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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Aluminum Association highlights on U.S. and Canadian market
Estimated shipments of Extruded Products by U.S. and Canadian producers totaled 1,154 million pounds in the second quarter of 2014, up 7.8 percent over the second quarter 2013 total of 1,071 million pounds. Shipments to the building and construction market, as reported by participating companies,...
Noranda Aluminum to announce earnings today
Noranda Aluminum Holding Corp.is scheduled to release its Q214 earnings data on Monday, August 11th. Analysts expect Noranda Aluminum Holding Corp. to post earnings of ($0.08) per share and revenue of $341.57 million for the quarter. Persons interested in listening to the company’s earnings...
Novelis increases prices for automotive and specialty aluminum sheet products in North America
Novelis the world leader in aluminum rolling and recycling, today announced price increases on its North American Automotive and Specialty aluminum sheet products for all new orders effective immediately. All existing orders and firm agreements confirmed prior to August 7, 2014 will be honored...
Aleris Reports Second Quarter 2014 Results
Aleris Corporation reported results for the three and six months ended June 30, 2014. Second Quarter Summary Adjusted EBITDA of $65 million; Net loss of $17 million Sequential Adjusted EBITDA improvement but disappointing year-over-year performance Significantly higher automotive volumes Global...
Encore Wire to expand Texas plant
The wire manufacturing firm Encore Wire Corp., headquartered in McKinney, Texas, has announced plans for a 250,000-square-foot expansion to its existing aluminum wire manufacturing plant in McKinney. The company’s aluminum wire manufacturing plant presently measures 200,000 square feet. Encore says...
Century Aluminum stock jumps 5.5%
Century Aluminum Co. was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock is now up 27.25% over the past...
Shutdown of Ohio aluminum giant Ormet appears final
The Niagara World-Wide company announced July 31 the final and permanent closing of the former Ormet Primary Aluminum Corporation's plant near here. Along with the closing, Niagara fired the last twenty workers still employed at the former Ormet facility. Ormet, including its property and assets,...
More aluminum capacity to be dedicated to Autos in North America
Alcoa and its competitors have enough rolling capacity in North America to meet demands from automakers for more sheet aluminum, but aluminum-intensive vehicles will take material away from other uses, says Mike Murphy, vice president-automotive at Alcoa. The losers will be the lowest-margin...
North American aluminum wheel plant wins Masters of Quality Supplier Award
Accuride Corporation – a leading supplier of components to the North American commercial vehicle industry – today announced that two of its wheel-production facilities have received the Daimler Trucks North America (DTNA) "Masters of Quality" Supplier Award for 2013. Accuride's Camden Operations...
Novelis expects to double auto aluminum production in 4 years
Novelis Inc., the world’s largest sheet aluminum producer, said today it expects to double its North American production of automotive aluminum by 2018 or so from 2014 levels. The company said it plans to produce 260,000 tons of automotive aluminum in North America in 2014, up from about 50,000...
Rio Tinto's aluminum unit set to outperform
Rio Tinto PLC's financial results have followed a predictable theme in recent years: strong profits from iron ore and bad news on aluminum. This year, investors are expecting something different. A run-up in aluminum prices on cutbacks at Chinese smelters and stronger-than-expected demand from the...
Steel and aluminum maker announces expansion, new jobs at Blount facilit
A Japanese auto parts manufacturer is expanding its presence in Blount County by building a new 76,000 square-foot facility and creating 32 new positions. The Blount Partnership and Koide Tennessee Inc. announced Friday the company is expanding its operations in the Stock Creek Development...
Bluegrass poised to produce most aluminum in U.S.
With more than 20,000 Kentuckians working in it, the state aluminum business is booming, according to the Kentucky Cabinet for Economic Development. Earlier this year, Europe-based Constellium N.V. and UACJ Corporation, of Japan, announced plans to open a joint $150 million aluminum facility in...
Encore Wire expands aluminum manufacturing plant at McKinney, Texas
Encore Wire Corporation announced today that the Company is building a 250,000 square-foot expansion to the existing aluminum manufacturing plant on its McKinney, Texas campus. The Company projects expenditures for this project, including related upgrades to Encore’s McKinney complex, will be...
Black4 and Danieli Corporation join the Aluminum Association
The Aluminum Association announced today the addition of two new member companies, Black4 and Danieli Corporation. This brings total Association membership to 96, consisting of 48 producer members and 48 associate members. With business interests in Europe, Asia and North America, Black4 offers a...
Canadian student captures 2014 Sapa Sustainable Design Award
Dawson College student Nicholas Parent has won the 2014 Sapa Sustainable Design Award for an extruded aluminium wall bracket system that helps bring new life to old skateboards. More than 80 entries from 13 universities around the world were received for the 2014 Aluminum Extrusion Design...
GM moves next version of big pickups ahead by nine months - sources
General Motors Co. (GM) has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co.'s still-sizable lead in meeting future US fuel-economy standards, supplier sources said on Monday (July 28). Redesigned versions of...
Century Aluminum to add 45 jobs at Sebree smelter
Century Aluminum Co. on Thursday announced a $3 million expansion at its 530-employee Sebree smelter that will create 45 more jobs and help cement its presence in this region. Century said the expansion is intended to “significantly increase” the percentage of the smelter’s primary aluminum that is...
