Week in review: Tough road through September
Market movements and economic highlights to start your week.
Contributor: Stephanie Ritenbaugh
Stephanie Ritenbaugh
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Week in Review - August 25, 2024
Powell confident inflation is dropping, labor issues on the rail line and more
The Week in Review- Metals face a critical juncture
Supply tightens as steel giant sounds the alarm: What's next for the metals market?
Infrastructure growth sparks recycled metals opportunity
Infrastructure surge fuels scrap metal demand amid sluggish residential construction
Week in review
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.
EU emissions regulations to drive more scrap demand
The Carbon Border Adjustment Mechanism (CBAM) was officially enacted May 17 by the European Commission.
Kaiser Aluminum to shutter Texas facility
Kaiser Aluminum said it does not anticipate closures at its other manufacturing sites.
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."
Ahead of the Fed: Watching this week's economic data
Wednesday afternoon, the Fed is scheduled to hold a news conference outlining its latest policy.
Aluminum recycler Novelis hits pause on plan to raise nearly $1 billion in IPO
The titan in aluminum recycling cited market conditions as it backed off its public offering