![Aluminum cans recycled scrap metal](https://recycledmetalsupdate.crugroup.com/wp-content/uploads/sites/5/2024/03/Aluminum-cans-recycled-scrap-metal-300x225.jpg)
DOE to fund up to $934.6M in aluminum, copper decarb projects
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).
The LME aluminum price has overcome an important resistance level at $2,300/mt but it remains to be seen if support can be built above that level.
The international ferrous scrap market may be stabilizing which will likely put pressure on the US domestic market to remain flat or to increase in some areas in April.
Turkish scrap import prices increased for the first time in almost two months.
Ali investments target recycling
The senators said the legislation would reinstate 232 tariffs on Mexican steel imports at 25% for no less than a year
The LME 3-month price is moving higher on the morning of 12 March and was last seen trading at $2,263 /t. The LME has increased by around $30 /t since the start of the week amid a softer dollar in anticipation of US CPI inflation data later today. SHFE aluminium was broadly stable today again. […]
With more EV companies opening in Mexico, what could this mean for the US? And what could this do to our relationship with our largest trading partner?
In a surprising turn, a Rocky Mountain mill resumed its purchasing program at half its normal capacity, signaling potential stabilization in the Texas/Gulf region for the upcoming month.
Non-ferrous scrap spreads remained tight amid ongoing global shipping constraints, raising concerns.