Can copper smelters survive shrinking margins?
Smelters may choose to increase their use of secondary materials, including scrap, to mitigate their losses.
Tag: CRU
CRU: Market Update, August 27, 2024
Canada adding to the tariff frenzy against China and China reacts.
LME aluminum rises, with focus on Fed Chair’s speech
LME aluminum price recovers as Chinese imports are still significantly down, despite rise in monthly totals.
Sims signs deal to dispose of UK unit
Sims sells UK metal business to Unimetals to focus on their stronger market locations like the U.S., Australia and New Zealand.
CRU aluminum roundup
SDI rating upgrade, overcoming challenges to make recycled tin containers, and more
Southwire announces major facilities restructuring
The restructuring is part of Southwire's broader strategy to align itself better with market demands and customer needs.
CRU: Alcoa posts profit despite an impairment
The company reported a $197 million charge on closure of the Kwinana alumina refinery in Perth, Western Australia.
CRU: Scrap prices holding steady with both demand and supply down
Supply and demand winding down as weather and holiday disruptions hit major recycled metals markets.
CRU: Glencore, Rusal extend ali contract, Vedanta turns to renewables, and more
What's going on in the primary market?
LME prices surge as Rio Tinto declares force majeure on alumina
Rio Tinto alumina shipments disrupted; Protestors hold up aluminum waste relocation in Thailand.