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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Recycling industry forms Law Enforcement Advisory Council to help in fight against metals theft
The Institute of Scrap Recycling Industries (ISRI) today announced the creation of a Law Enforcement Advisory Council, a select group of experienced law enforcement officers, prosecutors and security personnel from around the country with an understanding of the metals theft issue. The Council will...
AMAG Austria Metall wins a multi-year contract with Boeing aluminium
AMAG Austria Metall has won a multi-year contract worth hundreds of millions of dollars to supply aircraft maker Boeing with aluminium sheets and strips, it said. "With the success of this contract, the years-long partnership with Boeing will be expanded on the basis of significantly greater supply...
Rochester Aluminum adds a third furnace to Greenway's operations
Rochester Aluminum Smelting Canada Ltd., has acquired aluminum scrap rotary furnace operator Greenway Industries Corp., Concord., Ontario, Canada. Rochester Aluminum, also based in Concord, produces aluminum casting alloys, primary and secondary aluminum shot, granules, cones, pyramids and...
Aluminium changes its way into the automobile world
Mustang versus Camaro. BMW versus Mercedes. Camry versus Accord. These are among the biggest rivalries in the automobile world. Get ready for the next epic battle: aluminium versus steel. “This has become a real competition,” said Golam Newaz, an automotive materials engineer at Wayne State...
Inauguration of Rio Tinto Alcan’s AP60 aluminium smelter in Canada
Rio Tinto Alcan, a Canadian subsidiary of Rio Tinto, the global giant in the mining industry inaugurated Arvida aluminium smelter, the AP60 Technology Centre, worth $1.1-billion in Saguenay-Lac-St-Jean, Quebec. This new plant has a total installed capacity of 60 000 t of aluminium. In a press...
Die casters furnish testimony to Senate
North American Die Casting Association (Nadca) has submitted formal testimony to the Senate Banking subcommittee on Financial Institutions and Consumer Protection, which is looking into the ownership of metals, particularly aluminum, by warehouses and financial institutions. "This is an important...
Alcoa to permanently close potlines at Massena East Smelter
Alcoa today announced it will permanently close the remaining two potlines at its Massena East smelter in New York in the first quarter of this year. The decision was made because the potlines are no longer competitive. One of three potlines at the facility was permanently closed in August 2013....
Rising aluminum premiums in U.S. worry end-users
The constant rise in U.S. aluminum premiums to a record level is fuelling the worry over falling supply and rising costs of a major raw material for beverage can makers as well as the automakers, despite the oversupply of stocks in the market. Premium for aluminum paid in U.S., on top of the LME...
Alcoa completes $300 Million expansion in Iowa to meet automotive demand
Alcoa today announced it has completed a $300 million expansion at its Davenport, Iowa facility dedicated to supplying aluminum sheet products to the automotive industry. Alcoa executives made the announcement as the 2014 North American International Auto Show (NAIAS) in Detroit displays a number...
Aluminum Ford F-150 could drive growth for Novelis and Alcoa
America's best-selling vehicle — the Ford F-150 — is going aluminum. The move hints at a broader shift for the automotive industry, which is racing to meet increased fuel efficiency standards. Ford Motor Co. unveiled a mostly aluminum F-150 at the North American International Auto Show in Detroit....
Aleris considers expansion in US to meet rising automotive demand
On 13th Jan, Steven Demetriou, Chairman & Chief Executive of Aleris International, said that they are considering the expansion of its automotive aluminum capacity in United States. His positive outlook comes as the aluminum industry is struggling with the low London Metal Exchange (LME) prices,...
Pennex to expand aluminum extrusion plant in Ohio
Pennex Aluminum Co. has announced its plans to undergo a $33 million expansion project of Leetonia, Ohio, aluminum extrusion facility. Headquartered in Wellsville, this industrial aluminum scrap recycling company plans to start this project that includes installation of construction of specialized...
Alcoa foresees an aluminium surplus despite steady demand
Alcoa Inc. is very optimistic about the demand for aluminium in the year 2014, according to its initial forecast released with its results. It expects that demand for white metal will increase by 7% this year, keeping a match with the growth of last year. Though the forecast says China’s demand...
Automakers may be short of aluminium in future due to heavy demand
With automakers' demand for aluminum growing explosively as they seek to improve fuel efficiency, aluminum providers are selling out their automotive capacity almost as fast as they can build new plants, raising the question of whether some car makers could be caught short in the future. The U.S....
LME looking to launch U.S. aluminum premium contract
The London Metal Exchange is considering launching a U.S. aluminum premium contract, a senior executive said, potentially expanding its most-traded product after years of criticism over high physical prices. The contract, plans for which are still in the early stages, would reflect the cash premium...
Major sustainability gains for North American Aluminum industry
Energy demand and greenhouse gas emissions associated with primary aluminum production in the United States and Canada have declined significantly in recent years according to a new, peer-reviewed life-cycle assessment (LCA) report released by the Aluminum Association. The study covers all life...
Recycler and trader Larry Sax has died
The death has been announced of Larry Sax, a familiar presence in international recycling circles over many decades. He was 80. He began his scrap processing and trading career with family business J. Sax & Co. of Chelsea in Massachusetts, USA, and went on to work for several other companies,...
Former Ormet workers protest over plant’s closing
Dozens of former Ormet Corp. employees picketed in front of American Electric Power headquarters yesterday, hoping to call attention to what they see as inaction by the utility and state regulators that led the southeastern Ohio aluminum smelter to shut down. “All we want to do is go back to work,”...
