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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AluMag to organize 3rd Automotive Lightweight Procurement Symposium in Detroit from Nov 9-11
AluMag, “The Market Developer” for the world’s premiere businesses, announced the 3rd North America Automotive Lightweight Procurement Symposium will be held from 9th – 11th of November 2015 at the Cobo Center in Detroit, USA. This year, the international symposium will be focused on automotive...
North American aluminum scrap prices edged up
The North American aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on Thursday, September 10th, 2015. 1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. An up move of $0.02 per Lb was witnessed in 356 Aluminum Wheels....
Novelis aluminium plant, the erstwhile Alcan's Kingston Works, marks 75 years in the city
From Alcan's Kingston Works to Novelis Inc., the aluminum manufacturing plant is celebrating 75 years in the Limestone City. "I think in the heyday there was 4,100 to 4,200 employees, three plants," recounted Jake Czyz, Novelis plant manager. "We pretty much say everybody in Kingston knows somebody...
Aludium appointed Empire Resources, Inc. as its exclusive distributor for the US and Canada
Aludium, a producer of high value-added, semi-finished aluminium products made an announced that it has appointed Empire Resources, Inc. as its exclusive importer and distributor for the United States and Canada. This appointment, which is effective immediately, essentially covers all products from...
Sapa, PPG Industries enter into exclusive coatings warranty agreement
Sapa announced an 18-month exclusive agreement with PPG Industries, providing Sapa with exclusive rights to administer PPG’s coatings warranty on completed aluminum products. “This exclusive partnership gives Sapa the ability to offer its customers our full coatings warranty along with the benefits...
Aluminum Association opposes CNIA call for export tax removal on primary aluminum
The Aluminum Association, which represents producers and suppliers to the North American aluminum industry, expressed strong concern about a recent call from the Chinese Non-Ferrous Metals Industry Association for the removal of a long-standing 15 percent tax on primary aluminum exported from...
Orbite declares intention to purchase outstanding 2012 debentures
Orbite Technologies Inc. announced its intent to purchase all outstanding 8% convertible secured debentures issued on December 13, 2012 as per the terms of the indenture of that date. The debentures, the outstanding principal of which amounts to $25M, will be purchased for a price of $1,000 for...
MetalX acquires aluminum toll processing firm
MetalX, Waterloo, Indiana, has announced it has completed the acquisition of the assets and business of Metal Shred Industries LLC (MSI), an aluminum scrap toll processor located in Kendallville, Indiana. The MSI name will be retired and the facility will be identified as MetalX effective...
Century announces curtailment of one potline at Hawesville, KY Smelter
Century Aluminum of Kentucky, a wholly-owned subsidiary of Century Aluminum Company, announced the orderly curtailment of one potline at its Hawesville, Kentucky aluminium smelter, effective immediately. Following the curtailment, Hawesville's primary aluminium production will be about 60% of...
Québec launches its first Aluminium Development Strategy
Québec Premier Philippe Couillard, accompanied by Minister of the Economy, Innovation and Exports Jacques Daoust and the Parliamentary Assistant to the Premier for the Saguenay Lac-Saint-Jean region and Member for Dubuc Serge Simard, has announced the launch of the Québec Aluminium Development...
Ford Motor reports record sales of its aluminum F-series trucks
Ford Motor Company has reported record sales for its F-series trucks, a strong indication that Ford’s last year gamble is reaping benefits for the US auto-maker. The automaker introduced a massive implementation program in August last year, converting the steel-body-made popular F-150's to...
Novelis Kingston celebrates 75th anniversary
Novelis, the global leader in aluminum rolling and recycling, is celebrating the 75th anniversary of its plant in Kingston, Ontario with a number of public activities taking place the week of Sept. 12 - 19. As an integral facility in Novelis’ North American operations, the plant produces aluminum...
North American aluminum scrap prices edged higher 4th Sep, 2015
The North American Aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on September 4th, 2015. 1100 Scrap prices moved higher by $0.02 per Lb. The prices of 3003 Scrap too increased $0.02 per Lb. An up move of $0.02 per Lb was witnessed in 356 Aluminum Wheels. Meantime,...
SAF West opens Oregon sales office, promotes Stauffer
SAF (Southern Aluminum Finishing Co.) announces a big push for Northwest sales and customer service: the opening of an SAF Northwest Sales office in Salem, Oregon. The new office opened this spring is managed by Peter Stauffer, Account Manager of Pacific Northwest. Stauffer was promoted from his...
Anheuser-Busch plans boosting aluminum bottle production
Anheuser-Busch confirmed a $170 million project to expand aluminum bottle production for Budweiser and Bud Light at its Metal Container Corp. facility in Jacksonville, Florida. The project will create about 75 new jobs at the facility, officials said. The brewer had sought $15 million in state and...
GM to invest $877 million to overhaul Flint, Michigan, truck plant
General Motors Co said it will spend $877 million to overhaul its pickup truck factory in Flint, Michigan, capping a series of investments to keep production of profitable large pickups and sport utility vehicles rolling through a significant model change expected in 2018. The Flint investment is...
North American aluminum scrap prices held steady as on 31st August, 2015
The North American Aluminum scrap prices remained unchanged on ScrapMonster Price Index as on August 31st. 1100 Scrap prices remained flat over the day. The prices of 3003 Scrap too were flat at $0.65 per Lb. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too were unchanged. The prices of...
Noranda Aluminum Holding jumps 45.76% on August 31
Noranda Aluminum Holding was among the biggest gainers on the Russell 2000 for Monday August 31 as the stock popped 45.76% to $3.95, representing a gain of $1.24 per share. Some 910,934 shares traded hands on 3,325 trades, compared with an average daily volume of n/a shares out of a total float of...
