AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
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...
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Oswego port saw a rebound in aluminium shipment in September
<p>According to the St. Lawrence Seaway Development Corp., average shipping this season on the Great Lakes-St. Lawrence Seaway system dropped from the last season, although recent shipments of aluminium, grain and iron ore boosted the sea traffic in September.<br /><br />YTD cargo shipments for the...
Mayor of Swoyersville plans raising funds through aluminium cans collection for recycling
<p>Mayor of Swoyersville in Luzerne County, Pennsylvania, Chris Concert is asking borough residents to “get off their cans” and start collecting them — aluminium ones, that is — to raise money for upcoming holiday events. <br /><br />Concert who succeeded long time mayor...
2017 Ford F-150 Super Duty aluminium-body pickup wins Truck of Texas award
<p>Ford Motor Co.’s best-seller 2017 Ford F-150 Super Duty has bagged the popular “Truck of Texas” award ideated by the Texas Auto Writers Association. The aluminium-body pickup truck managed to snag the top award at the 2016 Texas Truck Rodeo, where a host of other Ford vehicles...
Aluminum Extruders Council releases EPDs for extruded component
<p>The Aluminum Extruders Council (AEC) has released the most comprehensive industry-wide set of Environmental Product Declarations (EPDs) for aluminium extrusions manufactured in the United States and Canada.<br /><br />The EPDs quantify the ‘cradle-to-gate’ lifecycle environmental...
Alcoa stocks close down sharply on missed Q3 profit, lower prices
<p>The NYSE-listed stock of US lightweight alloys specialist Alcoa on Tuesday closed down 11.42 per cent at $27.91 apiece after the company reported third-quarter results falling short of analyst expectations.<br /><br />Despite reporting a higher net profit of $166-million, or $0.33 a share, which...
Alcoa Arconic segments reported combined YoY profit growth in Q3 2016
<p>The global lightweight metals major Alcoa reported third quarter 2016 results today. Arconic segments reported combined year-over-year profit growth despite near-term market challenges. Revenue totalled at $3.4 billion, ATOI $267 million, and adjusted EBITDA $517 million during the period under...
Innovative die cast design improves productivity and wins award
<p>Innovative features such as Quiet Power Technology™, Just Check & Add™, and Mow N' Stow® have helped build on Briggs & Stratton Corporation's reputation for quality, value and performance. However, at Briggs & Stratton, innovation runs deeper than the finished...
AEC stands up for the U.S. aluminium industry during Aluminum Week
<p>During Aluminum Week held in Washington, DC, The Aluminum Extruders Council (AEC) together with the Aluminum Association put forward the U.S. aluminium industry’s voice in front of the government. </p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
JW Aluminum announces price increase in their cast products
<p><span>JW Aluminum announces a conversion price increase of three cents ($0.03) per pound on all continuous cast products.</span></p> <p><span>The price increase applies to all new orders placed on or after Wednesday, October 12, 2016. JW Aluminum will honor contractual pricing...
Aluminum Association announces new leadership during annual meeting
<p>The Aluminum Association announced an expanded leadership team and additions to its Board of Directors during “Vote Aluminium” – its annual member meeting in Washington, D.C.</p> <p>“This is a pivotal time for the domestic aluminium industry – with tremendous demand...
Aluminium plants in NY hurt by 'predatory' China trade practices: Charles Schumer, U.S. Senator
<p>According to a latest media update, U.S. Senator Charles Schumer pressed the International Trade Commission to take action against the alleged wrong trade practises by foreign metal producers especially China. He is concerned about the "predatory" trade practices damaging the business...
U.S. and Canada made a net aluminium shipment of 15,854 million pounds through August 2016
<p>According to the preliminary estimate of The Aluminum Association, for the month of August, U.S. and Canada shipped 463.0 million pounds of Aluminium Extruded Products (extruded shapes, pipe & tube, and rod & bar). This is an increase of 4.3 per cent over the August 2015 total of 444.1...
Trending aluminium industry events to be attended in October 2016: Part I
<p>The month of October is another eventful month for the global aluminium industry, the end user segment and the other allied industries. The holiday season is approaching and the industry is busy wrapping up the event season in the coming two months. AlCircle picks twenty most relevant events...
Noranda obtains court approval to sell aluminum smelter and facilities in New Madrid, Missouri to ARG International AG
<p>Noranda Aluminum Holding Corporation today announced Court approval for the sale of the Company's aluminum smelter and facilities in New Madrid, Missouri, to ARG International AG for a purchase price of $13.7 million. The Court approval follows an auction that took place on September 28, 2016....
Alcoa board approves demerger, after Alumina peace deal
<p>Alcoa’s board has approved the New York Stock Exchange-listed aluminium giant’s demerger into two public entities, scheduled to come into effect on November 1.<br /><br />Spin-off Arconic will provide high-performance materials and engineered products to the aerospace and automotive...
Reynolds to expand its Louisville wrap aluminium foil unit
<p>Reynolds Manufacturing has announced plans of expansion at its west Louisville wrap aluminium foil manufacturing plant that would add up to 50 jobs.</p> <p>According to an official release, the company received approvals from the State officials on Thursday for an economic development subsidy...
Rolled aluminium can sheet maker Tri-Arrows Aluminum opens new office in Kentucky
<p>Tri-Arrows Aluminum Inc., which has brought $500 million in industrial expansion to Warren and Logan counties in recent years, established a satellite headquarters office on the third floor of Bowling Green's historic Pushin Building.</p> <p>Tri-Arrows is a subsidiary of the UACJ Corporation...
Sherwin to close its Gregory alumina refinery on Friday
<p>Glencore subsidiary Sherwin Alumina is poised to down the shutters of its alumina refinery in Gregory, Texas, said a union official on Friday. A federal bankruptcy judge has allowed more time to the 1.65 million mt/year operations to wind down its operations. The alumina refiner has accordingly...
