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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Secondary aluminium producer Real Industry U.S. files for bankruptcy; awaits DIP financing
On November 17, 2017, Real Industry and its U.S. subsidiaries have filed for voluntary bankruptcy. The company also confirmed that they received interim approval from the U.S. Bankruptcy Court for all of the “first day” motions related to their filings. The secondary aluminium producer expects to...
Arconic to install a new horizontal heat treat furnace at Davenport Works facility
Arconic announced Monday that it will install a new horizontal heat treat furnace at its Davenport Works facility in Iowa. Heat treatment is a step in the production of high-strength product intended for large aerospace and industrial applications. The construction on the $137 million furnace...
North America’s can stock shipments up in October, foil shipments register a drop
According to the latest foreign trade data from Aluminum Association, as derived from the U.S. Bureau of the Census, despite two consecutive drops month-on-month, U.S. aluminium imports were still up 25% YTD through September in comparison to the same period of 2016. Domestic shipments of can stock...
Aluminium Christmas tree exhibition lets visitors relive history and experience nostalgia
Keeping the tradition alive, the Wisconsin Historical Museum once again presented “Ever Gleaming: The Enduring Love Affair with the Aluminum Christmas Tree” exhibition starting on Black Friday, Nov. 24 and Jan. 13, 2018. “These aluminum trees appealed to a space-age notion of modern living,” notes...
BOCAR to build automotive manufacturing facility in Alabama
German automotive supplier BOCAR announced that the company will build a new facility with an investment of $115 million in Huntsville. BOCAR manufactures high pressure aluminium die casting, plastics and machining for automotive companies like Toyota, Ford, GM and many others. Gerd Dressler, CFO...
Aleris’ newly opened automotive body sheet facility in Lewisport expected to boost its automotive volume
Aleris announced commissioning of its aluminium automotive body sheet production facility in Lewisport, Kentucky. The project with an investment of $400 million is designed by Aleris to meet growing North American automotive demand. Automotive industry is slowly shifting to aluminium from steel for...
USA remains the top aluminium foil exporter to Mexico in last three years
The U.S. Commerce Department has decided to impose tariffs ranging from 97 per cent to 162 per cent on Chinese made aluminium foil increasing it from the already existing 81% rate that the administration had imposed in the summer. However, Canada and Mexico have not imposed any such restrictive...
Novelis brings its high-formable advanced automotive aluminium alloy to North America
Novelis, the world leader in aluminium rolling and recycling, announced that after the successful application in Europe its Advanz™ 6HF - e/s200 aluminium alloy is now available in North America. This heat-treatable automotive alloy offers greater design flexibility because of its superior...
Aluminium imports in North America were up 25% in the first three quarters of 2017
The Aluminum Association, in cooperation with the Aluminium Association of Canada reported that the total primary aluminium production in U.S. and Canada was at an annual rate of 3,947,875 tonnes during October 2017, up 5,279 tpy (+0.1%) over the September 2017 rate of 3,942,596 tonnes. The...
U.S. aluminium foil converters concerned over the ripple effects of extra tariffs on Chinese foils
The U.S. Commerce Department has decided to impose tariffs ranging from 97 per cent to 162 per cent on Chinese made aluminium foil increasing it from the already existing 81% rate that the administration had imposed in the summer. Industry experts from the U.S. are of the view that the measure will...
Quebec aluminium delegation visits India to meet industry majors & discuss new business opportunities
A press release from Bureau du Québec à Mumbai confirms that a delegation of four Quebec aluminium companies and AluQuebec, the apex business cluster of Quebec in the Aluminium sector is in India for the period from 9th to 15th November 2017 to meet Indian aluminium majors and to discuss new...
Aleris continues with loss in Q3 2017; adjusted EBITDA drops due to lower volume
Aleris Corporation today reported results for Q3 and first nine months ended September 30, 2017. The company reported net loss of $66 million compared to net loss of $22 million in Q3 2016. Adjusted EBITDA stands at $46 million compared to $53 million in Q3 2016. Operational cash stood at $43...
U.S. aluminium recovery from scrap up YoY through August, export registers 12.8% rise
According to aluminium recycling statistics published by the U.S. Geological Survey and Department of Interior, the U.S. aluminium industry purchased an estimated 370,000 tonnes of aluminium scrap during August 2017, down 1.3% from the August 2016 total of 375,000 million. USGS estimates that...
North American aluminium shipment drops in September; YTD shipment slightly up YoY
According to the latest report from Aluminium Association, aluminium net shipments including exports by domestic U.S. and Canadian facilities stood at an estimated 987500 tonnes during September, off 5.6 per cent from the September 2016 total of 1 million tonne. Shipments of aluminium mill products...
Shiloh Industries wins 2017 NADCA Excellence Award for aluminum cast, overdrive gear carrier
An industry leader in lightweighting, Shiloh Industries, Inc. was recently honored at the 2017 International Die Casting Design Competition with an Excellence Award for the development of an aluminum cast, overdrive gear carrier. The North American Die Casting Association (NADCA) recognized the...
NAFTA talks causing business uncertainty: Rio Tinto executive
The current state of talks to update the NAFTA trade pact is creating uncertainty among businesses and could hurt investments and growth, Rio Tinto Aluminium chief executive Alf Barrios said on Wednesday. Canada and Mexico say several U.S. proposals for modernizing the North American Free Trade...
Trimet seeks partner for automobile aluminium products business
Trimet Aluminium is seeking a partner for its automobile aluminium products business. The automobile parts business has an annual production of about 13 million. Executive board member Thomas Reuther told Reuters that the company has annual sales of about 200 million euros ($232 million). “We are...
Danieli to equip Logan Aluminum with new advanced cold rolling mill
Daniel, a supplier of cold mills plants to the metal industry, has received an order from Logan Aluminum for supply of the world’s most advanced and productive cold mill. The new Danieli DiamondFlex 6-High Cold Rolling Mill (CM4 designation) will be installed at Logan Aluminum, in Western Kentucky,...
