CRU aluminum roundup
SDI rating upgrade, overcoming challenges to make recycled tin containers, and more
SDI rating upgrade, overcoming challenges to make recycled tin containers, and more
To hedge or not to hedge, that is the question.
August is just a few days away, and, despite the typical summer slowdown in the recycled metals market, there is plenty to watch in the coming week.
Market insights reveal anticipated $20/gt increase as mills and traders navigate limited scrap generation.
Flatbed spot rates are still down 26% from their Q2 2022 peak. Have we found a bottom? Could rates go lower?
A look at the last week and what lies ahead.
The summer lull is a key factor but not the only one…
Scrap prices plummet, pig iron stays resilient.
Plate prices declined in all regions this week amid slow seasonal demand.
One of the positive things about the market we are seeing are firm prices on export and relatively high pig iron prices as compared to the forecasted price of domestic scrap.