US & Mexico Weekly Scrap Report (January 28, 2022)

Executive Summary

USA MARKET COMMENTARY

1. WEATHER HITS: Old cast prices increase amid delivery challenges.

2. RISING PRICES: Clean aluminum radiators scrap move up in price.

MEXICAN MARKET COMMENTARY

1. KEEPS RISING: UBC prices rally further in Mexico.

2. GETTING TIGHTER: Consumers vs RSI producers, fighting for 6063 scrap.

More details in full report.