A prediction for the April ferrous market? It's too early to tell
Which direction is the market moving?
Which direction is the market moving?
A joint venture that plans to produce for the automotive and general extrusion industries.
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
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.
Monthly SRU survey finds near-term ferrous prices could fall
Here's a look at price spreads for aluminum scrap and copper scrap from the start of March. Copper scrap spreads remained flat, while aluminum scrap exhibited some widening.
Non-ferrous scrap spreads remained tight amid ongoing global shipping constraints, raising concerns.
While the sale of aluminum scrap is declining, there's a surge in demand from consumers.