Biden calls for tripling of Chinese steel and aluminum tariffs
The current average levy is 7.5%.
Market: Trade
CRU: No overreaction in European premiums after sanctions
An interesting feature of the market since the sanctions were announced has been the large cancellations of warrants in South Korean LME warehouses.
CRU: DRI/HBI will need to play a significant role in global steel industry decarbonization
increasing scrap usage in steelmaking – will play a significant role in reducing emissions from steel production globally, but CRU does not see this as a panacea for the decarbonization of the steel industry.
CRU: LME aluminum consolidates gains after news of sanctions
The European Aluminium urges the EU to take comparable actions.
Key Discussions at the ISRI Conference 2024
Hot Topics at ISRI
CRU: LME aluminum price breaks two-thirds of 2023 downward trend
According to the latest Commitments of Traders Report published Tuesday and covering positions up to April 5, the net long position by investment funds increased significantly to 56,200 lots.
Final Thoughts: A non-ferrous supply slump drags on
Non-ferrous recycled metals supply slump continues, but for how long? And ferrous recycled metals forecast to be cloudy for May.
Miller on Ferrous: The most underappreciated grade
With intriguing spreads between regions and a potential to curb price surges, #1 HMS might just be the unsung hero of the industry's future.
Non-ferrous recycled metals spreads
Spreads tightening. Economic outlook is promising.
Peterson: Unraveling the enigma of April's scrap market dynamics
April's scrap market defies expectations with unexpected trends and surprising stability.