US industrial policy needs to be systematic, not just ad hoc – Part 2
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 2 Impact #5 of ad hoc industrial policy: Failing to use all required tools Industrial policy is often caricatured as just tariffs and subsidies. Mis-framed debates that evaluate the merits of tariffs in...
Can Oklahoma reshape US aluminium supply? EGA’s Ziad Fares explains the project
As the US seeks to rebuild its domestic aluminium production capacity, Emirates Global Aluminium (EGA) and Century Aluminum are advancing plans for a new primary aluminium smelter in Inola, Oklahoma, targeting more than 750,000 tonnes of annual production. In this exclusive conversation with AL...
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Canada infra roadmap creates investment opportunities; reduces import dependence of aluminium extruded products
Canadian Minister for Infrastructure and Communities, Amarjeet Sohi who is accompanying Prime Minister, Justin Trudeau on his 8-day tour in India, said yesterday in Kolkata that there is ample opportunity for Indians to participate in the North American nation’s ambitious 10-year infrastructure...
Shipments of aluminium can stock, foil, sheet and plate by the U.S. and Canada up in January 2018
According to the latest report from Aluminum Association, shipments of Aluminum Foil by U.S. and Canadian producers were slightly up YoY to 34 thousand tonnes during January 2018. Compared to the previous month, shipments increased 18.5 per cent over the December 2017 total of 29 thousand tonnes....
Ford and GM shares fall after U.S. Commerce department releases its tariff recommendations
Shares of Ford Motor Co. and General Motors Co. fell after the U.S. Commerce Department recommended higher tariff on imported aluminium and steel. The possibility of these tariffs raising the prices of raw materials for vehicles has generated concern in the market bringing down the share...
Century Aluminum’s Mt. Holly smelter power issues remain elusive despite talks
The issue of powering Century Aluminum’s Mount Holly aluminium smelter still remains unresolved. At least, that is what one can make out from the ongoing talks between the owner and the state power provider Santee Cooper. The deal signed between the two entities on December 31st last year remains...
Construction of Braidy’s new aluminium rolling mill on track
Braidy Industries has updated construction schedule of its new aluminium rolling mill in Kentucky. Senior vice president of government relations Nathan Haney said on Tuesday that the construction of mill is on track. The company expects to break the ground on the mill in the next couple of months....
Ford F150 sales numbers indicate ascending growth for the all-aluminium truck in last three years
The Aluminum Ford F150 Sales Numbers since 2014 show that over the last three years, sales numbers have skyrocketed and the aluminium trucks outsold the previous steel truck by a huge margin. This was reported in an article in torquenews.com. Ford Motor Company introduced the 2015 F150 in 2014 with...
Secondary aluminium producer Real Alloy closes its Wisconsin facility as a part of its bankruptcy filing
Aluminum and magnesium recycling company and secondary aluminium producer Real Alloy closes its Wisconsin facility as part of continuing efforts to improve efficiencies and a follow up of its bankruptcy filing in November 2017. On November 17, 2017, Real Industry and its U.S. subsidiaries have...
Ford expands its aluminium-bodied SUV production to boost profit margins and challenge GM
Ford Motor Co said on Monday it will boost production of Ford Expedition and Lincoln Navigator, their two large SUVs by 25% this year to challenge rival General Motor that is outperforming Ford financially in a highly profitable U.S. market segment. It is also expected to boost Ford’s falling...
Imports of aluminium products in North America up 23.2% YoY in 2017
According to the latest report from Aluminum Association, imports of aluminium ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) stood at 386,000 tonnes in December 2017, up 21.4% over the December 2016 total of 319,000 tonnes. Including scrap, which accounted...
Rio Tinto announces $250 million investment in its Vaudreuil alumina refinery
Metals and mining company Rio Tinto has announced that it will invest $250 million in its Vaudreuil alumina refinery, in the Saguenay–Lac-Saint-Jean region of Quebec, Canada. The investment will extend operations at the alumina refinery beyond 2020. Rio Tinto Aluminium chief executive Alf Barrios...
US Aluminum Industry testifies on final phase of aluminium foil imports investigation
The Final USITC hearing on antidumping and countervailing duty investigations by the U.S. International Trade Commission on aluminium foil imports from China took place on Thursday February 8. Aluminum Association President and CEO Heidi Brock, along with other industry leaders, testified during...
Recovery of aluminium from scrap in the U.S. up 1.4% through November 2017
According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior; the U.S. aluminium industry purchased an estimated 315,000 tonnes of aluminium scrap during November 2017. This registers a drop of 3.9% from the November 2016 total of 328,000 tonnes. USGS...
US food and beverage companies urge Trump not to impose tariffs on aluminium imports
Leading US food and beverage companies and trade associations have urged President Trump and his administration not to impose tariffs or import restrictions on primary aluminium, cansheet and scrap. The representatives have submitted a letter to the President’s office urging the same after...
Special Focus: The Quebec aluminium cluster and the growth of Quebec Aluminium Industry
Aluminium being one of the major strategic sectors for Québec and a true metal of the future has been in the priority list of the Government of Québec. The government has designed and launched the Québec Aluminium Development Strategy on June 19, 2015, in order to stimulate growth and cover all...
Aluminium from Novelis trims 200 Lbs. from new 2018 Jeep Wrangler
Atlanta’s rolled and recycled aluminium firm Novelis Inc. revealed yesterday that the firm will be supplying aluminium for use in the manufacture of the 2018 Jeep Wrangler (JL). The company said in a press release that FCA US LLC has contracted with the firm to provide aluminium for the production...
Ford's Q4 2017 results impacted by rising prices of aluminium and steel
Ford’s fourth-quarter 2017 results were out on Wednesday afternoon and report indicated that rising prices of aluminium is putting pressure on its profits. Ford’s aluminium intensive vehicles use more aluminium than its rivals and the 20% rise in price in 2017 has impacted its earnings. Aluminum...
Novelis to invest $300 million in auto aluminium sheet manufacturing facility in Kentucky
Novelis Inc. will spend $300 million in an automotive aluminium sheet manufacturing facility in Guthrie, Kentucky. The investment is the latest addition to company’s' extensive network of automotive finishing lines. The greenfield facility will have an annual nameplate capacity of 200,000 metric...
Aluminium Association reports an increase in aluminium extrusion and forging shipment in North America in 2017
According to latest report from Aluminum Association, shipments of Aluminum Extruded Products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers totalled an estimated 358.0 million pounds during December 2017, up 4.8 per cent over the December 2016 total of 341.7 million...
