LME aluminum continues to show resilience against a firmer US dollar
The LME aluminum price has overcome an important resistance level at $2,300/mt but it remains to be seen if support can be built above that level.
Section: News
Non-Ferrous Scrap Spreads
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
Hoffman: Asian FE Scrap price bottom?
The international ferrous scrap market may be stabilizing which will likely put pressure on the US domestic market to remain flat or to increase in some areas in April.
Miller on scrap: Market deals with ferrous scrap dive
Will prices continue downward in April? Where is the pig iron market heading? How are the steel mills operating?
Cliffs plans to replace Middletown BF with DRI, EMF plant
The plans are being made possible by a grant of up to $500 million from the Department of Energy’s Industrial Demonstrations Program.
Turkish scrap import prices inch upwards as Lira strengthens
Turkish scrap import prices increased for the first time in almost two months.
CRU: Aluminum investments continue to center around remelt and scrap
Ali investments target recycling
Brazilian pig iron prices rise as US buyers face limited supply options
Prices for pig iron in Brazil have increased despite efforts by U.S.-based buyers to lower them. It has been confirmed that a U.S. buyer has purchased a 55,000 MT cargo, presumably for May shipment, at $430/MT FOB South Brazil.
VW workers in Tennessee file petition to join UAW
This marks the first non-union auto plant to file for a union election among those where workers have been attempting to organize in recent months, UAW said
Final Thoughts: scrap community copes with large drop
Insights, Skepticism, and predictions from industry insiders.