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European Flat Steel Prices Rise Slightly: Market Cautious Amid CBAM and New EU Safeguards
European flat steel prices increased slightly in the week ending Wednesday, October 15, in line with the recent upward trend observed in the market. However, regulatory uncertainty related to the new safeguard measures and the Carbon Border Adjustment Mechanism (CBAM)...
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...
Aurubis Considers Building a New Primary Copper Smelter in the United States: It Would Be the First in Decades
Germany-based Aurubis, Europe's leading refined copper producer and one of the world's largest recyclers of nonferrous metals, is considering building a new primary copper smelter in the United States, a project that could be the first major facility of its kind built...
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...