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Ferrous market update: Quiet currents and mixed signals
U.S. scrap market stagnant amid summer demand.
U.S. scrap market stagnant amid summer demand.
U.S. gains upper hand amid Chinese pullback and volatile prices.
Market Shocker: Non-ferrous recycled metals prices set to diverge amid contrasting predictions and potential stee production dip.
To understand this (short) week, we have to look at what happened last week
These new tariffs may help our steel industry to keep prices at elevated levels, whether deserved or not. But what effect will it have for the recycled metals community?
Overselling and underdelivering?
The move has particularly impacted over 90% of Mexico's P1020 imports, with countries like India, South Africa, Russia, and Argentina bearing the brunt.
Concerns about securing aluminum and copper scrap supply amidst expanding global recycling capacity
Non-ferrous recycled metals market faces slow flow despite high demand.
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