Gränges predicts poor demand for HVAC in short term
The third quarter already showed an HVAC market weakened considerably due to falling consumer demand and destocking at manufacturers and distributors.
The third quarter already showed an HVAC market weakened considerably due to falling consumer demand and destocking at manufacturers and distributors.
Chief Operating Officer Ingrid Joerg will succeed Jean-Marc Germain as CEO
MetalX will maintain its headquarters in Fort Wayne and both companies will maintain their own independence and management, the companies said.
There’s a lot of news to keep track of, so we’re lending a hand with highlights from the past month and what they mean for you.
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
A fire at a Novelis aluminum mill in September shook up domestic supply for automakers
“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.
The Aluminum Association is urging the U.S. government to ban exports of used beverage container (UBC) scrap to keep high-quality recycled aluminum within North America and strengthen domestic supply for manufacturers.
Most of the world’s global non-ferrous futures business is conducted on the LME’s three trading platforms, totaling $18 trillion, 178 million lots and 4 billion tonnes with a market open interest high of 1.8 million lots in 2024.
About 3,200 employees represented by the International Association of Machinists and Aerospace Workers District 837 have been on strike since Aug. 4.