Fed holds rates, metals markets largely hold steady
"Metals had a positive reaction in light of this Fed move, but I think it's kind of a one-off."
"Metals had a positive reaction in light of this Fed move, but I think it's kind of a one-off."
Wednesday afternoon, the Fed is scheduled to hold a news conference outlining its latest policy.
The titan in aluminum recycling cited market conditions as it backed off its public offering
Are we seeing progress toward lower inflation or is a generally resilient economy wavering?
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."
Production growth had been forecasted at 3.7% by the group in October 2023.
The Chicago-headquartered company said net income reached $247 million in the quarter ended March 31, up from $30 million in the previous quarter.
On the ferrous side, about two-thirds of the respondents indicated ferrous scrap prices would remain stable, while one-quarter thought they would rise in May.
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