Can copper smelters survive shrinking margins?
Smelters may choose to increase their use of secondary materials, including scrap, to mitigate their losses.
Smelters may choose to increase their use of secondary materials, including scrap, to mitigate their losses.
“EAFs are a great technology, and as you incorporate iron making in that for the flat-roll side, that becomes the bridge."
Sims says it is banking on decarbonization efforts and the growth of Electric Arc Furnaces to continue to drive North American demand for scrap.
ADI is coming to the market as early as September to start the big buying season-- the one the UBC market was waiting for before pricing themselves.
As of this writing Monday, Aug. 5, the markets are experiencing upheaval and the jury is out as to when/how all the current turmoil is going to play out.
Market set to explode amid unprecedented supply crunch and rising demand.
The restructuring is part of Southwire's broader strategy to align itself better with market demands and customer needs.
"Metals had a positive reaction in light of this Fed move, but I think it's kind of a one-off."
In the intricate world of base metals trading, one strategy stands out for its simplicity and effectiveness: cash and carry.
Copper Chaos: Market turmoil, JPM's Influence, and the mysterious Comex investigation.