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Volatility defined commodity markets in 2025, with precious metals outperforming and industrial metals facing sharp policy-driven swings. As 2026 approaches, the scrap market is shifting from price discovery toward access and availability. Here is ScrapMonster’s strategic outlook on the year ahead.
Officials plan to tap a river to help put out a huge fire at a northern New Jersey recycling plant they say could burn for days
The waiver exempts drivers from HOS regulations for the length of declared emergency. However, once the emergency declaration is no longer in effect, drivers must comply with all existing HOS regulations.
Steelmakers started the week by trying to keep prices at the same level as last month, but that didn’t last.
US Shredded Steel Scrap TSI Index futures trading will begin on the Nasdaq Commodities Exchange (Stockholm).Trading hours are 2:00 a.m. to1:00 p.m. EST. The 20-gross-ton USA Midwest shredded steel contract will be listed, and quoted, for the current month and each of the next 11 months. The contract will finally settle on the 11th day of each month against the Midwest US Shredded Steel Scrap TSI Index price.
Ferrous scrap prices could rise sharply in some regions while remaining unchanged in others.
Like most other markets in the nation, the Cincinnati district saw prices mostly at a standstill in June, as supply-and-demand were in enough balance to keep everything unchanged. This followed April and May’s combined $40 drops.
"At the beginning of the month, there was an attempt to push prices down $10-$20," a Cincinnati dealer said.
Crude steel output in the USA last week totalled an estimated 1,850,000 net tons, down by 2.8% from 1,904,000 tons the previous week, according to figures from the American Iron & Steel Institute.
The two major flat-rolled steel producers on the US West Coast may have raised their list prices, but buyers are not yet convinced that prices will actually rise in a market that they say remains highly competitive.
The flat steel market in the UAE remains slow this week, while buyers wait for prices to fall further.
ffer prices for cold rolled coil (CRC) imported into India fell by about $10 per tonne over the past weekend, although very few shipments have been booked.
China's H-beam export prices have fallen so far this week amid thin trading.
China's spot steel prices continued to descend on Thursday May 30 on poor sentiment amid a weak billet market.
China's indium prices rose rapidly this week, as investors continued to buy for exchange delivery purposes, according to delegates at the 2013 China Indium Forum.
Copper prices closed lower on the London Metal Exchange on Wednesday May 15, after visiting a low of $7,101 following figures showing that the eurozone remained in recession for a sixth consecutive quarter in the first three months of 2013.
The daily scrap index for HMS 1 & 2 (80:20) imports to Turkey fell further on the back of freshly traded cargoes into the country on Wednesday May 15.
UK secondary aluminium ingot prices remained flat on Wednesday May 15, with the overwhelming majority of business confined to contract sales as scrap tightness continued to discourage producers from seeking spot sales.
The price of scrap has fallen on international markets over the past month, as a result of low demand from mills.
Gold on Wednesday witnessed its second biggest loss this year of Rs 600 to Rs 27,300 per 10 grams due to reduced offtake amid weak global trend.
European aluminium scrap prices edged down on Friday May 3 after sharp falls in London Metal Exchange aluminium prices, and market participants expect greater falls next week should LME prices remain at depressed levels.
A Turkish integrated steel mill has opened a tender to purchase deep-sea scrap, sources told Metal Bulletin sister title Steel First on Friday May 3.
Ferrous scrap trading kicked off in the Midwest on Thursday May 2 in key regions, such as Chicago and St Louis, with prices closely following the downward trend established in Detroit on May 1
The Turkish imported scrap market is expected to see a revival this week if steel mills in the country can agree on prices with US and European scrap suppliers, market sources said on Monday April 1.
China Metal Recycling (CMR) must give a detailed rebuttal of accusations from a US-based research group before its shares can be opened for trading again, the Hong Kong Stock Exchange has said.
According to a Commercial Metals Company (CMC) executive ,the US ferrous scrap prices will fluctuate by $10-20 per gross ton over the next few months