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Non-Ferrous Scrap In Mexico: Prices Rising Thanks To The LME, But Demand Remains Prudent
The Mexican non-ferrous scrap market closed the week ended Friday May 15 with a mostly rising movement, supported by still elevated prices of metals listed on the London Metal Exchange. However, behind the strengthening of values, the physical picture remains less...
NCM Black Mass In Asia: Lithium Decline Cools Payables, But Supply Remains Tight
The Asian NCM black mass market is entering a more prudent phase, after weeks characterized by elevated payable levels and strong competition for secondary material. In the week to Wednesday May 20, payables for nickel-cobalt-manganese black mass, or NCM, fell...
UK Secondary Aluminium: Prices Supported By Scarce Scrap, Asian Export And Rising Costs
The UK secondary aluminium market remained supported on Wednesday May 20, with prices still firm at elevated levels because of the difficulty in securing scrap and the continued support of export demand toward Asia. Buyers remain cautious at current price levels, but...
US Ferrous Scrap Stalled: Weak Export, Turkey Quiet And Inland Sales More Convenient
The US ferrous scrap export market remained largely quiet in the week to Wednesday May 20, weighed down by scarce activity from Turkish buyers and by domestic conditions that are making it more interesting to sell material inside the United States rather than direct...