Markets & Metals May 2020 Coronavirus Edition

As previously discussed in the last Market & Metals post, we discussed the unknown impacts of the global pandemic and the difficulty forecasting into a wildly uncertain economic horizon.   The roughly 20 drop that we observed at the beginning of the Pandemic in the U.S. has held relatively steady into May.   Average scrap values fell

Scrap Metal Market Mid-March 2020 Update: China & Steel Overproduction

In the last Market & Metals post, it was reported that after two consecutive months of increase, scrap steel marginally dropped by 2.4 percent in price on a national level. This figure is largely insignificant now because at the time, the economic effects of the global pandemic that is the coronavirus had not yet fully

Market & Metals

Scrap Metal Market: July 2016

Scrap Metal Market Holds Steady Scrap metal prices for crushed autobodies held steady with 2.17% growth over the past month (see June 2016 Scrap Metal Market Watch), and have grown 31.62% over the past year. Across the Atlantic, the Brexit vote sent a shockwave through the base metal market, temporarily causing prices to plummet. However,

WSJ: Anglo’s CEO Predicts Deepening Metals Slump

From: Anglo’s CEO Predicts Deepening Metals Slump (WSJ) By: Scott Patterson & Alex MacDonald Anglo American PLC Chief Executive Mark Cutifani doesn’t think so, saying Monday that 2016 is set to be even more difficult for mining companies and commodity markets than 2015. To put that in perspective, copper and iron-ore prices fell 25% and