Q1 Construction Part Two: Large contractors, megaprojects show stronger activity
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
Construction indicators strengthened entering Q2, though most momentum was concentrated in data centers and infrastructure projects.
Nexans plans to acquire Republic Wire to expand its US low-voltage wire and cable business.
A fragile two-week ceasefire has been struck been struck between the US and Iran. But much damage has already been done in the six weeks since strikes began.
Rio Tinto's aluminum supply agreement with Prysmian highlights tightening redraw rod availability in North America as tariffs, smelter closures and cable demand reshape supply.
Chinese firm GCL is exploring a 3 milllion-ton-per-year aluminum smelter in Nigeria, but historical failures and questionable capex estimates raise doubts.
The Oklahoma aluminum smelter project backed by Emirates Global Aluminium and Century Aluminum appears to be advancing toward a power deal, though elevated electricity costs and high Midwest premiums continue to complicate the economics.
A look at Alcoa's idled US smelter and refinery sites shows how electricity economics and capital discipline are reshaping industrial redevelopment toward data center infrastructure.
Alcoa Corp. plans sell 10 of its closed or curtailed sites to one of the aluminum industry's biggest competitors for electricity: the data center industry.
The smelter had been the largest domestic source of high-purity primary aluminum used in aerospace and defense applications—arguably falling under the national security rationale of Section 232.