Recycled Metals Update’s Post

While residual supply chain disruption stemming from the pandemic largely resolved during 2023, steel and aluminum markets faced global challenges ranging from the continuing war in Ukraine to the slow recovery in China, inflation and associated monetary policies. These and other factors have, in turn led to multiple outcomes. Read what those outcomes were here: https://lnkd.in/gzZUvcB4 #Metals #ABL #HilcoGlobal #MetalIndustry #HilcoValuationServices #SupplyChain

 The aluminum market is experiencing notable fluctuations influenced by a combination of global economic factors, supply chain dynamics, and geopolitical events. While short-term fluctuations are expected, the long-term outlook for aluminum prices remains positive, driven by increasing demand from various sectors such as automotive, aerospace, and packaging. Innovations in aluminum production and recycling processes may also contribute to price stability and sustainability in the future. #AluminumMarket #MetalPrices #AluminumIndustry #EconomicAnalysis #HenanMinTaiAluminum

This snapshot overview provides a quick glance at the anticipated shifts within the aluminium industry for 2024, reflecting the impact of global economic, geopolitical, and environmental trends. The focus areas include China's growing scrap demand, the upward trend in bauxite prices, the evolving carbon products landscape, and fluctuations in LME prices. As the industry faces these developments, stakeholders are gearing up to address the resulting opportunities and challenges. In a concise overview, we present CRU's top ten predictions for the aluminium sector in 2024. These forecasts touch on pivotal aspects like market demand, regulatory shifts, and sustainability initiatives. For those navigating the aluminium market, this brief offers essential insights into what to expect in the upcoming year, without delving into detailed analysis. #aluminum #aluminummarket #aluminumbusiness #worldtrend #marketshare

On the up? 📈 Quick breakdown of article below; 1) Increased Demand: A potential uptick in construction and manufacturing activities as economies continue to recover post-pandemic could drive demand for steel. 2) Supply Chain Constraints: Ongoing disruptions and logistical challenges might limit the availability of raw materials, contributing to price increases. 3) Government Policies: Some countries may implement infrastructure spending initiatives, further boosting demand. 4) Global Market Trends: Fluctuations in global steel prices, particularly from major producers, can influence regional prices. 5) Energy Costs: Rising energy prices can impact production costs, leading to higher prices for steel and scrap. https://lnkd.in/gBs2eB_D Sims Metal #scrapmetal #metalrecycling

#Aluminium prices in the global markets hit a five-month high this month on economic growth and increasing concerns over supply. Prices will likely increase from current levels, say analysts. https://trib.al/diIcttR

Global Steel Production: How It Shapes Local Markets and Economies https://lnkd.in/dwgJeZSa Global steel production levels play a crucial role in shaping local markets, influencing prices, supply chains, and economic conditions. This article delves into the intricate relationship between global steel production and its effects on local markets, offering insights into the factors driving these dynamics and their implications. The Relationship Between Global and Local Steel Markets 1. Supply and Demand Dynamics – Global Oversupply: When global steel production exceeds demand, it often leads to an oversupply situation. This can result in falling prices, which can impact local markets by making imported steel more attractive due to lower costs. – Local Demand:... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks

2024: A Rollercoaster for Aluminium Prices! 🌍 2024 has been a year of dramatic shifts in #aluminium prices—from unexpected highs to sudden lows! Here’s a closer look at what shaped the market and how businesses can navigate the changes. Highs and Lows: 🟢 April: 2497.88 | October: 2598.39 🔴 February: 2182.55 | July: 2362.30 From January’s 2194.18 to December’s 2568.89, market forces and global demand played key roles in driving these fluctuations. 🔎 What drove these trends? Let’s discuss some key supply & demand factors: Supply Factors: 1️⃣ Raw Material Costs: Fluctuations in bauxite prices, particularly from major suppliers, impacted production costs. 2️⃣ Energy Costs: Aluminium production is energy-intensive, and rising energy prices—especially in coal-dependent regions—put upward pressure on costs. 3️⃣ Chinese Production: As the world’s largest producer, changes in #China’s output—driven by environmental policies and regulations—significantly impacted global supply. 4️⃣ Geopolitical Events: Trade policies, tariffs, and sanctions added volatility to the market, influencing supply dynamics (such as the US-China trade war, sanctions on Rusal, China's removal of export rebate on aluminium, and more). Demand Factors: 1️⃣ Economic Growth: Strong global growth fueled demand across key sectors like #construction, #automotive, electronics, and a significant increase in the military & defense sector. 2️⃣ Technological Advancements: The rise of electric vehicles (#EVs) and renewable energy (solar and wind) increased demand for lightweight, sustainable aluminium. 3️⃣ Construction & Infrastructure: Growing urbanization, particularly in #India and #Africa, drove demand for aluminium in infrastructure projects. 4️⃣ Automotive & Aerospace: Aluminium continues to play a crucial role in EVs, #aerospace components, and the growing demand in military & defense industries. To stay ahead of the curve in the ever-changing aluminium market, it's essential to understand these trends and factors. What are your thoughts on the aluminium market trends? Share your insights! #Aluminium #LMEPrice #MarketTrend #MetalIndustry #NileeshImpex Contact Us Company Name : Nileesh Impex Email : info@nileeshimpex.com

🌍 𝗜𝗿𝗼𝗻 𝗢𝗿𝗲 & 𝗦𝗰𝗿𝗮𝗽 𝗠𝗮𝗿𝗸𝗲𝘁𝘀: 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝗖𝗮𝘂𝘁𝗶𝗼𝘂𝘀 𝗢𝗽𝘁𝗶𝗺𝗶𝘀𝗺 𝗔𝗺𝗶𝗱 𝗘𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀 🌍 The iron ore and scrap markets are currently navigating a phase of cautious optimism, driven by fluctuating demand and strategic shifts among key players. 🔄 While China's economic policy remains a critical influence, recent market activity shows a mix of subdued trading and anticipation of new policy announcements. 📉 Meanwhile, major miners are increasingly focusing on high-quality, value-added products, aligning with global goals for sustainable and efficient steel production. 🏭🌱 The scrap market is witnessing contrasting supply and demand dynamics. On one hand, European suppliers are managing excess inventory, leading to increased shipments to Turkey. 🇹🇷 On the other, Turkish mills expect higher demand towards year-end, highlighting potential price volatility as mills secure shipments for the coming months. 📈 Additionally, a steady rise in recycled steel usage underlines its growing importance in sustainable production. 🔄♻️ At Arij Global Trading, we continuously monitor these developments to deliver tailored solutions and high-quality products that meet the evolving demands of the global steel industry. Our commitment to sustainability, efficiency, and value creation drives our efforts to provide clients with the best trading experiences. 🌟🤝 As the industry prioritizes quality, sustainability, and efficiency, stakeholders are closely watching economic signals, inventory levels, and logistical challenges that may shape the market's near-term outlook. ⏳📦 The coming months promise further adjustments as the sector seeks to balance supply constraints with evolving demand across global steel markets. 🌐💼 #ArijGlobalTrading #IronOre #ScrapMarket #SteelIndustry #GlobalTrends #SustainableProduction #EconomicOutlook #MarketAnalysis #RecycledSteel #ValueAddedProducts #StrategicShifts #SupplyAndDemand #Turkey #ChinaPolicy #IndustryUpdates #RawMaterials #MetalsMarket #CommoditiesTrading #SteelManufacturing #MarketForecast #SteelTrading #SupplyChainManagement #GreenSteel #IronAndSteel #IndustrialSolutions #TradeInsights #LogisticsOptimization

I believe it's time for an update! 🌍𝗔𝗹𝘂𝗺𝗶𝗻𝗶𝘂𝗺 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝘆𝗻𝗮𝗺𝗶𝗰𝘀 📉 The global aluminium market is stilll experiencing significant volatility and downward trends: • 𝗟𝗠𝗘 𝗣𝗿𝗶𝗰𝗲 𝗨𝗽𝗱𝗮𝘁𝗲: LME cash aluminium prices have dropped to a three-month low at $2,346 per mton, marking a 2.4% decrease. Concerns over Chinese demand due to potential US tariffs and geopolitical resolutions are influencing these declines. • 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗺𝗽𝗮𝗰𝘁: SHFE front-month aluminium prices in China also saw declines, hitting a three-month low at 19,700 yuan per mton, highlighting global economic uncertainties impacting base metals. • 𝗨𝗦 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Despite challenges in the extrusion sector, prospects for 2025 show cautious optimism with rising trials and sector-specific demands, particularly in solar energy applications. • 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀: In Europe, aluminium premiums and contractual agreements are reflecting a cautious market sentiment amidst varying regional demands and supply dynamics. 🔍 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗢𝘂𝘁𝗹𝗼𝗼𝗸: According to recent analysis, current prices are perceived as fundamentally high relative to production costs, suggesting a potential correction towards $2,300 per mton or lower in the coming months. 📊 𝗜𝗺𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆: The aluminium industry faces ongoing challenges with high inventories, weakening demand from key sectors, and geopolitical uncertainties, influencing market sentiment globally. #AluminiumMarket #GlobalEconomy #IndustryInsights #MarketAnalysis #Manfisa #AluminiumWire

👇 Get insights from Mysteel's Brief Weekly Overview of China's Non-ferrous Markets!   #Copper: Prices experienced fluctuations this week between Yuan 76,101-77,506/tonne, influenced by market reactions to Trump's election victory and sentiment recovery due to the expectation of Fed rate hikes. China's domestic spot supply remained tight, pushing spot premiums higher, with further increases anticipated as smelter maintenance continues. On the demand side, copper scrap consumption weakened while refined copper consumption improved. Copper prices are expected to strengthen next week.   #Zinc: Zinc prices fluctuated this week, with a brief decline due to the U.S. election impact. China's domestic inventories saw slight changes and spot supply tightened. Import volumes are expected to remain limited, with a stronger dollar potentially curbing import. Overall fundamentals remain stable, but anticipated fiscal policy support in China may boost zinc prices, leading to a rise next week.   #Tin: Prices trended downward, reaching Yuan 261,750/tonne on Nov 8, with inventory slightly decreasing. Supply shortages continue to support tin prices, while end-user demand remains limited. In the short term, tin prices are expected to fluctuate within the range of Yuan 255,000-265,000/tonne.   #Lead: Lead prices moved sideways this week, with SHFE and LME prices showing slight increases. However, downstream sentiment remained cautious, leading to moderate spot trading. Cold weather is curbing lead-acid battery demand, putting pressure on lead prices. Meanwhile, secondary lead supply has slightly declined due to environmental restrictions in north China. In the short term, lead prices are expected to fluctuate within a range.   🌟 Stay ahead of market trends with Mysteel Metals! Contact us via <xuzhongping@mysteel.com> for more in-depth updates and free trials of reports!