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Turkey Amid Limited Scrap Imports and Sluggish Finished Steel Demand
The Turkish steel scrap market remains stagnant. Despite pressures related to transportation costs and some signs of improvement in international negotiations, seaborne imports remain limited, reflecting the weakness of finished steel sales. The last significant...
Asian Black Mass Market: Growing Demand Driven by Cobalt, Focus on NCM and LCO
The Asian black mass market strengthened further in the week ending Wednesday, September 24, supported by positive cobalt sentiment and the prospect of renewed global supply crunch. The Democratic Republic of Congo (DRC), the world's leading producer, announced that...
US Stainless Steel Scrap: Prices Fall for 304 Grade, Pressure on Nickel, and Weak Demand
The US stainless steel scrap market saw further declines in the week ended Tuesday, September 23, with 304 grade under pressure due to weak demand and more cautious exporters. According to data from Commodity Evolution, the purchase price for 304 scrap solids and...
Aurubis Powers New US Metal Recycling Hub: 180,000 Tons of Scrap/Year at Full Capacity
Aurubis has begun production at its new scrap processing facility in Richmond, Georgia, marking a key step in its US expansion strategy. The facility—designed to fuel domestic demand for copper, nickel, tin, and precious metals recovered from end-of-life materials—is...