Grim outlook: Market experts predict sharp decline in July scrap prices
A bleak forecast for the market’s direction in July, potentially extending into August.
Tag: Prices
Aluminum market update: Stability amidst broader movements
Aluminum prices hold steady amid new industry partnerships and Investments.
SMU: HRC vs. prime scrap spread narrows further in June
The average HRC price dropped this week, and the June price for busheling scrap tumbled from May.
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.
Final Thoughts
We in the scrap industry should keep tuned to China’s proposed relaxation of ferrous scrap specifications
Peterson: With more EAFs in play, which feed will rise to the top?
If you have been paying attention, you will notice that the price of shred is getting very close to #1 busheling and #1 bundles in most markets
Cash and carry trade in base metals: What it is and what it means for the recycled metals community
In the intricate world of base metals trading, one strategy stands out for its simplicity and effectiveness: cash and carry.
Mills begin buying for June — at lower numbers than expected
Heading into June, the sentiment was for weaker prices. Now we know what we're dealing with.
Ferrous Recycled Metals: Could we be looking at a weakness in June prices?
What's the ferrous scrap market outlook for June?
CRU aluminum: China eyes property recovery, UACJ expects North America can stock, autos to improve
UACJ expects North American business to continue on recovery trend.