US & Mexico Weekly Scrap Report (January 24, 2020)

Executive Summary

USA MARKET COMMENTARY

1. A380 spec sales stronger than expected, offered price moves up.

2. ACR prices fall back upon Comex decline.

3. Secondary smelters strengthen prices on all-aluminum radiator scrap.

MEXICAN MARKET COMMENTARY

1. Secondary scrap flows improving slowly, prices still pressured up.

2. Conversely, UBC market remains on an oversupplied position.

3. Extrusion scrap availability tightens as demand increases.

More details in full report.