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Shipbuilder Importing South Korean Techniques to American Yard​

PHILADELPHIA, Pa. – On the banks of the Delaware River, a bright orange crane visible from the interstate stands above the remnants of a once bustling naval shipyard district.

The crane – recently painted with the logo of its new South Korean owners – symbolizes an ambitious revolution in shipbuilding that could take place here, pending major investments in workforce and infrastructure and demand from the U.S. government and commercial industry.

Korean-owned Hanwha purchased the Philly Shipyard late last year for $100 million from its Norwegian owners, renaming it Hanwha Philly Shipyard.

Since then, the company has increased the number of people working in the yard by 600 as it gears up for an expansion into U.S. Navy shipbuilding, chief executive officer David Kim told USNI News during a visit to the yard this month.

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Markets Now Closes 8-1-25 Grains End the Week Lower: Is There Any Hope for the Market?​

Aug 1, 2025
Bryan Doherty, Total Farm Marketing


11:10
 

Farm Journal Report: Behind The Numbers on Used Equipment​

Aug 1, 2025


7:43
 

Yes, Cattle Were Actually Higher! With Eric Relph​

Aug 1, 2025
Eric Relph of Comstock Investments breaks down the biggest market shifts of the week in this insightful episode of the CommStock Channel. Covering everything from grains and cattle to metals and equities, Eric explains how weather patterns, tariffs, and job reports are shaping the current landscape.
Looking for clarity in a complex market? This episode is packed with valuable takeaways for ag producers, traders, and investors alike.


9:06
 

Take Five: Quicksand​

(Reuters) -As Donald Trump's latest round of tariff turmoil ripples through markets and the global economy, U.S. company results continue to trickle in, policymakers in Britain and Mexico decide on rates, and oil exporting countries meet to adjust output quotas.

Here's your weekahead from Bill Schomberg and Karin Strohecker in London, Kevin Buckland in Tokyo and Alden Bentley in New York.

More:

https://www.msn.com/en-us/money/markets/take-five-quicksand/ar-AA1JIcEy?ocid=BingNewsSerp
 

Why Manufacturing Is So Hard In The U.S.​

Aug 4, 2025 #CNBC
Today, a little over 12.7 million Americans work in manufacturing. But in the 1970s, that number was nearly 20 million. Over the years, globalization and lowered trade barriers have resulted in cheaper labor abroad and closed factories in America. But as President Trump pushes to revitalize manufacturing through tariff policy, economists and trade experts are divided on whether a manufacturing renaissance makes sense for the U.S., which has evolved to a service-based economy. Others say the benefits of onshoring go beyond price: shorter shipping times, better quality control, and supply chain agility, among other advantages. To better understand the challenges and possibilities of bringing manufacturing back to the U.S., CNBC visited a Midwestern bike maker shifting its supply chain from China to the U.S.


13:15

Chapters:
- 0:00 – Introduction
- 1:53 – Guardian Bikes
- 5:20 – U.S. manufacturing decline
- 10:37 –Finding workers
 

Dow rebounds nearly 600 points and wipes out Friday’s loss, S&P 500 ends four-day losing run​

Stocks jumped Monday as investors clawed back the steep losses seen in the previous session that were sparked by concerns over the U.S. economy and a new round of tariffs from the Trump administration.

The Dow Jones Industrial Average soared 585.06 points, or 1.34%, to close at 44,173.64 and wipe out Friday’s big sell off. The S&P 500 advanced 1.47% to end at 6,329.94, snapping a four-day losing run and posting its best session since May. The Nasdaq Composite surged 1.95% to settle at 21,053.58.

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Stock futures jump after Trump’s chip tariffs have broad exemptions: Live updates​

Stock futures rose Thursday, led by tech, as President Donald Trump unveiled new chip tariffs that include broad exemptions.

Futures tied to the Dow Jones Industrial Average added 247 points, or 0.6%. S&P 500 futures and Nasdaq 100 futures advanced 0.6% and 0.8%, respectively.

Trump announced late Wednesday that there would be a 100% tariff on imported chips, but not for companies that are “building in the United States.”

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Weekly scrap market report

Copper Chaos: $5.60 Spike Followed by Major Price Drop – What Happens Next?​

Streamed live 23 hours ago
📈 Check Scrap Prices: https://iScrapApp.com/ - Join us for the August 6, 2025 Weekly Scrap Report as we unpack a turbulent week in the scrap world. Copper markets led the headlines with wild volatility, throwing off pricing models and causing headaches for sellers across the board. Meanwhile, aluminum shows quiet strength, ferrous remains flat, and catalytic converters hold firm despite a dip.
👉 Read more: https://iscrapapp.com/blog/weekly-scr...


20:54
 
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