Sideway spreads with a side of supply shortage
Spreads aren't improving. Supply shortage persists.
Spreads aren't improving. Supply shortage persists.
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).
Spreads are narrowing on aluminum scrap, while remaining unchanged in copper scrap.
A joint venture that plans to produce for the automotive and general extrusion industries.
While the sale of aluminum scrap is declining, there's a surge in demand from consumers.