Will Scrap Prices Go Up In 2025. Myriad factors determine current scrap metal prices, and they will likely shift in 2024, due to global supply and demand, industry trends, and unforeseen events. Looking ahead to 2025, aluminum and tin prices are predicted to increase further by 4%, while iron ore and lead prices are forecast to extend their declines.
An analysis titled โcopper is the new oil,โ goldman sachs predicts copper will approach $51,000 per metric ton by 2025. Looking ahead to 2025, aluminum and tin prices are predicted to increase further by 4%, while iron ore and lead prices are forecast to extend their declines.
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