Aluminum market faces mixed signals
Why buying the dip may not make sense right now.
Why buying the dip may not make sense right now.
Are export prices driving domestic ferrous scrap markets, or is it just industry speculation?
Strong upward momentum predicted for the ferrous scrap market, despite quiet export and political tensions.
Once was a stable trade environment, aluminum has now become one of the most complicated commodities traded. And it's not getting any better.
Watching markets alone isn't enough anymore; now we have to dive into the macro level!
Will the recent labor contract deal help stabilize recycled metals amidst rising export pressures?
With prices surging amid global uncertainties and renewed Turkish demand, it hints at a potential shift for the months ahead.
The Chinese government announced it will start programs to support its construction and steel industries.
There may be some new suppliers in the alternative iron sector which could mitigate the potential supply crunch.
Is the scrap market finally finding balance? Industry insights reveal a surprising shift.