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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Outotec acquires Canadian mine tailings solutions provider Kovit Engineering
Outotec has purchased the Canadian technical consulting and engineering company Kovit Engineering Ltd from its founders. Sudbury-based Kovit Engineering specialises in surface and underground mine tailings solutions. The acquisition complements Outotec’s existing dewatering and tailings treatment...
Century reports second quarter 2015 financial results
Century Aluminum Company reported a net loss of $33.9 million ($0.39 per common share) for the second quarter of 2015. Results include a $30.9 million impairment charge ($0.35 per common share) related to the permanent closure of our Ravenswood smelter and a $25.7 million charge ($0.30 per common...
Aluminum Association updates on aluminium trade in North America in June
According to an Aluminum Association report, aluminum imports of ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) totaled 505 million pounds in June 2015, down 3.6 percent from the June 2014 total of 524 million pounds. Including scrap, which accounted for...
Germantown aluminum supplier to open manufacturing plant in Arizona
Germantown-based Basic Metals Inc. plans to open a 26,000-square-foot manufacturing and distribution center in Goodyear, Arizona. Basic Metals is an independently-owned aluminum service center and supplier. Basic Metals, which will employ eight to 10 workers in Arizona, plans to open the new...
Trulite Glass and Aluminum plans $119,500 worth expansion in Grenada
Officials from Trulite Glass and Aluminum Solutions recently announced the company is expanding operations at its facility in Grenada. The project represents a corporate investment of $119,500 and will create 15 jobs, bringing employment at the facility to 133. "I appreciate the team at Trulite...
China aluminum alloy wheel exports down 6% in June
China reported decline in both volume and value of its aluminum alloy wheel exports in June, according to the China Association of Automobile manufacturers (CAAM). Export quantity fell 6.0% year-on-year (YoY) to 60,000 tonnes in June, and export value also dropped 5.9% YoY to $300 million, CAAM...
"Lotus has been producing cars with aluminum riv-bonded chassis for several decades", GREGORY E. PETERSON, Senior Technical Specialist, LOTUS ENGINEERING
GREGORY E. PETERSON is a Senior Technical Specialist in LOTUS ENGINEERING. Gregg's responsibilities include lightweight structures, transferring emerging technologies into commercial opportunities and program management. He has led numerous lightweighting programs for both automotive and...
Pennex Aluminium unveils $38 million expansion at Leetonia location
Pennex Aluminum Company unveiled their new $38 million expansion of their extrusion and fabrication line at their Leetonia location last week. The facility now has two large aluminum press lines that company officials say are the most innovative of their kind in the world. The expansion was made...
GM turning to aluminum for next-gen pickup trucks
Following Ford’s lead, GM is turning to aluminum and lightweight steel for its next-generation of pickup trucks and SUVs. The American automaker has announced that it will be investing $877 million to overhaul its factory in Flint, Michigan, that is in charge of producing pickup trucks. The...
Aluminum production continues at Noranda's New Madrid plant following damage to casthouse
Noranda Aluminum Holding Corporation announced today that molten aluminum production at its New Madrid, Missouri aluminum plant is continuing at the same level as before an explosion yesterday in that facility's casthouse. Although the incident affected the company's production of extrusion billet,...
The Aluminum Extruders Council comments regarding blockbuster report on China Zhongwang Holdings Ltd.
Earlier this week a report surfaced on the Internet that contained a scathing series of allegations against China Zhongwang Holdings Ltd, which is reportedly the second largest extruder in the world. The report, from Dupre Analytics, contends that Zhongwang’s chairman, Liu Zhongtian, and his family...
Large explosion rocks Noranda's southeast Missouri aluminum plant
A massive explosion rocked a southeast Missouri aluminum plant Tuesday, injuring some workers and creating a plume of smoke that could be seen for miles. The explosion and fire occurred around 12:30 p.m. at the Noranda Aluminum plant near the town of Marston in New Madrid County, about 170 miles...
Ford's focus on aluminium body vehicles spurs competition among steelmakers
A joint venture steel plant AM/NS Calvert, in Alabama is preparing to produce the latest generation of ultra high-strength steel for the North American auto industry. Ford's decision to make the body of one of its best sellers F-150 pickup out of aluminum is pressing the steel industry to respond...
Aleris reports second quarter 2015 results
Aleris Corporation today reported results for the three and six months ended June 30, 2015. Except as otherwise indicated, all amounts reflect the divested recycling and extrusions businesses as discontinued operations. Second Quarter Summary • Adjusted EBITDA of $60 million, up 53 percent compared...
Aluminum Association updates on aluminum net shipments in North America
According to the Aluminum Association reports Aluminum net shipments (including exports) by domestic U.S. and Canadian facilities totaled an estimated 1,941 million pounds during June, up slightly (0.4 percent) over the June 2014 total of 1,933 million pounds. Shipments of aluminum mill products...
North American Aluminum scrap prices edged higher
The North American Aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on July 30th, 2015. 1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. 356 Aluminum Wheels prices held steady over the day. Meantime, 5052 Scrap and 6061...
Ford's aluminum F-150 to cost more for repairs, insurer group says
Ford’s revolutionary aluminum-body F-150 pickup truck does well in most crash tests but is significantly more expensive to repair, according to an analysis by the Insurance Institute for Highway Safety. That means buyers of the truck, the first to use the lighter-weight metal extensively, probably...
Rexam PLC announces its Half Year results 2015
Rexam PLC, a leading global beverage can maker, and business partners to some of the world’s most famous and successful consumer brands announced its results for the first half of 2015. Key Highlights: • Beverage can volumes including UAC up 3% (2% organic) • Organic2 underlying operating profit...
