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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Garmat Aluma SAFE Aluminum Repair Stations Included in F-150 Collision Repair Program
Garmat Aluma SAFE Aluminum Repair Stations in USA have been included officially in 2015 F-150 Collision Repair Program of Ford Motor Company’s, Garmat said it on Tuesday. Garmat aluminum repair station offers the basic isolation for aluminum repair process. The unit contains heavy weight weld view...
Elektron Introduces New MultiTool Aluminum Dent Repair Station
Elektron's new MultiTool Aluminum Dent Repair Station is a complete mobile workstation equipped with the tools technicians need to properly repair dents in aluminum sheet metal body panels and hoods. Because ferrous metal can contaminate aluminum and cause corrosion (leading to adhesion issues and...
Alcoa benefits from aluminum’s demand in auto industry
Alcoa is going to celebrate the expansion of its new project in a week from now. On February 6th, 2014, the company was a part of a “Think Tank Session” where a discussion was made on the topic why automobile industry is making a move towards aluminum. Recently Ford announced its new F-150 will...
Sapa Group announces results for the fourth quarter 2013
Underlying EBIT for Sapa Group for the fourth quarter 2013 reflects a seasonally weaker quarter and charges related to impairment of inventories and accounts receivables. Key Figures – Sapa (50%) NOK million, except sales volumes Fourth quarter 2013 Revenue 5,066 Underlying EBITDA (22) Underlying...
Aluminum repair tool manufacturers bullish on 2015 Ford F-150
A major change in an industry presents new issues, but also presents new opportunities, and the high volume of production expected for the 2015 Ford F-150 is expected to be a boon for companies that make specialized aluminum repair tools for body shops, Automotive News reports. Up to this point,...
USA. Willard Marine will supply aluminum patrol boats for Ukrainian Navy
Willard Marine, who has earned name as composite and aluminum boats builder, has got an order to supply four aluminum patrol boats ( includes an option for the fifth as well) to the Ukrainian navy. Issued by U.S. Navy Foreign Military Sales (FMS) office, according to the contract, Willard Marine is...
Rise in U.S. aluminum premium to generate interest in CME contract
While the premiums paid for physical delivery of aluminium against the LME benchmark is going up and industrial users are trying to protect themselves against further rise in premium, CME Group Inc’s nascent aluminium premium contract is picking up in the market during the beginning of the year....
Alcoa Foundation grants aid to Collision Repair Education Foundation for Aluminum Repair Training Programs
The Collision Repair Education Foundation announced that the Alcoa Foundation, the philanthropic arm of aluminum company Alcoa, awarded a $60,000 grant that will provide aluminum repair-focused training and technical presentations to high school and college collision instructors and industry...
Next-gen Volkswagen Phaeton promises to be bigger with an all-aluminum body
According to a latest report, the next-gen Volkswagen Phaeton will be bigger and will feature an all-aluminum body. Since Phaeton has been in the market since 2002, the model needs a replacement. Considering the fact it did not get significant facelifts in the year 2007 as well as 2010, Volkswagen...
Century Aluminum sets date for fourth quarter 2013 earnings announcement
Century Aluminum Company will report fourth quarter 2013 earnings on Thursday, February 20th after the close of market trading. The news release will be issued through Marketwired. The company will hold a follow-up conference call on Thursday, February 20th at 5:00 p.m. Eastern time. The earnings...
Century receives permission from Kentucky Public Service Commission for market-priced power for Sebree smelter
Century Aluminum Sebree LLC, a wholly owned subsidiary of Century Aluminum Company, announced today that the Kentucky Public Service Commission has approved agreements among Century Aluminum, Big Rivers Electric Corporation and Kenergy Corp. that will allow Century to purchase market-priced power...
Ford to shut down F-150 truck factory at Dearborn for 11 weeks
Ford Motor says it will have to shut its main F-150 truck factory at Dearborn, Mich., an unusually long 11 weeks to make the changes necessary to build the the 2015 F-150 out of aluminum instead of steel. The other F-150 factory, at Claycomo, Mo., will be down a brief two weeks during 2014 for the...
Novelis hits out at rising premiums for aluminium
The world’s largest buyer of aluminium, Novelis, has hit out at rising prices for the metal, saying that record premiums payable are “indefensible” and give “the appearance of an engineered squeeze” in the North American market. US Midwest premiums – the amount payable on top of the official...
Ford offers dealers 20% discount on aluminum-repair tools
Ford is offering dealerships with body shops a 20 percent discount on the $30,000 to $50,000 in special equipment and training needed to repair the 2015 aluminum pickup. Dealers can get a maximum of $10,000 off if they buy the gear before Oct. 31, said Paul Massie, Ford collision marketing manager....
Primary aluminum witnesses 1.8% increase to $1,746
Looks as though “Constellium NV and UACJ Corp will form a joint venture in the United States to supply the auto industry in response to growing demand for light-weight materials, the companies said on Thursday,” reports Reuters. “Car manufacturers are turning to aluminium to raise fuel efficiency...
Buyers ready to witness Aluminum 2015 Ford F-150
At the National Automobile Dealers Association convention this year, majority of Ford dealers present in the convention are of the view potential buyers for 2015 Ford F-150 are ready to witness an aluminum-bodied truck, according to Automotive News. Since the announcement about an all-aluminum body...
Chevrolet can gain U.S. share in the pickup market : GM executives
General Motors executives say Chevrolet can take market share from Ford in the pickup market despite the planned introduction late this year of a redesigned F-150. Dealers who attended Chevy’s make meeting here on Sunday said GM executives believe Ford’s heavy use of aluminum could raise the cost...
Massena rejects sole Aluminum Trail bid
The Village Board of Trustees on Tuesday night unanimously rejected the sole bid for work on the Aluminum Trail project because it was more than $750,000 higher than the engineer’s estimate. “We are not in favor of this bid,” Public Works Superintendent Hassan Fayad told the board prior to their...
