Scrap Metal News

August 7, 2025: North American Copper Scrap Prices Dipped on the Index

304 SS Solid prices remained flat over the previous day.

All Five Miners Trapped in Codelco’s El Teniente Copper Mine Found Dead

The body of the fifth trapped worker was discovered Sunday.

AISI Recorded Slight Increase in U.S. Raw Steel Output

The United States produced 1.787 million net tons (NT) of domestic raw steel during the week.

AISI: U.S. Raw Steel Output Posted Modest Jump

The United States produced 1.744 million net tons (NT) of domestic raw steel during the week.

WGC Weekly Markets Monitor: Gold Recorded Notable Bounce

The LBMA Gold Price PM jumped 5% last week to US$3,343 per ounce, according to the data.

BIR Plenary Session to Offer Insights into LME and Hedging

Also, the panel will highlight the growing influence and initiatives of the Young Traders within BIR.

World Stainless Steel Association Announced Proud Winners of 2025 Industry Awards

The Gold, Silver and Bronze Awards in the Safety category was won by POSCO, Acerinox and North American Stainless respectively.

EGA to Invest in New Aluminum Plant in Oklahoma, USA

The connectivity of the Tulsa Port of Inola to the Mississippi River system is expected to provide for efficient bulk freight movement.

ArcelorMittal Commits Huge Investment to Decarbonize Dunkirk Operations

The company plans to relaunch its decarbonization plan soon after the summer season.

WGC Markets Monitor: Gold Prices Bounced During the Week

WGC noted that gold has extended its consolidation after hitting the threshold of $3,500 per ounce.

Scrap Metal Council Announced Freeze on Renewal of Licenses

This follows concerns being raised by the local scrap metal dealers over recent surge in imports of scrap materials into the country.

Local Gold Prices Extended Rally and Broke New Thresholds

Till date this year, the LBMA gold price PM in USD has climbed by US$621/oz or 24%.

AF&PA Published Latest Packaging Papers Monthly Report

The total printing-writing paper inventory levels in March decreased 2% when compared to February 2025.

ArcelorMittal 2024 Sustainability Report Spotlights Notable Progress

The report highlights the various sites that produce low-carbon steel.

New Study Points to Stagnant Global Plastic Recycling Rates

The findings of the study were published in the journal Communications Earth & Environment.

Scrap Metal Industry Demands Regulations to Curb Rise in Criminal Activities

The financial returns to collectors are not at all encouraging, as the prices offered to them are significantly low.

WGC: Gold Continued to be a Top Performer Till Date in 2025

At the same time global stock markets slumped with fears of growing trade wars.

E-Waste Burning Sites in Ghana Causing Toxic Health Risks

Ghana has been a dumping ground of electronic waste for several years now.

BNP Paribas Anticipates Collapse in Copper Prices over the Coming Months

The potential imposition of tariffs will end the current copper pricing dislocation, said David Wilson, commodities strategist at BNP Paribas.

Sonoco Named One of America’s Most Trustworthy Companies

The company has been working to make lives better through innovative packaging, Coker added.

British Steel to Consult on Closure of Scunthorpe Blast Furnaces

According to a company news release, it has already begun formal consultation with its workforce and unions effective March 27th.

AF&PA Released Latest Packaging Papers Monthly Report

AF&PA report stated that the operating rate for unbleached packaging papers stood at 84.8%, down 3.2 points from February 2024.

Nucor Declared Earnings Guidance for Q1 2025

Also, lower margins at DRI facilities will result in decreased earnings in the raw materials segment.

S&P Global: Gold Dominated Mining M&A Activity in 2024

The total M&A deal value for gold in 2024 was $26.54 billion, more or less the same as $26.36 billion in 2023.

CMC Announced Robust Recovery in Long Steel Market Conditions

The company reported second quarter net earnings of $25.5 million, or $0.22 per diluted share.