Sector
Copper, aluminium, brass, stainless and high-temp alloys — spreads, smelter demand and export flows.
Two rolling-mill groups have shifted used beverage can purchasing from bale weight to recovered metal, exposing yield gaps of three to five percentage points at some suppliers.
Bare bright chop discounts to exchange have narrowed to 6 to 8 cents a pound in the Midwest, squeezing granulator businesses that were underwritten on a 15-cent spread.
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