Market Update: Copper rallied, leadership changes, green innovations
Trends, transitions, and eco-friendly initiatives
Trends, transitions, and eco-friendly initiatives
Spreads remain unchanged as concerns about the shortage of supply persist within the scrap community.
The flatbed market for spot rates is showing signs of improvement as we move through the new year.
Which direction is the market moving?
A joint venture that plans to produce for the automotive and general extrusion industries.
The senators said the legislation would reinstate 232 tariffs on Mexican steel imports at 25% for no less than a year
Is the ferrous scrap market potentially signaling an industry recession?
US ferrous scrap prices fell steeply in March for HMS, shredded, and prime scrap, sources told SMU. “The March ferrous market was considerably softer due in general to better-than-expected inflows in February, less demand from US mills thanks to falling finished steel prices, and less demand from lackluster markets overseas,” one scrap source said. The […]
Non-Ferrous Scrap Metal Market Review
The LME 3-month price is moving higher on the morning of 12 March and was last seen trading at $2,263 /t. The LME has increased by around $30 /t since the start of the week amid a softer dollar in anticipation of US CPI inflation data later today. SHFE aluminium was broadly stable today again. […]