Is November bringing a long-awaited uptick in the steel industry? Early signs suggest that price increases, initiated by Cleveland Cliffs, are taking hold. Despite concerns about the ongoing auto strike affecting steel demand, planned and new steel mill outages are extending lead times, possibly offsetting the decline in auto demand. Stay tuned for updates as November unfolds in the steel market โ it could be a ‘Trick or Treat’ scenario. #SteelIndustry #PriceTrends #AutoStrike
Volatility is the one given for copper pricing in 2025!
Copper scrap prices took a wild ride in 2024, what is the outlook for 2025? All we can be sure of is that volatility will