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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US aluminium scrap imports inched higher while exports declined y-o-y in Nov '15
Aluminium imports of ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) totaled 417 million pounds in November 2015, up 1.0 percent over the November 2014 total of 413 million pounds. Including scrap, which accounted for roughly 57 percent of reported aluminium...
Viastore to supply automated conveyor solution for aluminium alloy wheel manufacturer
Viastore Systems, a leading material handling automation systems and software company, was selected by Dicastal North America, the North American division of CiTic Dicastal Co. Ltd. of Qinhuangdao, China to supply and install an automated conveyor solution for the company’s new manufacturing...
Alcoa announces long-term contract with GE Aviation
Lightweight metals leader Alcoa has signed a long-term contract with GE unit GE Aviation for jet engine components in an agreement valued at more than $1.5 billion over the contract life. Under the deal, Alcoa will supply advanced nickel-based superalloy, titanium and aluminum components for a...
Noranda issues statement regarding its New Madrid aluminum smelter
Noranda Aluminum Holding Corporation today announced that production has been idled at two of the three pot lines at its aluminum smelter in New Madrid, Missouri, following an electrical supply circuit failure. The electrical supply circuit failure occurred shortly before 1:00 p.m. Central Time on...
Noranda Aluminum idles two of three production lines due to electric outage
Following an electric supply circuit failure which occurred Thursday last week, Noranda Aluminum idled two of three aluminium smelting potlines at its New Madrid smelter. No serious injuries were reported. Noranda, the largest buyer of Ameren Missouri electricity, had bought around 10 percent of...
Alcoa to close its 269,000 metric ton Warrick smelter in Indiana
Lightweight metals leader Alcoa today announced it will permanently close its 269,000 metric ton Warrick Operations aluminium smelter in Evansville, Indiana by the end of the first quarter 2016. The rolling mill and power plant at Warrick Operations will continue to operate. Once the actions...
US shredded scrap prices remain flat; US aluminium scrap prices stay stable
United States shredded scrap prices remained flat during the week ended December 25, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index showed a flat trend. According to TSI, US Midwest weekly shredded index remained flat during the week at $170 a long...
JW Aluminum completes recapitalization to support strategic plans
JW Aluminum Company announced that on December 29, 2015, it closed on a new $90 million asset based revolving credit facility. Proceeds from the new facility were used to pay off previous revolving loans. This refinancing completed the recapitalization of JWA that began in November of 2015 with a...
U.S. aluminium and aluminium alloys recovery rate falls 7.5% y-o-y in Oct 2015
The U.S. aluminium industry purchased an estimated 757 million pounds of aluminium scrap during October 2015, according to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, down 7.0 percent from the October 2014 total of 814 million. USGS estimates that...
Demand for U.S. aluminium semi-fabricated products increases 4.7%
Shipments of aluminium extruded products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers totalled an estimated 407.9 million pounds during November 2015, a rise of 4.4 percent over the November 2014 total of 390.9 million pounds. Compared to the previous month,...
LME data shows warehousing firm Metro will charge the most to store aluminium
Warehouse firm Metro International Trade Services, at the heart of a controversy surrounding queues to get metal released from storage is planning to charge the highest rents for aluminum stocks in warehouses approved by the London Metal Exchange. Data from the LME last week showed Metro is...
Granco Clark promotes Jason Luscombe to Customer Service Manager
Aluminum extrusions systems and equipment manufacturer, Granco Clark has recently announced the promotion of long-time team member Jason Luscombe to the position of Customer Service Manager. Mr. Luscombe has been a dedicated employee of Granco Clark for more than 16 years. He has worked previously...
Alcoa receiving lion's share of state development funding for St. Lawrence County
Empire State Development approved $101.1 million in economic development funding that is expected to create 634 jobs across the state, but St. Lawrence County’s share of the money will go largely to Alcoa in an effort to retain jobs. Statewide the funding supports projects that are creating 634 new...
Aluminium bottle can for beer suits Montanans’ outdoor lifestyles
Philipsburg Brewing Company’s Maddy Mason knows Montanans work hard and play hard in Big Sky Country. That’s a big reason the company chose to package one of its most popular beers-Tramway Rye Pale Ale-in Alumi-Tek® reclosable aluminium bottles from Ball Corp. “Montanans spend much of our time...
US Shredded Scrap prices edge higher; Aluminium Scrap prices remain flat
United States shredded scrap prices edged up during the week ended December 18, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index showed a steady trend. According to TSI, US Midwest weekly shredded index increased $1 a long ton the week to $170 a long...
American Aluminum Extrusion to shift its operations to Roscoe facility
American Aluminum Extrusion plans to move all of its operations and employees to its Roscoe, Ill. facility this year. The company has operated its facility in Beloit since 2001. In 2011, the company opened its Roscoe facility in the former Warner Brake and Clutch complex on McCurry Road. It...
Santee Cooper board authorizes new Century Aluminum contract
The board of directors of Santee Cooper authorized management to execute a new power supply contract for Century Aluminum's Mt. Holly plant. The three-year contract, which takes effect on Friday, January 1st, specifies Santee Cooper will deliver 100 percent of the plant's electric needs, according...
US aluminium producers to go slow on their smelter capacity cut plans
Aluminium producers across the United States have eased plans to cut primary aluminium smelting capacity, helping to slightly soften the blow to US anode-grade petroleum coke markets. The cuts still shrink the US aluminium industry's demand for coke by nearly one-third from 2014 levels. Early...
