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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F-150 Pickups drive Ford’s Q3 2017 earnings beating expectations
Ford recently announced its third quarter 2017 results which were primary driven by its all-aluminium F-150 Pickups sale. The company reported a profit of $1.6 billion, an increase of 63% YoY. On a per share basis, the Dearborn automaker earned of 39 cents per share, beating the 33 cents per share...
North America’s primary production drops 2.2% in the first three quarters of 2017
The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported primary aluminium production in North America (U.S. and Canada) for the month of September. Production rate for the month of September was at an annual rate of 3,942,596 tonnes during September 2017. Month...
Extruded products shipments in North America slightly up in the first nine months of 2017
According to the latest report from Aluminum Association, U.S. and Canadian producers shipped an estimated 444.3 million pounds of Aluminum Extruded Products including extruded shapes, pipe & tube, and rod & bar during September 2017, up 1.4% over the September 2016 total of 437.9 million pounds....
Arconic reports improved adjusted EBITDA in Q3 2017 driven by higher volumes across all business
Arconic Inc. reported results for the third quarter of 2017 with a revenue realization of $3.2 billion, up 3% YoY, driven by higher volumes across all business segments as well as higher aluminium prices. The company reported net income of $119 million versus $166 million in Q3 2016. Excluding...
Real Alloy to restart its Kentucky UBC recycling facility on growing demand for recycled aluminium
According to a September report, Real Industry Inc., Sherman Oaks, California made an announcement that its subsidiary Real Alloy Holding Inc. would restart its used beverage container (UBC) recycling operation at its Morgantown, Kentucky, facility, which was idled since December 2015. However, the...
US export of aluminium tubes and pipes expected to drop faster than import in 2017
Tubes and pipes are two aluminium extruded products that have wide uses across a number of sectors. The most common aluminium alloys used for tubing and pipe are 2024, 3003, 5052, 6061, 7075. USA has a big demand for aluminium pipes and tubes which has a flourishing end use market in aerospace,...
Braidy Industries to shift its aluminium rolling mill location to EastPark
On Tuesday October 18, Braidy Industries announced that the location for its $1.3 billion aluminium rolling mill would shift from South Shore to the EastPark industrial site in Greenup and Boyd counties. As said by Braidy officials, this decision was based on an analysis of the South Shore...
Orders for flat roll products in North America drop 5.4% in September
The Aluminium Association’s “Index of Net New Orders of Aluminum Mill Products” for September reports that orders for mill products dropped in September month on month. Orders for flat roll products (sheet, plate, can stock and foil) dropped 5.4%. Estimated net shipments of Aluminum Sheet and Plate...
Trump administration may include steel & aluminium in NAFTA autos rules: sources
The Trump administration seeks to include steel, aluminium and other basic materials under North American Free Trade Agreement (NAFTA) rules. The U.S. wishes to use NAFTA to boost these industries. The government wants to propose strict use of North American-made steel, aluminium, copper and...
Alcoa reaches early termination agreement for power contract tied to curtailed Rockdale smelter in Texas
Alcoa Corporation, a global leader in bauxite, alumina and aluminum products, today announced that the Company and power provider Luminant Generation Company LLC have terminated the electricity contract tied to Alcoa’s Rockdale Operations in Texas. The smelter at Rockdale has been fully curtailed...
Aluminum Association North America announces new leadership and board members
The Aluminum Association recently announced membership growth, additions to its Board of Directors and the election of its first woman chair. The association also announced the winner of the 2017 Marlan A. Boultinghouse Award, the highest award given by the North American industry. The...
North American aluminium demand up through the first seven months of 2017
According to the preliminary estimates from Aluminum Association Monthly report aluminium demand in the United States and Canada (shipments by domestic producers plus imports) totalled an estimated 7.2 million tonnes through the first seven months of 2017, up 4.2% over the same period last year....
Aluminium recovery from scrap on the rise in the U.S. YoY
According to aluminium recycling statistics published by the U.S. Geological Survey and Department of Interior, the U.S. aluminium industry purchased an estimated 732 million pounds of aluminium scrap during July 2017, slightly up from the July 2016 total of 725 million. USGS estimates that...
Canada’s alumina imports to surge in H2 2017
Canada imported $399 billion worth of goods in 2016. China is the second largest exporter of goods to the country. Canada imported 253 tonnes of alumina from China during the first eight months of this year. The top alumina exporting countries to Canada are Brazil, Australia, and Jamaica in 2016....
GF Linamar inaugurates its aluminium die- casting facility in US
GF Linamar, a joint venture between GF Automotive and diversified manufacturing expert Linamar Corporation, inaugurated its new high-pressure die-casting facility focuses on lightweight solutions in aluminium and magnesium for the automotive industry. Josef Edbauer, President of GF Automotive,...
Global activated alumina market to be valued at US$1.32 bln by 2025
According to a recent study by Grand View Research Inc., the global activated alumina market is projected to reach US$1.32 billion by 2025 growing at a CAGR of 5.4 per cent. Growing demand from key end-user industries such as, Water Treatment, Oil & Gas will drive the growth in the market. A robust...
Aluminum Association honors Representatives Bucshon, DelBene at its annual meeting
The Aluminum Association honored U.S. Reps. Larry Bucshon (R-IN-8) and Suzan DelBene (D-WA-1) with its Legislator of the Year awards for 2017. The members, who serve as co-chairs of the bipartisan Congressional Aluminum Caucus, received the recognition during a Monday night reception in conjunction...
Hurricane Irma drives aluminium scrap intake in Lee County
Hurricane Irma which has left behind heaps of twisted metal and busted appliances has indirectly caused an increase in aluminium scrap intake in the scrap yards in Lee County. Mountains of metal debris are pouring in every day in the local scrap yards. All Scrap Recycling is one of the few scrap...
