Steel scrap shredded auto scrap, consumer buying price, delivered mill Hamilton, Canadian $/net ton

Europe's automakers are increasingly vocal about the challenges they face in meeting the EU's stringent decarbonization targets, citing growing concerns over economic uncertainty, consumer reluctance to adopt electric vehicles (EVs) and shrinking production margins.

Delays in US policy support for its domestic anode supply chain have made investment decisions harder, even as expectations for a medium-term supply shortage persist, Shaun Verner, chief executive officer of Australia-listed Syrah Resources, told Fastmarkets in an interview in August

Bearishness lingers in China’s ferrous market despite price rises seen for some steel products in recent days, market participants told Fastmarkets in the week to Wednesday September 11