Consumer Durables
April 24, 2025
Written by Greg Wittbecker
Container shipping lines have sharply increased blank sailings on Transpacific routes in response to escalating trade tensions between the U.S. and China. Blank sailings are canceled voyages.
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
Can Art Aluminum Extrusion has purchased BRT Extrusions in Niles, adding five extrusion presses and finishing operations.
Construction spending indicators show softer architecture billings and private construction spending despite strength in several large project categories.
US construction indicators show large projects supporting planning and starts even as contractor backlog and broader commercial activity lose momentum.
A new US aluminum trade group is seeking lower costs on primary metal while backing duties on competing finished imports.
