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: Recycle
June recycled metals market showdown
June recycled metals prices teeter amidst demand fluctuations and strategic moves.
Global recycled market shifts: What does this mean for the recycled metals industry?
U.S. gains upper hand amid Chinese pullback and volatile prices.
Impressions of the late May BIR meeting in Copenhagen and thoughts on the market
Scrap price split amid global market tensions.
Aluminum recycler Novelis to raise $945 million in IPO
The Atlanta-based company's customers include Ball Corporation, Trane Technologies and Jaguar Land Rover.
"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."
Wage growth slows amid talks of Fed rate cut
April jobs report signals wage growth slowdown, fed rate cut talks emerge.
Interest rates, weather hit Radius Recycling's earnings
“Without question, current conditions in the scrap markets remain challenging,” Tamara Lundgren, chairman and CEO, said.
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).