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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Vista Metals continues to grow
Vista Metals of Adairsville with a corporate headquarters in California was created in 2009 to meet the growing demands of an aircraft industry customer in North Georgia and is ready to take a significant expansion on line within the next week. Vista produces aluminum billets and delicate, hard...
Ford ships thousands of aluminium pickups after extra checks
Ford Motor Co has shipped thousands of aluminium-bodied F-150 pickups, and their introduction isn’t being delayed by extra quality inspections for the re-engineered model, the company said. “We’ve shipped more than 5,000 all-new F-150s to dealers across North America, and we’re shipping more each...
Alcoa doubling high-tech coating capacity in Michigan to capture growing aerospace demand
Innovative Technology Improves Jet Engine Fuel Efficiency • $16.7 million expansion in coating capabilities to improve performance of blades and vanes in hot section of bestselling, next-generation jet engines • Construction to begin this month, production expected in 2016 • Investment supported by...
Future Jeep Wrangler Won’t Be Going The Distance
Jeep has made it clear that the next-generation Wrangler will be built with aluminium, like how it is for the upcoming Ford F-150. This will surely make the future Wrangler lighter than before, thus optimizing fuel economy and power output at the same time. Despite that fact, the changes revolving...
Aluminium premiums expected to hit record high in 2015
Global aluminium premiums are expected to reach fresh record highs by mid-2015 on a supply deficit in the United States and Europe, a Reuters survey showed. Premiums have surged this year, more than doubling in the United States, as a revival in auto demand spurred aluminium consumption, while...
Aluminum Ford F150 raptor could debut in Detroit
There are a great many rumors as to what will debut at the 2015 Detroit Auto Show, but the newest rumor suggests that a new SVT Raptor based on the aluminum bodied 2015 Ford F150 will be among the high performance premiers in the Motor City come January. While details are very limited – like...
Upstate Shredding – Weitsman Recycling expands in central New York
The scrap metal company Upstate Shredding – Weitsman Recycling, headquartered in Owego, New York, has acquired the assets of Murtagh Scrap Handling, a scrap metal recycling company in Rome, New York. The acquisition is expected to be finalized by January 2015, according to Upstate Shredding....
North American Aluminum scrap prices dropped on 2nd Dec, 2014
The North American Aluminum scrap prices declined on ScrapMonster Price Index as on December 2nd, Tuesday. 1100 Scrap prices declined by $0.01 per Lb. The prices of 3003 Scrap too fell $0.01 per Lb. A down move of $0.01 per Lb was witnessed in 356 Aluminum Wheels, 5052 Scrap, 6061 Extrusions, 6063...
Aluminum hikes up in the US as demand surges
After declining at the lowest point yesterday since the month of July in the year 2013, aluminum has again regained its posture by increasing its value to 0.3 percent. According to the reports which were published in the month of November, the annual consumption of the automobile industry has been...
Ford plants get ready to churn out the much-awaited F-150s
The first, much-awaited, 2015 F-150s to be delivered are coming from the company’s Dearborn, Mich., plant which has worked through early production glitches. Ford workers in Claycomo have been training to build it while continuing to make some of the older F-150s in the interim. The Dearborn plant...
Brembo to invest €32 million in Mexico caliper plant
Leading Italian brake brand, Brembo, has announced plans to invest 32 million euros in an aluminium brake caliper manufacturing facility in Escobedo, Nuevo Leon, just outside of Monterrey, Mexico. According to the company, the plant will include a new aluminium foundry and machining facility...
U.S. Aluminum Extruders see 10-15% increase in business
Ducker Worldwide, an independent consulting and research firm, recently concluded a study on behalf of the Aluminum Extruders Council (AEC) focused on identifying the benefits from and future risks to the U.S. Aluminum Extrusion market’s trade case against the People’s Republic of China. This...
Century aluminum completes acquisition of Mt. Holly, SC Smelter
Century Aluminum Company announced today that its wholly owned subsidiary has completed its transaction with Alcoa to acquire full ownership of the Mt. Holly aluminum smelter. Mt. Holly, located in Berkeley County, South Carolina, employs approximately 600 people and has an annual production...
Noranda Aluminum Holding (NOR) jumps 6.68% on November 26
Noranda Aluminum Holding (NOR) was among the biggest gainers on the Russell 2000 for Wednesday November 26 as the stock popped 6.68% to $4.15, representing a gain of $0.26 per share. Some 629,242 shares traded hands on 2,875 trades, compared with an average daily volume of 848,694 shares out of a...
Corubba Collision Corp. opens a new all-aluminium repair shop
Carubba Collision Corp. has opened a new aluminium-body repair shop at 1520 Niagara Falls Blvd. in Tonawanda in anticipation of greater demand for the service in future. The president and CEO of Carubba Collision, Joseph Carubba says that although the demand for aluminium vehicles and their repairs...
Rexam wins Can Recycling Challenge
Rexam's Beverage Can North America’s (BCNA) Chicago location has received first place in the Great American Can RoundUp (GACR) Industry Challenge. The contest was sponsored by the Can Manufacturers Institute(CMI). The contest winners are determined by the number of pounds of aluminum collected per...
EMR captures mighty aircraft carrier recycling contract
The US Navy has awarded metal recycling major EMR the contract to dismantle and recycle the 323-metre-long aircraft carrier USS Constellation, the company's European non-ferrous director Murat Bayram confirmed to Recycling International during Metal Bulletin's 22nd International Recycled Aluminium...
Hindalco: Novelis & increased production from new smelters may not sustain higher profitability
Hindalco is a stock that has remained popular with foreign investors, though metal prices continue to weaken globally. Over the past year, the stock has risen 40 per cent, compared with the 37 per cent rise in the Sensex. After the company's earnings beat estimates in the second quarter, many...
