Our take on Wednesday's Fed meeting
The Federal Reserve held rates steady while modestly raising inflation and growth projections, highlighting uncertainty tied to geopolitics and tariffs.
Category: Building & Construction
Steel Dynamics issues Q1'26 guidance, flags aluminum ramp and higher working capital
Steel Dynamics issued first-quarter 2026 guidance, citing higher working capital tied to its aluminum ramp as the segment begins generating EBITDA.
CBP pallet auction highlights scrap arbitrage opportunity
US Customs and Border Protection concluded the first of two scheduled auctions of seized extruded aluminum pallets on Feb. 19.
Century, EGA advance Oklahoma smelter with downstream partner
Century Aluminum and Emirates Global Aluminium signed a downstream agreement with U.S. Aluminum Company tied to the planned Oklahoma smelter.
AMU Survey: Lead times extend as undersupply expectations rise
February survey results show extending lead times, rising undersupply expectations, and firmer perceptions of import competitiveness.
Hydro's primary aluminum stability contrasts with softer extrusion demand
Hydro reported steady primary aluminum output and forward price visibility, while North American extrusion volumes reflected ongoing end-market softness.
Howmet CEO: Gas turbine market has been 'biggest change to my thinking'
The company expects to invest more in 2026.
HVAC market: What recent earnings reveal about residential, commercial demand
Recent earnings from major HVAC manufacturers show residential demand constrained by channel adjustments, while commercial activity - especially in the Americas - remains the primary source of volume support.
Auction for seized aluminum to be held in February, May
The first auction is scheduled for Feb. 19.
Gränges' 2025 earnings show higher shipments and late-year margin shifts
Gränges' 2025 results show rising shipments and revenue, but late-year profit concentration driven by product mix, pricing pass-through and utilization effects.