Leibowitz: Is protectionism working for steel?
After seven years of unprecedented protection, it’s past time to assess the results.
After seven years of unprecedented protection, it’s past time to assess the results.
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The index had briefly showed expansion in March, but has indicated a contracting manufacturing sector for 17 of the last 18 months.
Only three districts reported growth for the manufacturing sector: Atlanta, Philadelphia, and St. Louis.
“Without question, current conditions in the scrap markets remain challenging,” Tamara Lundgren, chairman and CEO, said.
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.
Pittsburgh-based aluminum company Alcoa wants to acquire its Australian partner, Alumina Limited, in an all-stock deal valued at $2.2 billion.