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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Alcoa and Novelis gears up for the next competition in aluminum auto race
Novelis Inc and Alcoa Inc have spent decades wooing the Detroit’s automakers to throw their heavy steel vehicle bodies and renovate their factories for mass production of lighter aluminium vehicles. With the launch of Ford Motor Co’s F-150 Truck this year, the company is reaping the benefits of the...
Report sees 7 out of 10 pickups made from aluminum by 2025
The future looks good for aluminum as a material for American pickup trucks. Despite its obvious drawbacks - harder to repair than steel, requiring special techniques and tools, as well as incurring higher costs, Ford has still gone ahead and made as much of its new F-150 (pictured) out of the...
Greco Aluminum Railings names new president and vice president
Greco Aluminum Railings Ltd. announced the promotion of Dino Aleo to president and Dave Paquette to vice president of business development. As president, Aleo will oversee day-to-day operations and the execution of strategic growth goals and objectives for both Greco Aluminum Railings Ltd. and its...
Yolanda Moran named service center manager for U.S. Aluminum
C.R. Laurence's U.S. Aluminum Division promoted Yolanda Moran to service center manager of its U.S. Aluminum Miami Service Center. Moran joined CRL-U.S. Aluminum with the acquisition of Delta Doors in 2010. Initially Moran ran purchasing and was responsible for inventory procurement, as well as...
Rusal’s action a vote of confidence for CME aluminum futures contract
Last week, the world’s largest producer of aluminum, UC Rusal, began giving its customers the option of using the CME Group ‘s Chicago-based aluminum futures contract to set prices for its products. CME began offering the contract in May, after widespread dissatisfaction with the warehouse...
Alcoa boosting aerospace capabilities in Virginia to meet demand for next-gen aircraft engine parts
Leading aerospace manufacturer Alcoa is expanding in Virginia to capture demand for next-generation aircraft engine parts. The Company is investing $25 million at its Alcoa Power and Propulsion facility in Hampton, Virginia to scale-up a breakthrough process technology that cuts the weight of its...
Missouri considers electric rate cut for Noranda Aluminum
A dispute between Missouri's largest power company and its largest electric consumer is being heard by state regulators. An administrative judge for the Missouri Public Service Commission is to hear testimony Monday on a request by Noranda Aluminum to reduce the electric rates it's charged by...
Automakers' use of aluminum will climb fivefold by 2020, Novelis says
Global aluminum-sheet use in auto bodies will climb fivefold by 2020 as carmakers seek lightweight materials to improve fuel economy, said Derek Prichett, a vice president of global recycling at aluminum supplier Novelis Inc. Sheet consumption will jump to 1.8 million metric tons from 350,000 tons...
Rusal to offer CME-based aluminum pricing by July
United Company Rusal PLC, the world's biggest aluminum producer, plans by next month to begin offering customers the option of using CME Group Inc.'s new aluminum futures contract to set prices, a company executive said in an interview. Rusal's use of CME futures would give a boost to the fledgling...
Downstream aluminium market highlight from US and Canada
Aluminum imports of ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) totaled 516 million pounds during April 2014, up 24.8 percent from the April 2013 total of 413 million pounds. Including scrap, which accounted for about 51 percent of reported aluminum...
Signature Associates closes the industrial sale of 190,000-square-foot in Michigan
Signature Associates has made negotiations during the sale of a 190, 947 sq. foot industrial building in Michigan. Ted Vilek and Jeff Chystal of Signature Associated were the sellers while Toyota Tsusho America, Inc. represented the buyer, WKW Erbsloeh North America, Inc. WKW Erbsloeh North America...
Bridgnorth Aluminium secures a £62m finance deal
Bridgnorth Aluminium has made a deal of £62m package for helping the business develop in their on-going operations as well as future expansion of the company’s manufacturing plant located in Shropshire. The finance package from the company’s office of Lloyds Bank includes a £45m lending facility...
Canadian International Aluminium Conference (CIAC) culminated with several interesting conclusions and reflection on aluminium applications
At the culmination of the first Canadian International Aluminium Conference (CIAC), the Aluminium Association of Canada (AAC) offered several conclusions and reflections by some of the world’s experts during several panel discussions held Tuesday and Wednesday in Montreal. The participants...
The Aluminium Association of Canada and the Gulf Aluminium Council Sign a co-operation agreement
The Aluminium Association of Canada and the Gulf Aluminium Council which represents the industry in the Persian Gulf states, signed an agreement on 3rd June that seeks to deepen the co-operation and exchanges between the two major aluminium producing regions. This agreement is part of the business...
Aluminum industry must think beyond cars for long-term growth, says demographer
A rapidly aging population means the aluminum industry needs to look beyond the high demand for lightweight cars if it wants to grow long into the future, a Canadian demographer said Tuesday. University of Toronto economics professor David Foot told an aluminum conference that spending patterns...
North American aluminum scrap prices edged higher
The North American Aluminum scrap prices ended marginally higher on ScrapMonster Price Index as on June 2nd , Monday. 1100 Scrap prices moved higher by $0.01 per Lb. The prices of 3003 Scrap too increased $0.01 per Lb. A similar up move of $0.01 per Lb was witnessed in 356 Aluminum Wheels, 5052...
Orbite announces annual and special shareholders meeting
Orbite Aluminae Inc. announces that its annual and special meeting of shareholders (the “Meeting”) will be held on June 19, 2014 at 10:00 AM ET at the Fairmount The Queen Elizabeth (Jolliet Conference Room),900 René-Lévesque Blvd West, Montréal, Québec. Orbite will also be broadcasting the Meeting...
Aluminum Association updates on North American downstream aluminium market in April
Preliminary estimates indicate that aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 6,149 million pounds during the first three months of 2014, down one-tenth of one percent from a year ago. Demand for semi-fabricated (mill)...
