WSJ: Anglo’s CEO Predicts Deepening Metals Slump

From: Anglo’s CEO Predicts Deepening Metals Slump (WSJ) By: Scott Patterson & Alex MacDonald Anglo American PLC Chief Executive Mark Cutifani doesn’t think so, saying Monday that 2016 is set to be even more difficult for mining companies and commodity markets than 2015. To put that in perspective, copper and iron-ore prices fell 25% and

Market & Metals

Scrap Metal Market Watch: February 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.86% over the past month, a decline of 46.14% over the past year, and a decline of 61.09% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Saudi Arabia Hurries to Reinvent Itself for an Era of Low Oil

From: Saudi Arabia Hurries to Reinvent Itself for an Era of Low Oil By: Ben Holland Saudi Arabia, one of the most tradition-bound societies on the planet, where family structure and tribal patriarchy differ little from a century ago, is suddenly in a hurry. It has done more in the past week than in most years.

Market & Metals

Scrap Metal Market Watch: January 2016

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 2.61% over the past month, a decline of 42.74% over the past year, and a decline of 59.89% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: 4th Quarter 2015

Scrap Metal Market Watch graph from first quarter 2011 to fourth quarter 2015 Over last quarter, scrap metal prices for crushed auto bodies declined 11.81%. Over Q4 2014, scrap metal prices for crushed auto bodies declined 40.23%. Over Q4 2013, scrap metal prices for crushed auto bodies declined 55.03%. Over Q4 2012, scrap metal prices for

Market & Metals

Scrap Metal Market Watch: December 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 3.85% over the past month, a decline of 41.92% over the past year, and a decline of 63.09% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Iron Ore Bludgeoned to Record Low in Asia on China Steel Concern

From: Iron Ore Bludgeoned to Record Low in Asia on China Steel Concern By: Jasmine Ng Iron ore contracts in Asia slumped to records amid speculation that mills in China are reining in steel production as they battle losses, slumping prices and tighter credit, hurting demand for the raw material that’s mainly shipped from Australia and

Market & Metals

Scrap Metal Market Watch: November 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have declined. We’ve seen a decrease of 3.39% over the past month, a decline of 48.67% over the past year, and a decline of 59.51% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends

Market & Metals

Scrap Metal Market Watch: October 2015

Scrap Metal Market Trends Scrap metal prices for crushed auto bodies have remained steady from last month. We’ve seen no change over the previous month, a decrease of 50.28% over the past year, and a decline by 58.29% over the past two years. This trend may be observed below: Chart | Scrap Metal Market Trends