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...
Grow with
AL Circle
“The objective of AAC is to develop an aluminium culture where the material will be put to use by potential end users in the transportation, building and infrastructure sectors”: Mr. Jean Simard, President, Aluminium Association of Canada
AlCircle had the pleasure of communicating with Mr. Jean Simard, President and Chief Executive Officer of the Aluminium Association of Canada (AAC). AAC is the voice of the Canadian aluminium industry and its mission is to be the last word on anything to do with aluminium. The non-profit...
AlumaBridge offers advanced aluminum bridge decking to solve bridge crisis in North America
AlumaBridge, LLC announces the availability of advanced design aluminum bridge decking to address the North American bridge crisis. To meet the goals for Accelerated Bridge Construction, AlumaBridge is building upon the latest technologies and proven designs to perfect aluminum bridge deck...
CME may have tough time attracting interest in aluminum contract
If the first day of trading is any indication, CME Group may have a tough slog drumming up interest for its North American aluminum futures contract. CME launched the contract to allow aluminum producers and consumers to lock in prices ahead of time and give investors an opportunity to speculate on...
U.S. aluminum industry purchased 714 million pounds of aluminum scrap in February
The U.S. aluminum industry purchased an estimated 714 million pounds of aluminum scrap during February 2014, according to aluminum recycling statistics published by the U.S. Geological Survey, Department of Interior, down eight-tenths of one percent from the February 2013 total of 719 million. USGS...
U.S. aluminum futures debut amid legal wrangling on London rules
Aluminum futures trading started on Monday on the CME Group Inc. in Chicago, a move supported by companies such as MillerCoors LLC that complained of price distortions cause by delivery delays at warehouses run by the London Metal Exchange. The new futures contract will offer a “North American...
CIAC aims to discuss sustainable materials
Several expert panels at this year’s Canadian International Aluminium Conference (CIAC) will focus on the use of more sustainable and resistant materials in construction and infrastructure. Among the numerous expert panels highlighted during the event, two will focus specifically on matters...
Can maker Rexam reveals first quarter results in line with expectations
Rexam Plc, the world's second largest beverage can maker in terms of revenue, said overall results in the first-quarter were in line with its expectations. The company, which makes aluminium cans for Coca-Cola, Red Bull, Carlsberg beer and Heineken, said it was feeling the effects of a strong...
US Aluminium output down 20.26% to 122,000 tons in Feb: USGS
Primary aluminium production in the US recorded at 122,000 tons in February this year, declined by 20.26% as compared to the production of 153000 tons a month earlier and down 21.3% from 155000 tons in February 2013, according to the latest data released by the U.S. Geological Survey (USGS). Total...
Kaiser Aluminum Corp. SVP Sells $175,425 in Stock (KALU)
Kaiser Aluminum Corp. SVP Pete Bunin sold 2,500 shares of Kaiser Aluminum Corp. stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $70.17, for a total transaction of $175,425.00. Following the completion of the transaction, the senior vice president now...
Defense Logistics Agency expands contract with Sims Recycling Solutions
Sims Recycling Solutions (SRS), an electronics reuse and recycling firm with Americas headquarters in West Chicago, Ill., has confirmed the expansion of its contract with the Defense Logistics Agency (DLA) Disposition Services department. In North America SRS, which is owned by Sims Metal...
Aluminum Association updates on aluminium demand in US and Canada
Preliminary estimates for aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 1,864 million pounds during February 2014, down 4.0 percent from a year ago. Demand for semi-fabricated (mill) products totaled 1,240 million pounds, down...
Noranda Aluminum Holding Corp.’s hold rating reaffirmed at Citigroup Inc. (NOR)
Noranda Aluminum Holding Corp.‘s stock had its “hold” rating reiterated by analysts at Citigroup Inc. in a research report issued to clients and investors on Thursday, Analyst Ratings Net reports. They currently have a $4.20 price objective on the stock. Citigroup Inc.’s target price indicates a...
Invento launches aluminum-PET hybrid containers in US
Invento Americas is launching dual-material beverage containers geared toward consumers thirsty for stand-out packaging. The company introduced the containers, composed of transparent PET bodies and aluminum ends, two years ago in Europe. According to the company, the container improves upon the...
Century Aluminum to release quarterly earnings on Thursday
Century Aluminum is scheduled to announce its Q114 earnings results on Thursday, April 24th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $437.44 million for the quarter. Century Aluminum last announced its earnings results on Thursday, February 20th. The...
Aleris considering sale of recycling businesses
US-based aluminium rolled and extruded product giant Aleris is 'formally evaluating the potential sale of its recycling and specification alloys businesses'. Chairman and ceo Steve Demetriou comments in a statement: 'While the businesses remain steady and profitable with excellent long-term growth...
Sapa's Chizmar wins AWMI award
The U.S. Association of Women in the Metal Industries (AWMI) has named Sapa’s Carol Chizmar as recipient of its 2013 International Member of the Year Award. The announcement was made on April 11 at AWMI’s International Board of Directors meeting. Chizmar, who is AWMI’s International Membership...
Service centers’ steel, aluminum deliveries rebound for March
Service centers across North America increased delivery volumes during March, and in most instances managed to reduce their inventory levels, too. The Metals Service Center Institute, which reports the shipment and inventory results in its Monthly Activity Report, stated that “shipment growth...
US Midwest aluminum premiums inch up
Midwest aluminum premiums inched up over the past week, with market participants claiming that rising demand and limited domestic supply will continue to support current premium levels in the near term. AMM's spot P1020 premium edged up to 18.25 to 18.75 cents per pound on April 18, from 18.25 to...
