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04 Apr
22:31

Radius foresees scrap-market rebound after quarterly loss widens

Radius Recycling is detecting near-term challenges in business conditions but also signs of improvement, Kallanish learns from the company’s quarterly earnings webcast. Chairman and chief executive officer Tamara Lundgren offers hope for a positive turn in manufacturing activity. This comes from a March 2024 reading on US purchasing manager data that rose into expansion territory for the first time in 16 months. "Scrap supply flows should benefit from …
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