CRU: European scrap prices weaken in July
The summer lull is a key factor but not the only one…
Tag: LME
CRU: Midwest premium unchanged this week; aluminum emissions stay flat as production grows, and more
Several factors, including overall tightness in scrap supply, continues to create bullish momentum on Midwest premium.
"A game changer." LME to add emissions data tracking for aluminum ahead of EU policy
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."
CRU: Buying frenzy for LME aluminum slows as warehouses see further large inflows
The recycled aluminum market braces itself for price drops as LME aluminum inflows flood the warehouses causing a surplus in primary
CRU: LME aluminum price breaks two-thirds of 2023 downward trend
According to the latest Commitments of Traders Report published Tuesday and covering positions up to April 5, the net long position by investment funds increased significantly to 56,200 lots.
Non-Ferrous Spreads
Spreads were widening towards the end of March but looks to be slight retreat to start the April.