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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SAF-West wins Business of the Year Award
As part of the Greater Redding Chamber of Commerce’s annual “2016 Winter Gala: Honoring Local Legends & Leaders” held Friday night, February 26, 2016, the Chamber presented the 2015 Business of the Year award to Southern Aluminum Finishing (SAF). Jim McClatchey accepted the award on behalf of the...
Wide aluminium Butech Bliss Cut-To-Length line installed at Champagne Metals facility
Champagne Metals, a leading aluminium service center based in Glenpool, Oklahoma, recently commissioned their new Butech Bliss state-of-the-art 111 inch wide Cut-To-Length Line at its newly constructed Middlebury, Indiana facility. This line is one of the widest aluminium Cut-To-Length lines in...
Aleris Q4 and Full-year 2015 results reflect demand growth for aerospace & automotive products
Aleris Corporation today reported results for the three months and year ended December 31, 2015. Except as otherwise indicated, all amounts reflect the divested recycling and extrusions businesses as discontinued operations. Fourth Quarter Summary • Adjusted EBITDA of $39 million, in line with the...
Gov. Nixon allocating funding for layoffs at Noranda Aluminum
Gov. Jay Nixon announced on Tuesday, March 8 that $1.7 million in resources will be allocated to assist the nearly 850 workers impacted by layoffs at the Noranda Aluminum in New Madrid. These resources, made available through the Missouri Department of Economic Development and other partner...
North America’s aluminum net shipments down in January
According to an Aluminum Association report, aluminum net shipments (including exports) by domestic U.S. and Canadian facilities totalled an estimated 1,853 million pounds during January 2016, down 3.4 per cent from the January 2015 total of 1,919 million pounds. Shipments of aluminum mill products...
Accuride adds ROI calculator to mobile app
Accuride Corporation- a leading supplier of components to the North American and European commercial vehicle industries - announced it has launched two new marketing tools to help customers understand the performance, specifications, value and return on investment (ROI) of its wheel and brake drum...
US shredded scrap prices remain flat; US aluminum scrap prices stay flat
United States shredded scrap prices remained flat during the week ended February 19, while major US aluminum scrap commodities weekly average prices on Scrap Register Price Index showed an almost flat trend. According to TSI, US Midwest weekly shredded index remained flat at $182 a long ton the...
Ford rolls out aluminium chassis-cab super duty trucks
Responding to the need for more specialized, rugged and capable work trucks such as aerial lifts, field-service vehicles and medium-duty haulers, Ford Motor Co. is debuting a new chassis-cab model of its aluminium-bodied Super Duty trucks at this month’s Work Truck Show. Employing a new,...
Aluminium market under long liquidation, open interest drops 17.62%
Aluminium prices pared its gains to settle in negative zone due to oversupply and a massive inventory overhang. Aluminium price has risen over the past month, supported by a tightening of the ex-China balance, higher oil prices, and a weaker dollar. Chinese output and semi-fabricated export growth...
Brazeway joins US' fight against non-competitive Chinese aluminum subsidies
Brazeway Inc. has joined the China Trade Task Force Coalition as part of a global effort to combat illegal Chinese aluminum subsidies in order save thousands of American aluminum jobs. Brazeway is the world's largest manufacturer of frost-free evaporators for household refrigeration and is a...
Bonnell Aluminum to invest $18 mn, expand its automotive and specialty markets
Bonnell Aluminum, a subsidiary of Tredegar Corporation, announced it will be investing approximately $18 million over the next 12 months to fund an expansion project which will include the purchase of a new state-of-the-art aluminum extrusion line at its AACOA facility in Niles, Michigan. Planned...
Aluminium demand recorded 1% rise in the US, Canada in 2015
The preliminary statistics released by the Aluminium Association indicates marginal rise in aluminium demand in the US, Canada during 2015. The producer inventories in Dec ’15 were up slightly when matched with the previous month. Also, aluminium scrap purchases by the industry during Dec ’15...
Linamar-GF Automotive selects Henderson County location for their new casting plant
Linamar and GF Automotive, a division of Georg Fischer, have zeroed in on Henderson County, North Carolina as the location for GF Linamar's new jointly-owned aluminium die casting plant to provide integrated light metal casting and machining solutions. Linamar and GF Automotive had jointly...
Apex Aluminum gets new president and general manager
Apex Aluminum Extrusions, a state-of-the-art aluminum extrusion factory located in Langley, British Columbia, Canada, promoted Bill de Koning to the position of vice presiden. The company also hired Don Welsh as general manager, effective March 14. De Koning has been with Apex Aluminum in the...
As finances erode, Century Aluminum sets tight time frame for Mount Holly smelter
Century Aluminum still hopes state lawmakers will find a way to cut electricity costs at its Mount Holly smelter, but a shutdown by the end of May is looming. “We are working intently to produce a power-supply arrangement that makes this world-class plant competitive for the long term,” Mike Bless,...
Global primary aluminium market ends in deficit in 2015
The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that global primary aluminium market has recorded a deficit during the year 2015. As per the report, the market reported a deficit of 356,000 tons when matched with the deficit of 589,000 reported during entire...
Century reports a net loss in Q4 2015, YoY primary aluminium shipments rise 6.3%
Century Aluminum Company reported a net loss of $43.1 million for the fourth quarter of 2015. Results were favorably impacted by a $23.5 million lower of cost or market inventory adjustment and $3.4 million related to non-cash, non-recurring post-retirement benefits. Results were negatively...
Rusal sees global aluminium surplus reversing into deficit in 2016
Rusal expects global aluminium market to swing into deficit in 2016 from 2015’s surplus, according to its recently released 2015 annual report. The global aluminium giant sees global aluminium market in 1.2 million tonne deficit in 2016, reversing from 600,000 tonne surplus in 2015. Rusal sold more...
