Prices set to rally in August amid tight supply and rising demand
Market insights reveal anticipated $20/gt increase as mills and traders navigate limited scrap generation.
Tag: Prices
Flatbed rates hold steady amid economic fluctuation
Flatbed spot rates are still down 26% from their Q2 2022 peak. Have we found a bottom? Could rates go lower?
Ferrous prices may have hit bottom, while aluminum sends mixed signals
A look at the last week and what lies ahead.
CRU: European scrap prices weaken in July
The summer lull is a key factor but not the only one…
Prices may have hit rock bottom as pig iron defies trend
Scrap prices plummet, pig iron stays resilient.
CRU: Sluggish plate demand weighs on prices
Plate prices declined in all regions this week amid slow seasonal demand.
Steel mill enters July scrap market, nonferrous market faces global supply shifts
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.
CRU: There is still a lack of momentum in the scrap market
Despite new aluminum mills coming online, there has been a recent scarcity of scrap, which typically keeps supply constrained.
Will prices recover in the second half of the year?
Prime scrap is due for another large decline in July.
Final Thoughts: Navigating the week in the recycled metals market
Scrap metal markets face dynamic shifts: Aluminum steady, copper surging, steel struggling.