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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TRP offering aluminum wheels for trucks, trailers
TRP has announced the availability of aluminium wheels for all makes of trucks and trailers, offering significant weight reduction and fuel efficiency benefits to operators everywhere. Available in 22.5-inch and 24.5-inch sizes in both machined and high-polish finishes, TRP aluminum wheels are...
Pennex to lease part of ILSCO’s aluminum plant
ILSCO Extrusions Inc. and Pennex Aluminum said Friday the two companies reached a long term agreement for Pennex to lease the aluminum billeting operation at ILSCO’s Sugar Grove Township plant. Terms of the deal, including the length of the agreement or the financial arrangements, were not...
Century Aluminum Sets Date for Fourth Quarter 2012 Earnings Announcement
Century Aluminum Company (NASDAQ: CENX) will report fourth quarter 2012 earnings on Thursday, February 21st after the close of market trading. The news release will be issued through Marketwire. The company will hold a follow-up conference call on Thursday, February 21st at 5:00 p.m. Eastern time....
Rio Tinto Alcan gives 12-month notice to its power supplier
Following the lead of Century Aluminum at Hawesville, Ky., the Rio Tinto Alcan aluminum smelter at Sebree, Ky. has notified its electric suppliers it intends to shut down in 12 months. Rio Tinto Alcan’s website says it uses 325 megawatts of electricity each day — enough to power a city the size of...
Mr. David Love joins Sinoway as Director of Fuel Petcoke, North America
Sinoway International Holdings (Sinoway) announces the appointment of Mr. David Love to the Sinoway team. David joins Sinoway as Director of Fuel Petcoke, North America. In this position, David will be responsible for Sinoway’s fuel grade petroleum coke business in the region. David will be based...
Goldman cuts AK Steel, Century Aluminum to sell
Shares of AK Steel and Century Aluminum Co. both fell in midday action Monday after Goldman Sachs downgraded both stocks from neutral to sell. Goldman cut the ratings as part of a general downgrading of the entire steel sector to cautious from neutral, stating that "significant multiple expansions...
Kentucky regulators denied a request to reduce their revenue as part of a Big Rivers Electric rate case
In another blow to Century Aluminum and Rio Tinto Alcan, Kentucky regulators Tuesday denied a request to reduce their revenue requirements as part of a Big Rivers Electric rate case. The Public Service Commission largely reaffirmed its November 2011 rate adjustment case for Big Rivers, a Henderson,...
Aluminum Association president Heidi Brock elected to CAM board of directors
Aluminum Association President Heidi Brock was elected to the Board of Directors of the National Association of Manufacturer’s (NAM) Council of Manufacturing Associations (CMA). The announcement was made during CMA’s Winter Leadership Conference in Annapolis, MD. The CMA is made up of more than 200...
Alcoa's Lafayette expansion on track for end-2014: official
Alcoa's $90 million expansion in Lafayette, Indiana, featuring a new aluminum lithium casting facility is on track and should be operational by the end of next year, a company official said Tuesday. The world's largest aluminum company currently produces extrusions for the aerospace industry at the...
Kaiser Aluminum Announces Fourth Quarter Conference Call
Kaiser Aluminum Corporation today announced that it plans to release its fourth quarter and full year 2012 financial and operating results on Tuesday, February 19, 2013 after the market closes. The Company will host its quarterly conference call on Wednesday, February 20, 2013 at: Kaiser Aluminum...
Aluminium Symposium 2013 concluded in California with Alba's sponsorship
Alba's sponsorship support for Aluminium Symposium 2013 marks the company's continuing commitment to engage with industry peers on global platforms in expanding aluminium's reach across diverse territories. Aluminium Symposium 2013 - organised by Platts, a leading global provider of energy,...
New Hydratight aluminium in-line test tools set to expand weld testing capabilities
A new range of aluminium in-line weld test tools from Hydratight is set to expand the capabilities of weld testing operations. Hydratight’s new aluminium in-line test tools find application primarily in branch-line pipework where they can be used to isolate the line completely, create a vapour...
Noranda sees US aluminum market in recovery, but customers still cautious
The US aluminum market has started to show signs of recovery, Kip Smith, president of Noranda Aluminum said Monday. "Were in recovery mode, but take your own view how robust that recovery is," Smith said at the Platts Aluminum Symposium in San Diego. Smith said that the US housing market had...
Southern Aluminum Finishing has started production in its new anodizing plant at Redding
Six years after expanding to Redding, Southern Aluminum Finishing has started production in its new anodizing plant, which will supply commercial builders across the West. The facility in the Mountain Lakes Industrial Park in north Redding has 20 employees and could add up to 20 more this year, SAF...
JW Aluminum Finds Scrap Supplier for South Carolina Plant
The David J. Joseph Co.’s Metals Group and JW Aluminum have announced that as of Jan. 21, 2013, JW Aluminum will use DJJ as the primary scrap buying agent for its Mt. Holly, S.C., aluminum manufacturing facility. JW Aluminum will continue to source scrap directly from the marketplace for its other...
Noranda Aluminum Stock Rating Lowered from a “neutral” to “underperform”
Noranda Aluminum Holding was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Tuesday. They currently have a $6.10 target price on the stock. Noranda Aluminum Holding traded down 0.31% on Tuesday, hitting $6.42. Noranda Aluminum Holding has a 52-week low...
Rio Tinto says aluminium production down by 9%
Rio Tinto Alcan's aluminium production was nine per cent lower in 2012 compared with the previous year, and fourth quarter production was two per cent down, largely due to the impact of industrial action at one of its Canadian smelters, the company said. Rio Tinto Alcan, the majority owner of the...
Reliant Aluminum Promotes use of Aluminum in the manufacturing Industry
Reliant Aluminum Products, an exclusive distributor of Clariant products here in the U.S., has produced several videos that promote the use of aluminum in the manufacturing process, as well as an advocacy video for several aluminum trade groups. Reliant president Jack Humble hosts a video that...
