Category: NEWS
ReMA Sues Minnesota Over Copper Recycling Law
The Recycled Materials Association (ReMA) has filed a legal challenge against Minnesota’s new copper recycling law,…
Disappointing December Predicted for Global Ferrous Scrap Market
Ferrous scrap prices are under pressure as overseas demand weakens in key markets like Turkey, South Asia, and…
Global Stainless Steel Production Grows 6.3% in First Half of 2024, Driven by Asian and American Markets
Global stainless steel production rose 6.3% in H1 2024, driven by strong demand in Asia and North America. China, India,…
China’s Ferro-Nickel Imports Surge in September, Driven by Indonesian Supply and Stainless Steel Demand
China’s ferro-nickel imports surged in September 2024, driven by strong supply growth from Indonesia and stable demand…
Freeport-McMoRan Announces Copper Mine Expansions in Arizona and Chile
Freeport-McMoRan plans major expansions in Arizona and Chile to boost copper production, driven by rising demand…
Wabtec’s Q4 Forecast Boosted by Strong Global Locomotive Demand
Wabtec is forecasting significant profit growth in Q4 2024 due to surging global locomotive demand and…
RTX Faces Challenges in OE Deliveries Amid Supply Chain Issues but Strong Military and Aftermarket Demand Offset Losses
RTX faces challenges in original equipment (OE) deliveries due to ongoing supply chain disruptions but benefits from…
Norfolk Southern Faces Challenges in Metals and Automotive Sectors Amid Stronger Intermodal Growth
Norfolk Southern (NS), a leading Class I railroad in the U.S., is facing difficulties in the metals and automotive sectors as…
GE Aerospace Faces Supply Chain Hurdles as It Revises 2024 LEAP Engine Delivery Forecast
GE Aerospace projects a 10% decrease in LEAP engine deliveries for 2024 due to ongoing supply chain disruptions. However,…
Hemlock Semiconductor Receives $325 Million CHIPS Act Grant to Boost U.S. Semiconductor Production
Hemlock Semiconductor has been awarded $325 million under the CHIPS Act to expand its polysilicon production in Hemlock,…
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