Economy
Construction, auto sectors show mixed signals
While automakers ramped up output in the U.S. last month, new auto sales declined year on year in February.
More in Economy
Sims’ late 2024 earnings decline from 1 year earlier
Recycling company’s CEO calls it “a strong performance against a challenging market.”
Apple to build manufacturing facility in Texas
The planned 250,000-square-foot factory in Houston would be part of a $500 billion domestic capital expenditure program announced by Apple.
RMDAS figures show February surge in recycled steel’s value
Prompt scrap grades have gained the most value in the first six weeks of 2025, according to MSA Inc.’s RMDAS price tracking data.
US economic indicators show signs of wavering
Metal service center shipments, automotive production and architectural billings all start the year on a downward note.
Winter supply hiccups spur ferrous price boost
Prices are up but volumes are declining as winter weather whips through the United States.
Global steel output down slightly in 2024
Output in nations reporting to the World Steel Association dropped by 0.9 percent last year compared with 2023.
Radius posts quarterly loss in summer months
Recycling and steelmaking firm narrows its losses compared with the prior quarter; adds former Dow executive as a board member.
Nucor sees slimmer Q3 profits
Steelmaker cites lower selling costs for its products as a leading factor in narrower profits, along with noncash impairment charges.
CMC earnings down from 1 year ago
Metals company’s CEO says its June to August results were hampered by weaker sentiment that negatively influenced steel product pricing and margins.
ABC: Record rebound in construction job openings in August
Industry job openings increased by 138,000 last month but are down by 16,000 from the same time last year.
