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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Constellium reports second quarter 2014 financial results
Constellium N.V. today reported results for the second quarter ended June 30, 2014. Highlights of results include: • Shipments up 2% versus prior year • Revenues of €920 million and Adjusted EBITDA of €81 million • Record performance of P&ARP segment • Body-in-White finishing plant breaks ground in...
Kobe Aluminum Automotive Products boosts production capacity of aluminum forged suspension parts by 50%
Kobe Steel, Ltd.'s U.S. joint venture, Kobe Aluminum Automotive Products, LLC (or KAAP), has increased its production capacity of aluminum forged products for automotive suspension systems by 50 percent. Based in Bowling Green, Kentucky, USA, KAAP began construction of a $66-million expansion of...
Aluminum Association highlights for North American downstream market
Estimated shipments of Aluminum Drawing Stock, Bare Wire and Rod & Bar by U.S. and Canadian producers totaled 101.4 million pounds during July 2014, a decline of 3.4 percent from the July 2013 total of 105.0 million pounds. Compared to the previous month, shipments were off 4.8 percent from the...
Alcoa recognizes North America's top scrap suppliers for 2014
Pittsburgh-based aluminum major-Alcoa Inc. has recognized its top North American scrap suppliers for 2014. This is the tenth year in succession that Alcoa has named top suppliers. The list was compiled by the company’s recycling and scrap purchasing wing based on several criteria including quality,...
Ford races to rebuild truck plant for aluminum F-150
Carefully choreographed chaos is under way in and around Ford's historic Dearborn Truck Plant as the automaker races to get it ready to build a very different F-series truck. On Saturday morning the last steel-bodied 2014 Ford F-150 rolled off the line and workers were ripping up equipment behind...
High US demand for durables and closing of Italian smelter pushes aluminium prices
Aluminium prices rose in the London Metal Exchange for the second day in a row due to Alcoa’s decision to shut down the smelter in Italy and the higher demand for durable goods in US – the second-largest industrial metal consumer. The metal due for delivery in three months rose to $2,073 a metric...
Aluminum Association to present at SCRS' OEM Collision Repair Technology Summit
The Society of Collision Repair Specialists (SCRS) has announced that Doug Richman, Technical Committee chairman of the Aluminum Transportation Group (ATG), will offer insight into the role aluminum will play in collision repair businesses now and in the future at the OEM Collision Repair...
Noranda announces electricity rate ruling by Missouri public service commission
Noranda Aluminum Holding Corporation reported today that the Missouri Public Service Commission has denied Noranda's request for a lower electricity rate at the Company's aluminum smelter in New Madrid, Missouri ("New Madrid"). The denial by the PSC does not increase New Madrid's electricity rate,...
Port of Oswego says increase in aluminum shipments puts it on pace for record season
The Port of Oswego says its working toward a record year, thanks to an increase in shipments of aluminum coming in through the St. Lawrence Seaway for use at Oswego's Novelis aluminum plant. Port Director Zelko Kirincich says it's been a great year, and that the facility is expecting to receive...
Aluminum Association updates downstream aluminium statistics for July
The Aluminum Association’s “Index of Net New Orders of Aluminum Mill Products” for July was up 4.8 percent over June. Orders for flat roll products (sheet, plate, can stock and foil) rose 5.9 percent over the previous month, orders for extruded products were up 4.4 percent, while orders for redraw...
Aluminum products company expands in Louisa
Recently expanded production facility capabilities and a positive outlook for American manufacturing are positioning Patriot Aluminum Products for long-term growth. But first, said Tom Click, Patriot Aluminum’s president and CEO, the company still has a few more boxes to unpack. Patriot Aluminum...
Novelis the driving force behind Ford's aluminum trend
Novelis, a global aluminum supplier, is seeing a 45-year-old dream come true as the auto industry is on the cusp of making the lightweight material mainstream. Novelis is supplying aluminum for the 2015 Ford F-150 that goes on sale later this year. The supplier is expanding its Oswego, N.Y. plant,...
Global Bauxite and Alumina market review 2014
Research and Marke has announced the addition of the "Bauxite and Alumina Market Review" report to their offering. The report presents a thorough study of bauxite and alumina, covering both global and regional markets and aims to give a proper picture of the market, as well as its trends,...
Noranda Aluminum up 7.2%, shares break through resistance
Noranda Aluminum is one of today's best performing low-priced stocks, up 7.2% to $4.46 on 1.0x average daily volume. Thus far today, Noranda Aluminum has traded 641,000 shares, versus average volume of 640,000 shares per day. The stock has outperformed the Dow (7.2% to the Dow's 0.5%) and...
Sumitomo joins Goldman in expectation of the aluminum market swinging into a deficit
The global aluminum market will swing into a deficit this year for the first time since 2006 as cuts in output deepen and demand from automakers grow, according to trading house Sumitomo Corp. Global consumption will outpace supply by 61,000 metric tons in 2014, flipping from a surplus of 580,000...
AluSolutions event commences from 21st to 22nd Oct 2015
The dates for AluSolutions, the only event aimed at promoting sustainability in the aluminium industry, have been announced as 21st – 22nd October 2015 at the International Centre, Toronto. AluSolutions is the only event dedicated to sustainability in the aluminium industry and provides a platform...
Groom’s Aluminum Processing begins new facility in Ashville
The St. Clair County Economic Development Council announced today that Groom’s Aluminum Processing has begun construction on their new facility in Ashville. Their new facility will be located on Industrial Park Drive in the Ashville Industrial Park. Groom’s Aluminum Processing is a new venture...
The Aluminum Association updates on aluminum market
Activity in the aluminum market is similar to nearly a month ago: prices and premiums rallied, the contango narrowed, and China looks more oversupplied with ingot. The LME cash price closed last week at $2,017/mt. It’s up over 20% from in early February which was a four-and-a-half-year low....
