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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Aluminium demand in North America up in March and through Q1 2017
<p>According to the preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada (shipments by domestic producers plus imports) stood at an estimated 6,798 million pounds for Q1 2017, up 3.3percent over the same period of 2016. Demand for semi-fabricated...
ABx is selling into the strengthening cement & fertiliser markets until Chinese demand recovers
<p>Current trends in the metallurgical grade Chinese markets are encouraging and ABx is beginning to engage with potential customer refineries – but current prices still need to rise a bit yet.</p> <p>In the meantime, ABx will grow its bauxite business by supplying cement-grade bauxite for...
Week in Review: LME aluminium price rise, new projects and improved results make headlines
<p>Primary aluminium industry was abuzz with some good news this week. Aluminium prices on London Metal Exchange picked up on steady demand. A weak dollar and rising crude oil prices gave the light metal the much needed support to reverse its recent downtrend. LME aluminium which closed at US$1,943...
LeEco may ditch Electric Vehicle project in U.S.
<p>Early 2016, LeEco formed a U.S. subsidiary, Faraday Future, to build a $1 billion electric vehicle plant in Nevada and the company founder Jia Yueting continued to move forward with the plan despite the cash crunch.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
Tri-Arrows to invest in aluminum cold rolling mill in Logan County, Kentucky
<p>Tri-Arrows Aluminum Inc., a supplier of rolled aluminum sheet for beverage cans and automotive uses, will invest $125 million to build a cold rolling mill at Logan Aluminum Inc. in Kentucky which is expected to create 60 jobs in the western part of The Blue Grass State. The project aims to cater...
Southwire introduces aluminium cable for down-tower applications
<p>Southwire Company, LLC, North America’s leading manufacturer of wire and cable used in the distribution and transmission of electricity, has introduced a new multi-strand aluminium cable that would be used for down-tower wind turbine applications. The USP’s of the new product...
Aluminium product shipments in North America up in April; extrusion, rod & bar shipment drop
<p>According to the latest Aluminum Association report, shipments of Aluminium Powder and Paste to domestic markets by domestic producers, including imports by domestic producers stood at 7.08 million pounds during April 2017, an increase of 57% YOY. On a month on month comparison, shipments rose...
Canada to witness drastic fall in aluminium scrap export in 2017
<p>Canada is the fourth largest producer of aluminium in the world and the second largest exporter after Russia. The country is the fifth largest scrap exporter, the US being the first. </p> <p>{newsStudioGallery}</p> <p>The worldwide demand for secondary aluminium is increasing...
Jilin Midas Aluminium Industries clinches 13 contracts worth RMB521m
<p>Midas Holdings subsidiary Jilin Midas Aluminium Industries has secured 13 PRC and international supply contracts. The new contracts are for the projects in Canada, the United States, Saudi Arabia, Italy, Holland, Germany and China. The combined value of these contracts is around RMB520.9...
Primary aluminium production in North America drops further in 2017
<p>The Aluminum Association, in cooperation with the Aluminium Association of Canada, reported that primary aluminium production in North America (U.S. and Canada) was at an annual rate of 3,965,579 tonnes during April 2017. This registers a drop of 11,897 tpy (-0.3%) from the March 2017 rate of...
Crown opens new facility to produce aluminium cans in US
<p>Crown Holdings Inc., a leading supplier of beverage packaging, food packaging, aerosol packaging, metal closures, and specialty packaging product, opened a new beverage can manufacturing plant in Nichols, New York. The facility will produce two-piece aluminium cans in a range of sizes. The...
Real Industry reported increased sales volume and revenue in Q1 2017
<p>Real Industry, Inc. a holding company that focuses on the operations of Real Alloy Holding, Inc. (Real Alloy), which is engaged in aluminium recycling, reported financial results for the first quarter of FY 2017. The Company's segments include Real Alloy North America (RANA) and Real Alloy...
Constellium celebrates opening of its new plant for advanced aluminium automotive structures in Georgia
<p>Constellium N.V. announced today the grand opening of its new plant in White, Georgia, dedicated to the production of advanced aluminium automotive structural components and crash management systems. The 135,000 sq. ft. facility is strategically located to supply automakers in the Southeast U.S....
Elliott Management claims Arconic faced loss by sharing its aluminium patent for Ford-150
<p>Elliott Management, which is now fighting for ownership of Arconic, alleges that Alcoa is paying a huge price for its contract to supply aluminium for Ford Motor Company’s F-150 pickup.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
Aluminum Association’s “2017 North America Aluminum Industry Plant and Press Directories”
<p>The Aluminum Association has recently released the 2017 edition of the North America Aluminum Industry Plant Directory and the North America Aluminum Industry Extrusion Press Directory.</p> <p>The Plant Directory covers 485 plants while the Extrusion Press Directory covers 204 plants, operating...
Patrick Industries acquires three marine manufacturing companies of LPE
<p>Patrick Industries, a major manufacturer of component products and distributor of building and construction products serving multiple industrial sectors has announced the complete acquisition of Leisure Product Enterprises, LLC at an approximate price of $73.5 million. LPE is a holding...
Apogee to acquire aluminium window company for $195 million
<p>EFCO, a leading U.S. manufacturer of architectural aluminium window, curtainwall, storefront and entrance systems, will be acquired by Apogee Enterprises, Inc. (APOG). APOG announced that the company has reached an agreement to purchase 100 per cent of the stock of privately-held EFCO...
Toyota’s aluminium plans to remain unaffected by Trump’s trade remedies
<p>With Trump administration initiating trade remedies against steel and aluminium imports, automakers are developing concern about the increase in material cost. Toyota Motor Corp., which is considering the use of aluminium in their car bodies, says that they would face only a minor risk of...
