Category: Scrap Processors

Which direction is the market moving?

A joint venture that plans to produce for the automotive and general extrusion industries.

Is the ferrous scrap market potentially signaling an industry recession?

Non-Ferrous Scrap Metal Market Review

In a surprising turn, a Rocky Mountain mill resumed its purchasing program at half its normal capacity, signaling potential stabilization in the Texas/Gulf region for the upcoming month.

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.

Even though it’s the fifth of the month, there have been no confirmed purchases by domestic steelmakers.  Rumors are circulating about how low prices will drop.  Most of the scrap community is forecasting a $50/gt drop for #1 busheling, with shredded and P&S at perhaps $40/gt. 

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.

Aluminum Roundup: IAI reports aluminum industry greenhouse gas emissions declined in 2022