Is the ride over?
Copper Chaos: Market turmoil, JPM's Influence, and the mysterious Comex investigation.