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Non-ferrous frenzy fades
To understand this (short) week, we have to look at what happened last week
To understand this (short) week, we have to look at what happened last week
Aurubis prepares for largest shut down in their history and where are they expanding to?
The consensus for ferrous scrap is sideways, maybe not a strong sideways this month.
April's scrap market defies expectations with unexpected trends and surprising stability.
The index is now at the highest level recorded since September 2022.
For April, a majority of respondents said they expect ferrous scrap prices to rise.
Spreads aren't improving. Supply shortage persists.
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.