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US Ferrous Scrap: Slow Restart After the Holidays Amid Low Sales and Mixed Signals
The US ferrous scrap export market reopened the year with limited activity, in the first full week of trading after the year-end break. Trading remained sporadic, with only one significant sale emerging on the West Coast, while the East Coast remained largely silent....
Coils Market Between Holiday Break and New Regulatory Balances
The hot-rolled coil (HRC) market began the new year with cautious sentiments on both sides of the Atlantic, amidst the gradual return of operators after the holiday break and the emergence of new regulatory and commercial dynamics. In Europe, the week ending...
Stainless Steel Scrap in the United States: Prices Rise Among Nickel and Molybdenum, But Demand Remains Cautious
The US stainless steel scrap market showed a price revival in the week ending Tuesday, January 6, following the strong recovery of nickel on the London Metal Exchange and rising molybdenum prices, two key factors in determining the intrinsic value of high-alloy scrap....
Aluminum Scrap in India: Prices Rise Sharply, Driven by LME, Margins Under Pressure
The Indian aluminum scrap market saw a sharp strengthening in prices in the week ending Wednesday, January 7, driven by a sudden and sharp rise in aluminum prices on the London Metal Exchange. This move, according to traders, rapidly pushed up physical market offers,...