CRU: Market Update, August 27, 2024
Canada adding to the tariff frenzy against China and China reacts.
Tag: nonferrous
CRU- Aluminum market updates
LME aluminum hits spreads tighten, and Comstock expands into aluminum recycling.
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.
Contract season is on the horizon
ADI is coming to the market as early as September to start the big buying season-- the one the UBC market was waiting for before pricing themselves.
Bringing together two family-owned businesses
Gary Chandler will be the new head of the merged entities.
Johnson: For those hoarding copper, this is why we hedge
To hedge or not to hedge, that is the question.
Ferrous prices may have hit bottom, while aluminum sends mixed signals
A look at the last week and what lies ahead.
Exclusive Forecast: How market movements and geopolitics impact the recycled metals industry
Markets rebound in July on lower rates and dollar.
Radius Recycling earnings take hit as metals face headwinds
Radius Recycling posted a net loss of $199 million in the third quarter, citing costs related to “challenging market conditions for recycled metals” over the past year.
Recycled metals market heats up amid dollar strength and supply concerns
Rising LME prices and dollar dynamics set the stage for scrap metal surge.