Fed's move to slash interest rates is poised to boost scrap
Net growth in job creation correlates to increased steel consumption, and of course, more scrap demand, as recycled metals serve as the primary feedstock for steel production.
Net growth in job creation correlates to increased steel consumption, and of course, more scrap demand, as recycled metals serve as the primary feedstock for steel production.
A look at what happened last week to start your day.
“Owners and developers continued to prime the planning queue in August, ahead of next year’s anticipated stronger market conditions."
Market movements and economic highlights to start your week.
Powell confident inflation is dropping, labor issues on the rail line and more
Supply tightens as steel giant sounds the alarm: What's next for the metals market?
Infrastructure surge fuels scrap metal demand amid sluggish residential construction
August is just a few days away, and, despite the typical summer slowdown in the recycled metals market, there is plenty to watch in the coming week.
The Carbon Border Adjustment Mechanism (CBAM) was officially enacted May 17 by the European Commission.
Kaiser Aluminum said it does not anticipate closures at its other manufacturing sites.