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Southeast Asian Aluminum Scrap Prices Steady: Market Remains Cautious Following US-China Tensions and China’s Return from Golden Week

Southeast Asian Aluminum Scrap Prices Steady: Market Remains Cautious Following US-China Tensions and China’s Return from Golden Week

Spot prices for imported aluminum scrap in Southeast Asia remained stable in the week ending Tuesday, October 14, amid a cautious and expectant mood among traders, who prefer to monitor market developments following China's return from Golden Week (October 1–8) and...
US Ferrous Scrap Export Prices Rise: Turkish Demand Supports Market Despite Rising Freight Rates and US-China Tensions

US Ferrous Scrap Export Prices Rise: Turkish Demand Supports Market Despite Rising Freight Rates and US-China Tensions

US ferrous scrap export prices continued their upward trend in the first half of October, supported by new transactions to Turkey and demand to replenish inventories for November shipments. Despite rising freight costs and maritime tensions between the United States...
ArcelorMittal Considers Restarting Its Hunedoara Rolling Mill in Romania, But Doubts Remain About Costs and Supplies from Ukraine

ArcelorMittal Considers Restarting Its Hunedoara Rolling Mill in Romania, But Doubts Remain About Costs and Supplies from Ukraine

The steel group ArcelorMittal is evaluating the possibility of restarting rolling operations at its Hunedoara mill in Romania as early as November, according to a company press release on Wednesday, October 15. The plant had been suspended in early September due to...
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