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| Nonferrous Scrap |
Global nonferrous scrap flows remain resilient throughout the summer despite ongoing geopolitical uncertainties. According to Bureau of International Recycling (BIR) contributors, sales channels continue to operate effectively across key international markets.
Regional Challenges in Malaysia and Thailand
Malaysia shows signs of gradual improvement at its ports, although transparency remains a concern. Customs authorities continue to scrutinize imported shipments, particularly those containing printed circuit boards. Meanwhile, Thailand reports stable conditions, yet the broader global economic slowdown weighs on overall consumption across several industrial sectors.
US Market Performance and Trends
In the United States, secondary aluminum markets face downward pressure from declining London Metal Exchange (LME) prices. However, secondary aluminum ingot prices remain stable due to persistent freight and raw material costs. Conversely, copper and brass demand in the US stays strong, with spreads remaining relatively unchanged as producers manage seasonal shutdowns.
ScrapInsight Commentary
Despite cooling LME indices, the physical scrap market demonstrates underlying strength due to elevated operational costs. Traders should prioritize logistics efficiency as regulatory scrutiny at Asian ports persists, creating a bifurcated market between high-value copper and volatile aluminum grades.
