This Week’s Market Buzz

•    Oil prices surged at press time after the International Energy Agency forecast lower global stockpiles in the second half of 2020, even as worries remain over a second surge in coronavirus infections in coming months. Crude prices have ticked up in the last two weeks as some countries relaxed coronavirus restrictions and lockdowns to allow factories and shops to…

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Construction Starts Show Sharp Contraction in April

Total construction starts declined 25% from March to April to a seasonally adjusted annual rate of $572.2 billion as COVID-19 and the economic recession hit the construction sector. In April, nonresidential building starts fell 37% from March, while residential dropped 25%. The decline in nonbuilding construction starts was more tepid, falling just 5% due to strong activity in streets and bridges.

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Leftwich Named President and CEO of TACA

The Texas Aggregates & Concrete Association (TACA) announced that Josh Leftwich is joining the association as its new president and chief executive officer. Leftwich comes to TACA with more than 20 years of experience in the mining and energy sectors, bringing an extensive and diverse range of knowledge in regulatory policy, legislative engagement, environmental permitting, business planning, risk management and…

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Metso Offers ‘Packed with Performance’ Webinar Series

Metso is offering a new global webinar series ‘Packed with Performance’ with dedicated streams for mining and aggregates customers. Starting in May, the webinar series will cover topics related to customer challenges, processes and applications in these industries. “With the webinar series, we will help mining and aggregate industry professionals to perform to their best and to become stronger and…

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MINExpo Canceled

May 14, 2020 – In light of the uncertainties surrounding COVID-19 and the resulting economic fallout, MINExpo, which was scheduled to take place in Las Vegas in September, has been canceled. For attendees, CompuSystems, the official registration company, will refund your registration and Award Luncheon tickets to MINExpo International 2020. When the new date is announced for 2021, you will be contacted to re-register.…

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