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.
Recent events, such as the Francis Scott Key Bridge collapse, have caused disruptions in supply chains.
Spreads were widening towards the end of March but looks to be slight retreat to start the April.
Spreads aren't improving. Supply shortage persists.
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
Trends, transitions, and eco-friendly initiatives
Non-Ferrous Scrap Metal Market Review
While the rest of the industry grapples with turmoil and plummeting prices, non-ferrous scrap spreads appear to remain unaffected, at least for the time being.
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.
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.