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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Ford's Q3 results show investment in aluminum F-150 was paying off
Ford Motor posted third quarter results which narrowly missed expectations but showed the automaker is doing extremely well in the United States. Ford was the number one selling brand in the U.S. and its aluminium F-150 sales hit a nine-year high. The automaker posted third quarter profits of $0.45...
Governor announces Kobe Aluminum Automotive Products expansion
Kobe Aluminum Automotive Products announced a $57 million worth investment in its Bowling Green plant, which will add 112 jobs. The116,000-square-foot plus addition will provide KAAP with capacity for substantial aluminium automotive equipment upgrades. The company anticipates growing its business...
Century Aluminum smelter closure seems unpreventable, says South Carolina governor
Governor Nikki Haley, South Carolina, said Wednesday, October 28, that the state has done all it can to keep Century Aluminum from closing its Berkeley County smelter and laying off 600 workers as a contractual impasse between the company and its power provider enters its final weeks. “The main...
Century reports a net loss of $56.1 million for the third quarter of 2015
Century Aluminum Company reported a net loss of $56.1 million ($0.65 per common share) for the third quarter of 2015. Results were negatively impacted by a $5.3 million charge ($0.06 per common share) for lower of cost or market inventory adjustments, a $0.4 million charge ($0.01 per common share)...
The Aluminum Association announces membership growth and additions to its board
The Aluminum Association announced membership growth, additions to its board, and the election of a new Chairman on Thursday, October 29. In addition, the Association announced the winner of the 2015 Marlan A. Boultinghouse Award, the highest award given by the North American industry. The...
In the US, commercial transportation focuses more on aluminium
The commercial transportation sector in the United States is demanding more aluminium. This includes increased use in trucks and trailers, and Sapa’s plant in California is becoming one of the key suppliers of extruded solutions. Sapa President & CEO Egil Hogna visited the City of Industry plant,...
Alba appoints a new Manager for regional sales office in United States
Aluminium Bahrain B.S.C. (Alba), one of the leading aluminium smelters in the world, announced the appointment of Patrick Hudson as the new Sales Manager for its regional sales office in United States - Alba Americas. Patrick will be responsible to oversee the growth and development of Alba’s...
The Automotive Lightweight Procurement Symposium to open its doors soon in Detroit
At this year North America Automotive Lightweight Procurement Symposium you have the chance to listen and interchange with executive speakers and delegates from the aluminum, magnesium, steel & composite industry. Lightweighting, supply chain and procurement management will be the main theme and...
AMI Metals to provide aluminium flat rolled material for F-35
Tennessee-based AMI Metals, a subsidiary of Reliance Steel & Aluminum, has secured a contract worth around $300m from Lockheed Martin to provide aluminium flat rolled material for the F-35 Joint Strike Fighter. The multi-year deal covers the value-added, just-in-time, cut-to-size and cut-to-shape...
Primary Aluminum market records deficit during Jan – Aug
The latest report published by the World Bureau of Metal Statistics (WBMS) indicates that global primary aluminum market has recorded a deficit during the initial eight months of the year. As per the report, the market reported a deficit of 257,000 tons when matched with the deficit of 654,000...
Century Issues WARN Notice at Mt. Holly, SC Smelter
Century Aluminum of South Carolina, a wholly-owned subsidiary of Century Aluminum Company today issued a notice to employees at its Mt. Holly, South Carolina aluminum smelter of its intent to curtail plant operations if the smelter is unable to secure a competitively priced power arrangement to...
Reliance Steel & Aluminum Co. announces new director
Reliance Steel & Aluminum Co. announced that it has increased the size of its Board of Directors from nine to ten members and appointed Robert A. McEvoy, 49, to serve as an independent director. Mr. McEvoy's term took effect on October 20, 2015 and will expire at the 2016 Annual Meeting of...
USW members rally to call for end to Sherwin Alumina lockout
It was a landmark Saturday afternoon rally. Hundreds of United Steelworks (USW) members walked down Saratoga Boulevarde to call for the end to Sherwin Alumina lock out. Sherwin Alumina shuttered down its Gregory facility in 2014 rendering 450 employees jobless. USW members had offered more than...
Automation and recycling help Canadian aluminium automotive die casters to make a mark
According to the observations made in a recently published research report on aluminium die-casting market for automobiles in Canada, the market here is matured and is continuing a steady growth over the past couple of years. Despite ongoing economic crisis and government's hostile tax policies,...
Union accepts proposed labor deal at Alcoa Intalco aluminum smelter
Workers at Alcoa's Intalco Works aluminum smelter voted to accept the company's final contract offer, staving off a second labor dispute at a U.S. smelter this year as prices tumble below production costs. "The Contract was accepted," The international Association of Machinists & Aerospace Workers...
Covanta begins operations at its Pennsylvania metals processing facility
Morristown, New Jersey-based Covanta has started up its new metal recycling processing operation in Fairless Hills, Pennsylvania. The new facility cleans and sorts metals recovered from a number of Covanta’s energy-from-waste (EfW) facilities in the Northeast. "We are very pleased to get this new...
ALUMINUM USA to premiere with more than 150 companies
More than 150 exhibitors from 20 nations will be participating in the premiere of ALUMINUM USA, which will take place in Detroit on 11 and 12 November. With this new trade show, the world’s third-largest aluminum market will get its very own industry meeting place. A glance at the list of...
North American aluminum scrap prices edged higher October 12
The North American aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on Monday, October 12th, 2015. 1100 Scrap prices moved higher by $0.03 per Lb. The prices of 3003 Scrap too increased $0.03 per Lb. An up move of $0.03 per Lb was witnessed in 356 Aluminum Wheels....
