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Seven of Connecticut s notable leaders in the Greater Hartford and Greater New Haven regions will be honored by Junior Achievement of Southwest New England at the Virtual Business Hall of Fame event on Thursday, April 8, 2021. The prestigious annual event recognizes business and community leaders for significant contributions to the prosperity and quality of life of their region and the state.
The 40th annual Business Hall of Fame Induction Ceremony is being held virtually for the first time this year. Being honored at the Junior Achievement Business Hall of Fame are:
Greg Barats, President and Chief Executive Officer, Hartford Steam Boiler
Aluminum demand makes for a seller s market
The tide has turned in favor of aluminum scrap generators and processors.
In the aluminum scrap sector, contacts report that it’s a seller’s market as generation remains somewhat lighter than normal, though demand has picked up. In the red metals sector, however, sources said demand was somewhat more tepid as 2020 drew to its end.
Aluminum on the rise
“Consumers want to ensure a steady flow of material heading into 2021,” says Chad Kripke, executive vice president of Kripke Enterprises Inc., Toledo, Ohio. The company is a nonferrous scrap brokerage firm that specializes mainly in aluminum. “There is a larger than normal mix of sellers who decided to weigh heavier on the spot market versus contract business for 2021,” he adds. “Scrap processors are feeling confident that 2021 will be the year to regain some leverage. With spreads remaining tight, it is still a seller’s market for the foreseeable future.”
Construction & Demolition Recycling
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In the aluminum scrap sector, contacts report that it’s a seller’s market as generation remains somewhat lighter than normal, though demand has picked up. In the red metals sector, however, sources said demand was somewhat more tepid as 2020 drew to its end.
Aluminum on the rise
“Consumers want to ensure a steady flow of material heading into 2021,” says Chad Kripke, executive vice president of Kripke Enterprises Inc., Toledo, Ohio. The company is a nonferrous scrap brokerage firm that specializes mainly in aluminum. “There is a larger than normal mix of sellers who decided to weigh heavier on the spot market versus contract business for 2021,” he adds. “Scrap processors are feeling confident that 2021 will be the year to regain some leverage. With spreads remaining tight, it is still a seller’s market for the foreseeable future.”