Interest rates, weather hit Radius Recycling's earnings
“Without question, current conditions in the scrap markets remain challenging,” Tamara Lundgren, chairman and CEO, said.
Tag: Non-ferrous
Supply chain disruptions and interest rate predictions shake markets
Recent events, such as the Francis Scott Key Bridge collapse, have caused disruptions in supply chains.
Non-Ferrous Spreads
Spreads were widening towards the end of March but looks to be slight retreat to start the April.
RMU survey: Ferrous scrap prices seen flattening in April, while non-ferrous scrap prices are on the rise
For April, a majority of respondents said they expect ferrous scrap prices to rise.
DOE to fund up to $934.6M in aluminum, copper decarb projects
The projects are part of a larger, $6-billion DOE agenda funded by the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act (IRA).