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US Ferrous Scrap Price Rises: New Highs Since April Driven by Turkish Demand
The US ferrous scrap export market recorded a renewed increase at the end of the second week of October, reaching its highest level since mid-April. A steel producer in the Iskenderun area of Turkey concluded a purchase agreement at $350/ton CFR for heavy melting...
Aluminum Scrap Prices in India: Mixed Trend Between Higher Supply and Weak Demand
Aluminum scrap prices in India showed a mixed trend in the week ending Wednesday, October 8, with some local grades—such as Tense—slightly declining, while import offers increased following the strengthening London Metal Exchange (LME) market. However, domestic demand...
Italian Scrap Market: Reflection Phase After September’s Declines
The Italian scrap market continues to trade in negative territory, but with a more cautious and reflective stance than in previous weeks. After the widespread reductions in September, the last week saw further slight downward adjustments, concentrated primarily among...
European Secondary Aluminum Prices Rise: Tight Supply and Asian Demand Support the Market
Secondary aluminum prices in Europe continued their upward trend over the past week, supported by stable scrap costs and steady activity in the spot market since early September. Production reductions at several remelting plants further pushed up the price range for...