Packaging growth leads Gränges Americas volume growth
Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.
Gränges Americas sales volume rose 7.7% in the second quarter as packaging gains outweighed lower industrial shipments tied to construction demand.
Markets were somewhat adrift this past holiday-shortened week as there was not much meaningful news to go by.
Going into this week, focus will remain on US equity markets as investors wait to see whether Friday's selloff will intensify, in which case we could see knock-on price declines in a number of other complexes—including base and precious metals.
The Lebanon facility will effectively double the company's total annual processing capacity to an estimated 240 million pounds.
Crude oil prices retraced late last week on growing optimism about the Iran war. All this sounds promising. But our sense is this is going to be an intricate sequencing game. And it runs the risk of unraveling if one side or the other seeks to prioritize its concessions over those made to the other. We will have to see what happens.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
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.
This project, which the Chicago-based producer expects to reach full production by the end of June, aims to increase total US primary aluminum production by 10%.
The construction market is seeing activity from data centers and the energy infrastructure to support them. But other factors are dragging the sector down: The Iran war is spiking inflation; tariffs are driving up material costs; and immigration crackdowns are hurting labor.