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 factory expected to create 2,000 jobs
The City Council on Monday night was expected to approve the framework of a development agreement that would bring a $1.5 billion aluminum production facility and as many as 2,000 high-skilled manufacturing jobs to the Barstow area. The proposed Exclusive Negotiating Agreement with Newport...
Orbite announces 10M$ equity investment by Québec Govt
Orbite Aluminae Inc. is pleased to announce that the Government of Québec formally approved a 10M$ equity investment in Orbite by Investissement Québec (“IQ”), a mandatory of the Québec Government. The announcement was made at Orbite’s High Purity Alumina (“HPA”) production facility in Cap-Chat,...
CRL-US Aluminum super center opens in Denver
C.R. Laurence Co. has expanded its Denver service center to operate as a CRL-U.S. Aluminum super center, now offering the full U.S. Aluminum line of architectural products and systems, with an extensive inventory of U.S. Aluminum storefront and entrance systems. "Expanding the Denver service center...
Large Ford stores say cost of aluminum body shop will surpass $70,000
Michigan Ford dealer Ed Joliffe has been calculating the cost of getting his body shop ready for the 2015 aluminum F-150 pickup, and finds the numbers sobering. "It's going to cost anywhere from $50,000 to $100,000. That's a hell of a chunk," says Joliffe, who owns Gorno Ford in suburban Detroit....
Aluminium Association updates on semi-finished aluminium
According to Aluminium Association reports, estimated shipments of Aluminum Drawing Stock, Bare Wire and Rod & Bar by U.S. and Canadian producers totaled 103.0 million pounds during January 2014, off 9.0 percent from the January 2013 total of 113.1 million pounds. Compared to the previous month,...
Bonnell Aluminum begins production on New Extrusion Line dedicated to automotive
Bonnell Aluminum, a subsidiary of Tredegar Corporation (TG), announced today that its new extrusion line has begun production, and the volume ramp-up is progressing as planned. “We are excited about our early entry to the automotive industry, at a time when fuel efficiency standards are driving...
RUSAL sees global Aluminum demand to grow by 6% y/y in 2014
Russian giant Rusal sees global aluminum demand to grow by 6% this year over 2013. According to RUSAL, China and other Asian economies are expected to grow strongly and the developed markets including the US and Europe should continue to show a healthy growth. Aided by strong growth within Asia,...
Canadian International Aluminium Conference to be held at Montreal this June
Montreal will be hosting the Canadian International Aluminium Conference and bring together some of the leading aluminum experts in the world. Researchers, lectures and major organizations of the industry will share this platform to present their individual outlook for aluminium with...
Noranda Aluminum Holding Corp. Receives Average Rating of “Hold” from Analysts
Noranda Aluminum Holding Corp. has earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock, American Banking & Market News reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and...
TMS 2014 takes San Diego by storm
More than 4,000 business leaders, engineers, scientists and other professionals in the minerals, metals and materials fields attended the 143rd TMS Annual Meeting & Exhibition in San Diego, California on 16th – 20th February 2014. The TMS 2014 Annual Meeting presented nearly 70 symposia covering a...
Aluminum Association names Ryan Olsen as VP, Business Information & Statistics
The Aluminum Association announced the appointment of Ryan Olsen as the new Vice President of Business Information & Statistics. This completes the leadership restructuring effort under Association President and CEO Heidi Brock, creating a dynamic organization designed to promote the use of...
Alcoa founding member of the first Lightweight Metals Manufacturing Institute in the United States
Alcoa, a global leader in lightweight metals engineering and manufacturing, is a founding member of the country’s first manufacturing institute focused solely on light metals: the National Lightweight and Modern Metals Innovation Institute in Detroit, Michigan. The institute was formally unveiled...
Steel Industry concerned about automakers move towards the aluminum industry
For nearly a century, Ford’s River Rouge factory and its neighboring steel mill have worked in close harmony to produce some of America’s most popular vehicles, from the Model A to the F-150 pickup truck. But ever since Ford announced last month that it would make the body of its new F-150 mostly...
City Council's agenda includes resolution to support Southern Aluminum expansion
A resolution to assist the expansion of a local industry will come before the Magnolia City Council today. The resolution will support an application by Southern Aluminum for participation in the State of Arkansas’ “Tax Back” program. The program provides sales and use tax refunds on the purchase...
Energy watchdog group claims Noranda Aluminum wants lower rates amid profitable growth
Noranda Aluminum alleges Ameren Missouri is overcharging consumers for electricity and gas. But one watchdog group says Noranda is just trying skirt the system to get a better deal than it deserves. Tennessee-based Noranda Aluminum runs a large smelting facility in Southeast Missouri … it’s the...
Producers seek higher premiums from Japanese buyers to offset weak metal prices – Sources
Europe aluminium premium recorded high in February, a rise of 30 % from 2014 beginning, and have stayed at high levels of approximately $360 a tonne above cash aluminium price at LME. Still, the prices are quite low in North America, where the aluminium premiums in Midwest rose to 20.5 cents per lb...
Alcoa Reaches Power Agreement to Improve Competitiveness of Québec Smelters
Alcoa and the Government of Québec have reached an agreement to improve the competitiveness of Alcoa’s three smelters in Québec, securing approximately 3,000 jobs. Under the agreement, Hydro-Québec will renew Alcoa’s power supply contracts for the Becancour and Deschambault facilities until 2030...
GM moves toward aluminum pickups in 2018
General Motors' executives insist they're not sweating Ford's 2015 aluminum F-150. They say they'll counter with redesigned mid-sized pickups and are working on updates to GM's freshly redesigned full-sized pickups. And it appears they'll be slinging plenty of aluminum of their own -- in about five...
