CRU: Buying frenzy for LME aluminum slows as warehouses see further large inflows
The recycled aluminum market braces itself for price drops as LME aluminum inflows flood the warehouses causing a surplus in primary
Section: News
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
Final Thoughts: Summer supply crunch has ferrous sentiment faltering as non-ferrous copper soars
Market dynamics unleash fury: Ferrous fades as non-ferrous copper roars.
Aurubis AG: Revving up for mega maintenance shutdown in Hamburg; European and US expansion
Aurubis prepares for largest shut down in their history and where are they expanding to?
Dodge Momentum Index rebounds on surge of data center planning
The index had been flat for much of the second half of last year. It then steadily began falling, hitting a two-year low in March, before bouncing back in April.
Ferrous market shapes up with Detroit buy
After a considerable wait, the market for ferrous scrap for May shipment has started to form.
CRU: Turkish scrap import prices were stable as import activity slowed
Scrap import activity slowed last week as Turkish mills have completed their recent restocking activity
Non-ferrous recycled spreads remain tight, exports competitive
Overselling and underdelivering?
Wage growth slows amid talks of Fed rate cut
April jobs report signals wage growth slowdown, fed rate cut talks emerge.
Final Thoughts: Bullish indicators for scrap
Steel scrap prices under pressure