Base metals have started the second half of the year with a whimper, returning to the lower end of recent ranges on the LME on Wednesday morning. It remains in consolidation mode, the Read more
The Midwest aluminum premium has dropped following nearly a month of stability, with some market participants telling that concerns about foreign metal hitting U.S. shores this summer may be one Read more
Lingering supply concerns have kept most copper and brass scrap prices insulated from terminal market weakness, although a production disruption at one brass mill could change that by freeing up Read more
All eyes are fixed on the ferrous scrap export market, with the market players fully aware that the next sale will determine where prices are heading for the near term. The latest news is that, Read more
The steel prices, especially U.S flat rolled are shooting up very briskly not seen since 2008, according to industry sources. I should say it is a STEEL ECLIPSE! Fasten your seat belt lest you Read more
It was a third consecutive gain in May for the Midwest ferrous scrap as steady demand from flat-rolled producers worked to lift prices once again. Most steelmakers throughout the Midwest readily Read more
The steel plate scrap market is shifting to a higher plane, market sources said, thanks to mill increases, expected gains in scrap prices and a landmark trade case that would squeeze off shore Read more
An unbelievable hike in export prices of ferrous scrap rocked the market this week, leaving many market players reeling in its wake just ahead of May. A single bulk cargo sale off the Read more
The “WIND” of supply and demand factor finally began to blow in favour of scrap sellers from early March, as prices gained $12 per ton or more, depending on the grade. The Read more
The past 2-3 years portrayed a volatile Indian economy but, the current political scenario assures good times. With a strong government at the centre, there are no confusions about economic Read more
Leading U.S. trade associations has formed a group in Virginia, U.S.A very recently & announced the formation of a new coalition by the name Manufacturers for Trade Enforcement (MTE), to thwart Read more
A New York state legislature hearing in Albany very recently featured comments from several municipal officials who voiced that the 2010 “e-waste” law requires manufacturers to Read more
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