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
Tag: Market
June recycled metals market showdown
June recycled metals prices teeter amidst demand fluctuations and strategic moves.
Fed to meet next week as economy throws mixed signals
Are we seeing progress toward lower inflation or is a generally resilient economy wavering?
Global recycled market shifts: What does this mean for the recycled metals industry?
U.S. gains upper hand amid Chinese pullback and volatile prices.
Prices divide traders and manufacturers in RMU survey
Market Shocker: Non-ferrous recycled metals prices set to diverge amid contrasting predictions and potential stee production dip.
Recycled metals market: Will winter trigger a rebound?
The recycled iron and steel markets seem to be “ho hum” at this stage of October. The word on the street is strong sideways, which is really not a bullish sentiment compared to the optimism of two weeks ago. Ferrous scrap flows are still fairly consistent, and they should be adequate to fill the increase […]
Final Thoughts: What just happened and where to go from here?
As HRC prices struggle to find a bottom, mills are unlikely to provide any relief to the scrap industry.
Aluminum recycler Novelis to raise $945 million in IPO
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
Non-ferrous frenzy fades
To understand this (short) week, we have to look at what happened last week
"A game changer." LME to add emissions data tracking for aluminum ahead of EU policy
"It’s the stuff that makes sustainability real, and it gives it a future, because it’s based on facts rather than noise."