Fed's move to slash interest rates is poised to boost scrap
Net growth in job creation correlates to increased steel consumption, and of course, more scrap demand, as recycled metals serve as the primary feedstock for steel production.
Tag: Interest rates
Week in Review: Steady prices, construction surge and global uncertainty
What's influencing the market and shaping industry outlooks?
Infrastructure growth sparks recycled metals opportunity
Infrastructure surge fuels scrap metal demand amid sluggish residential construction
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
Fed to meet next week as economy throws mixed signals
Are we seeing progress toward lower inflation or is a generally resilient economy wavering?
Wage growth slows amid talks of Fed rate cut
April jobs report signals wage growth slowdown, fed rate cut talks emerge.