Nonresidential construction spending stalls, hiring slows
Data center spending is still driving much of the activity in the sector.
Data center spending is still driving much of the activity in the sector.
Recent earnings from major HVAC manufacturers show residential demand constrained by channel adjustments, while commercial activity - especially in the Americas - remains the primary source of volume support.
The first auction is scheduled for Feb. 19.
“There's absolutely no doubt that aluminum will be a growth platform for us going forward,” said Mark Millett, co-founder, chairman & CEO of the Indiana-based steelmaker.
“Both parties will now solely focus their greenfield development efforts in the United States on the Inola, Okla., site,” the companies said in a press release.
The smelter is expected to be fully ramped up by end of the year, the mining company said.
Non-residential construction indicators show how planning and backlog shaped aluminum demand heading into 2026.
Trade deals, substitution, and the Midwest premium in the year ahead
ALUKO Group plans to establish a second US manufacturing facility in Tennessee, expanding its domestic manufacturing presence beyond the EV-focused Jackson site.
AKFA Aluminum Solutions will establish its first US manufacturing facility in Bowling Green, Kentucky, introducing a new extrusion-focused aluminum producers into the regional secondary market.