Iran war disruptions show importance of US smelters, Century says
“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.
“The timing of our Mt. Holly restart could not be better...providing additional American metal units to the domestic market,” CEO Jesse Gary said.
In the base metals markets, we had a mixed showing. Tin did best, adding almost 10% on the week on concern about lagging supply.
Anton Posner, CEO of Mercury Resources, will join Steel Market Update (SMU) and Aluminum Market Update (AMU) for a Community Chat on Thursday, May 14, at 11 am ET.
Century Aluminum CEO Jesse Gary said his company could start up its new smelter in Oklahoma ahead of schedule if the permitting process moved more quickly.
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.
Anton Posner, CEO of Mercury Resources, will join Steel Market Update and Aluminum Market Update for a Community Chat on Thursday, May 14, at 11 am ET.
Markets were all over the map last week. But once again, it was energy that commanded the most attention.
Emirates Global Aluminium plans to acquire an 80% stake in Italian aluminum recycling company Eco Green.The deal marks the latest expansion for EGA.
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.
We expect markets to open on the back foot as we head into the new week. And we would not be surprised to see a good portion of Friday's losses in oil recouped once trading in Asia gets underway.