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
Alcoa hits two-week high on Goldman upgrade
Alcoa Inc., the largest U.S. aluminum maker, climbed to the highest in more than two weeks after Goldman Sachs upgraded the stock and raised its price target. The shares rose 3.7 percent to $9.58 at 1:23 p.m. in New York, after reaching $9.75, the highest intraday price since Nov. 6. Goldman Sachs...
Aluminum Association continues growth with two new member companies
The Aluminum Association announced today the addition of two new member companies, Aluminicaste and Walbridge. Aluminicaste joined as a producer member while Walbridge joined as an associate member. This brings total company membership in the Association to 98, consisting of 50 producer members and...
Alcoa announces three-year strategy
Alcoa, a leading supplier of aluminium powder, has set its business targets for 2016, with plans to grow its value-add businesses and lower the cost structure of its commodity business. For the 2010 to 2013 period, Alcoa said that it is on track to generate an additional combined US$1.8 billion in...
Trafigura outbids Glencore for Ormet’s alumina
Trafigura has outbid Glencore Xstrata in an auction for 32,000 tonnes of alumina offered for sale by bankrupt aluminium producer Ormet. Switzerland-based Trafigura and Ohio-based Ormet agreed to a purchase price of nearly $9 million, or $281 per tonne, according to a sales contract signed by...
Sebree Smelter jobs safe
It appears the 480 jobs at Century Aluminum's Sebree Smelter will not be going anywhere in the near future. Century, Big Rivers and Kenergy have reached a new power agreement for the plant. The deal is similar to the agreement the companies have concerning Century's Hawesville plant. Under that...
Aluminium highlights for U.S. and Canada for the month of October
Estimated shipments of Aluminum Foil by U.S. and Canadian producers totaled 81.7 million pounds during October 2013, up 1.4 percent over the October 2012 total of 80.6 million pounds. Compared to the previous month, shipments rose six-tenths of one percent over the September 2013 revised total of...
US aluminium companies hit by power outages after storm
Aluminium companies from the US Midwest to the East Coast were hit by power outages resulting from powerful storms that hit the country earlier in the week. Netherlands-based aluminium products manufacturer Constellium experienced three power outages at its plants in Novi and Van Buren during the...
Century, Big Rivers and Kenergy file definitive energy agreements for Sebree smelter
Century Aluminum Sebree LLC, a wholly owned subsidiary of Century Aluminum Company, Kenergy Corp. and Big Rivers Electric Corporation today announced that they have finalized and filed with the Kentucky Public Service Commission definitive agreements among the parties for a new power arrangement...
Constellium awarded multi-year contract to supply advanced aluminium solutions to The Boeing Company
Constellium N.V. announced today that the company has been awarded a multi-year agreement with The Boeing Company to support all of The Boeing Company's leading commercial airplane programs. With this agreement, Constellium will increase both the scope and range of products it supplies. Under the...
Tredegar officials confirm Bonnell staffing changes
A small number of top employees from Bonnell Aluminum were let go last week, according to officials with the Newnan industry's parent company, Tredegar Corporation in Richmond, Virginia. 'Unfortunately, from time to time, market conditions require us to make staffing reductions, despite our efforts...
Sural Québec Inc. receives financial support from Government of Canada
The Honourable Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec, today announced that the firm Sural Québec Inc. has been granted financial assistance to launch operation of its...
Rexam wins Great American Can RoundUp Industry challenge
The Great American Can RoundUp Industry Challenge, sponsored by the Can Manufacturers Institute (CMI), has named Rexam Beverage Can North America as the 2012-2013 competition winner. This year, the aluminium can industry collected and recycled 178,000 pounds of beverage cans, raising more than...
Novelis sells North American aluminum foil business to Reynolds
Novelis Inc., the world leader in aluminum rolling and recycling, today announced that it has signed a definitive agreement for the sale of its North American consumer foil products business to Reynolds Consumer Products, Inc. The transaction includes foil manufacturing plants in Toronto, ON, and...
US aluminium centers’ shipments at 17-month high
US service centers last month recorded their strongest aluminium shipments since May last year, boosting expectations for 2014 even as some market sources questioned the sustainability of the demand uptick. Improved activity was reported in markets as diverse as aerospace, automotive and commercial...
Covanta Tartech starts its metals recovery and recycling fecility in Massachusetts, USA
Covanta Tartech, a joint venture between Covanta Energy Corporation and Germany-based Tartech eco industries, has started up its metals recovery and recycling system at an ash monofill in Massachusetts, USA. The Peabody facility is expected to recover 'thousands of tonnes of metal' deposited in the...
Erbslöh acquires US extrusion press company
Bowers Manufacturing Company in Portage, Michigan, USA was taken over by Erbslöh as of 1 November 2013. Erbslöh is a company with long tradition. It is located in Velbert, Germany and belongs to the WKW automotive group. In future the new production facilities will supply extruded products to their...
LME extends aluminium warehousing network in US, Netherlands
The LME has extended its list of good delivery points for its primary aluminium contract, approving new locations in the US and Europe. Owensboro, Kentucky and Moerdijk in the Netherlands have both been approved as good delivery points for primary aluminium, the LME said in notices to members. Both...
America Recycles Day spotlights industry critical to environment and economy
In honor of America Recycles Day, the Institute of Scrap Recycling Industries (ISRI), applauded all individuals who make a strong effort to recycle as part of daily life, and encouraged all to learn more about recycling and the industry. ISRI, which serves as the voice of the recycling industryTM,...
