r/recycletrade • u/Fit_Ordinary_5531 • 18h ago
info Why should scrap traders watch the Middle East?
The latest aluminium market report shows that prices are being influenced by two major factors. On one side , tensions in the Middle East are creating concerns about possible supply disruptions, which could support aluminium prices. On the other side, higher production and weak seasonal demand are keeping prices under pressure.
If you're buying or selling aluminium scrap, this is something to keep an eye on...
Any major change in the Middle East could impact LME prices, while demand from manufacturers will continue to influence scrap prices. Keeping track of both can help you make better buying and selling decisions.
Are you seeing any changes in aluminium scrap demand or pricing in your market?