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 buys raw materials from Ormet
Federal court records show Pittsburgh-based Alcoa Inc. will pay about $11 million to purchase 51,841 metric tons of carbon anodes from Ormet Corp., as the bankrupt company continues selling off raw materials needed to make aluminum. Judge Mary Walrath of the U.S. District Bankruptcy Court in...
Smelter cuts, finance deals send aluminium premiums toward record high
Aluminium premiums, or costs to get metal out of storage, have soared to all-time highs in the United States with Europe and Asia close behind as smelters shut and spare metal is snatched up by traders for collateral in financing deals. The rise in premiums highlights the London Metal Exchange's...
U.S.Can recycling rate hits 67 percent
The U.S. continued its decade-long upward trend of aluminum can recycling in 2012 with a rate of 67 percent, according to data released by the Aluminum Association, Can Manufacturers Institute (CMI) and Institute of Scrap Recycling Industries (ISRI). This is the highest recycling rate since the...
Somerville Aluminum wins award for excellence in marketing
Somerville Aluminum, a full-service home improvement and remodeling company in Central New Jersey, recently announced its newest achievement: winning Window & Door’s “Dealer of the Year” award. The award was presented to Somerville Aluminum for its overall excellence in marketing in regards to its...
Diana Perreiah, President, Alcoa Building and Construction to be awarded by the manufacturing institute
The Manufacturing Institute will award Diana Perreiah, President of Alcoa Building and Construction Systems in North America, with the Women in Manufacturing STEP (Science, Technology, Engineering and Production) Award. The STEP Awards recognize women who have demonstrated excellence and leadership...
Ford gets ready to unveil the aluminum F-150
Ford Motor is putting the F-150 pickup's 37-year winning streak on the line in 2014, with an expected radical shift to aluminum. The new F-150 is expected to use 600 pounds of aluminum, replacing about 1,000 pounds of steel, according to industry consultant Ducker Worldwide. The move accounts for a...
Aluminum shipments slide in US and Canada in November
Following a general improvement in volume during October, North American metals service centers’ deliveries of steel and aluminum declined significantly in November. The figures reported by the Metals Service Center Institute in its Monthly Activities Report showed double-digit declines for both...
American Metal Roofs to donate aluminium roofing materials for veterans memorial building
American Metal Roofs will continue to support the community in 2014 by donating Rustic Shingle aluminum roofing materials to Montrose Veterans. The roof will protect a six foot two-ton bell that will be the centerpiece of the new memorial. To honor Veterans, American Metal Roofs will be donating...
Downstream aluminium industry statistics for U.S. and Canada
Estimated shipments of Aluminum Forgings and Impacts by U.S. and Canadian producers totaled 24.5 million pounds during November 2013, an increase of 19.7 percent over the November 2012 total of 20.4 million pounds. Compared to the previous month, shipments decreased 7.4 percent from the October...
Efforts continued to save Ormet aluminium smelter
The United Steelworkers hosted a media call Friday to provide an update on its efforts to reopen the Ormet Corp. aluminum smelter in Hannibal, Ohio, and clear up any misinformation. On Dec. 19, Ormet held an auction to sell off some of its equipment and raw materials at the facility to pay back...
Ford to use military-grade aluminum shielding from US army supplier for new F-150 truck
Ford will use military-grade aluminum shielding borrowed from a US army supplier to launch the new F-150 truck with a suitably butch halo, insiders claim, bringing the much anticipated aluminum-bodied vehicle to the North American International Auto Show next month. The new F-150, expected to...
Aluminum Christmas trees back in vogue
More festive news now and Christmas trees made of aluminum were a high street hit in the US during the 1960s. But, due to falling popularity, production ceased in the early 1970s and they became a relic of the past. Now, thanks to a new trend, they’re back. For some people in the United States,...
"Ford to Collaborate with Alcoa on 2015 F-150 Display at Detroit "
It's one of the most highly anticipated vehicles expected to debut next year, and its significance to Ford and to the domestic auto industry in particular can't be over-stated. It's the 2015 Ford F-150. We've seen numerous prototype mules showing a strong resemblance to the Atlas Concept that was a...
Ormet continues to sell materials
A purchase order shows Libertas Copper will pay about $3 million for approximately 430 metric tons of copper rods from bankrupt aluminum producer Ormet Corp., while the sale of Ormet's former Burnside, La. alumina refinery to Almatis Inc. is complete. The company continues selling the raw materials...
Novelis injects USD 205 million into auto recycling expansion in Oswego
Novelis, the world leader in aluminum rolling and recycling, said that it will invest an additional USD 205 million to further expand its global automobile recycling operations. The company plans to build new finishing lines at its plants in Oswego, NY and Nachterstedt, Germany. They will be...
Alcoa to curtail powdered metal operations in Texas
Alcoa Inc. plans to curtail its Rockdale, Texas, aluminum powder operations as it looks to cut costs in its primary products business. That process is expected to be completed by the end of February, a spokeswoman for the Pittsburgh-based aluminum producer told via e-mail Dec. 18. The facility...
Hot Stock: Noranda Aluminum, Shares Gain 9.6% (NOR)
Noranda Aluminum (NYSE:NOR) is one of today's best performing low-priced stocks, up 9.6% to $2.62 on 1.4x average daily volume. Noranda Aluminum has traded 503,000 shares thus far today, vs. average volume of 362,000 shares per day. The stock has outperformed the Dow (9.6% to the Dow's 0.1%) and...
Aluminum Manufacturing in Canada Industry Market Research Report from IBISWorld Has Been Updated
The Aluminum Manufacturing industry fought through tough economic conditions the past five years. The onslaught of the Great Recession caused demand from the industry's major industrial manufacturing and construction markets to plummet, particularly car and automobile manufacturers and...
