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Signs Of Life In Scrap Metal Market

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Mark Melin
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Will scrap metal make a rebound?

Metals such as copper and aluminum are closely watched by certain market participants due to their correlation with economic activity. The price of copper has been on a five year decline, for instance, as economic activity in China had slowed. Now, however, there are new signs of life in a little known sub-set of the copper and aluminum markets that may indicate a larger trend is about to begin.

Signs Of Life In Scrap Metal Market

Signs of scrap metal market tightness are noted amid five year weakness

Reports from around the world, most notably in Europe, are beginning to note tightness in...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.