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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US beverage industry lobbying against tariff on can sheets
<p>Trump administration’s protective policies that claim to boost the struggling U.S. industries and protect national security may create wide-ranging repercussions like increase in the price of beer and soda cans.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Global aluminium casting market estimated to grow at a CAGR of 5.87% during 2017-2021
<p>The global aluminium casting market is slated to grow at a CAGR of 5.87% CAGR during the period 2017-2021, reveals data published in a recent report by Marketstudyreport.com. Automobile industry and OEM manufacturers will drive the demand for aluminium casting during the forecast...
The U.S. reports 3.5% increase in scrap aluminium recovery in the first five months of 2017
<p>According to the latest Mineral Industry Survey from U.S. Geological Survey and recycling statistics published by Department of Interior, the U.S. aluminium industry purchased an estimated 361,059 tonnes of aluminium scrap during May 2017, up 2.3% over the May 2016 total of 352,894 tonnes. The...
Aluminium producer to expand its plant with $8.3 million investment in Kentucky
<p>Audubon Metals LLC, located in Henderson, Kentucky, is ready to expand its Henderson plant with $8.3 million investment. This would lead to the creation of 39 full-time jobs. The expansion will add production capacity to meet the growing market demand.</p> <p>Governor of Kentucky Matt Bevin...
Aluminium demand and apparent consumption up in North America through May 2017
<p>According to the preliminary estimates published by Aluminium Association indicate that aluminium demand in the United States and Canada that includes shipments by domestic producers plus imports increased 4.2% YoY to stand at 11,538 million pounds in the first five months of 2017.</p> <p...
Aluminium foil packaging market to chart steady growth in emerging economies
<p>According to a new report by Transparency Market Research, the global aluminium foil packaging market is projected to witness a steady stable growth due to increasing demand and consumption of consumer goods in the emerging economies. The aluminium foil packaging market is expected to grow at a...
Aluminium Association reports rise in North American aluminium product shipments in June
<p>According to the latest report from Aluminum Association, shipments of aluminium powder and paste by domestic producers in the U.S. and Canada, including imports stood at 7.41 million pounds during June 2017, up 2.9% YoY. On a month on month comparison, shipments were off 7.0% from May...
The U.S. almost halves its bauxite imports in Q1 FY 2017-18, volume down by 47% YoY
<p>Bauxite imports by the U.S. in the first quarter of the current financial year have dropped both quarter-on-quarter and year-on-year, reported U.S. geological Survey in their latest Mineral Industry Surveys report. The imports of dried and crude bauxite in Q1 FY2017-18 totalled 790,000 tonnes,...
Primary Aluminium production in North America drops in June, export up significantly
<p>The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported that the annual rate of primary aluminium production in North America (U.S. and Canada) was at 3,928,033 tonnes during June 2017, which is down 0.6% from the May 2017 rate of 3,950,536 tonnes.</p> <p>The...
Aluminium foil and can stock shipments in North America drop in June; sheet and plate shipments up
<p>According to the latest reports from Aluminum Association, estimated net shipments of Aluminium Sheet and Plate by U.S. and Canadian producers were up in June 2017. Domestic producers shipped 750.5 million pounds of Aluminium Sheet and Plate during June 2017, a rise of 2.9 % over June 2016....
U.S. exports 609,148 tonnes of aluminium scrap in January-May 2017, China being the top importer
<p>The shipments of aluminium scrap by the USA, the world’s largest aluminium scrap exporter, increased during the first five months of 2017. According to the latest data released by the US Census Bureau and US International Trade Commission, the USA’s exports increased 13 per cent from...
Missouri new governor sees the possibility of reopening of closed Noranda smelter
<p>The reopening of aluminium-smelting operation at the closed smelter of Noranda was the first topic of discussion in the first special session of the Missouri Gov. Eric Greitens in May.</p> <p>The smelter had been southeast Missouri’s largest employer. However, after that, there’s...
Sapa announces results for Q2 2017; the best quarterly performance in company history
<p>Sapa, a joint venture of Norsk Hydro, yesterday announced result for the second quarter of 2017. The company’ EBIT for the second quarter stood at NOK 914 million, a significant improvement over the same period last year. Underlying EBIT for the first half of 2017 also improved compared to...
Constellium supplies 10 millionth auto part to Ford Motor Company
<p>Constellium N.V announces today that it has delivered its 10 millionth part to Ford Motor Company. A provider of aluminum structural components for the Ford F-150 and Super Duty trucks, Constellium will also supply the all-new Ford Expedition starting in Fall 2017.</p> <p style="text-align:...
U.S. automakers concerned over the possibility of tariff hike on imported aluminium and steel
<p>The U.S. automakers and suppliers are concerned about a possible decision to impose steep tariffs on imported steel and aluminium predicated on national security reasons, leading to higher costs and sale loss to foreign competitors.</p> <p style="text-align: center;"><img style="vertical-align:...
Ohio based scrap brokerage firm moves up the value chain: Acquires Mid South Aluminium
<p>Ohio based nonferrous scrap metal brokerage company Kripke Enterprises Inc. (KEI) has acquired aluminium coil distributor Mid South Aluminium Inc. The Jackson, Tennessee based company from now on will operate as a business division of KEI while retaining its original name.</p> <p>Commenting on...
Alcoa to restart a part of aluminium smelter at Warrick Operations
<p>Alcoa Corporation announced that it has proposed to restart three of five potlines, which were closed in March of 2016, at its Warrick Operations aluminium smelter near Evansville, Indiana. The company said that it would improve the competitiveness of the on-site rolling mill. The process is...
Ensinger bags major order for aluminium profile insulbar from Western Windows Systems
<p>The leading insulbar insulating profiles manufacturer Ensinger has announced the receipt of a major order from Western Windows Systems for North America. The company which equips the Series 7000 aluminium-framed moving glass walls, doors and windows from Western Window Systems with insulbar has...
