Non-ferrous recycled metals spreads
Spreads tightening. Economic outlook is promising.
Tag: #2 Copper
Non-ferrous scrap spreads remain unchanged
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.
Ore-based metallics prices rose slightly outside of the EUtitle
Pig iron prices rose m/m in all major regions aside from Europe on improved buying. Demand in the US remains robust while market participants report that availability of Brazilian material increased after tightening a month prior. Meanwhile, Ukrainian export capacity increased due to greater access to temporary sea corridors. In the CIS, pig iron prices […]