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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Reliance Steel & Aluminum Co.to Acquire GH Metal Solutions, Inc.
Reliance Steel & Aluminum Co. announced today that, through its wholly-owned subsidiary Feralloy Corporation, it has reached an agreement to purchase all of the outstanding capital stock of GH Metal Solutions, Inc. (formerly known as Gas House, Inc.), a value added processor and fabricator of...
Bodine Aluminum, a Toyota subsidiary forges ahead in Troy and St. Louis
The foreign-made cars in the parking lot offer one hint how Bodine Aluminum differs from the remainder of a regional automobile manufacturing sector once dominated by Big Three domestic production. Other clues, less evident, include the absence of layoffs at Bodine during the recession, an...
Wisconsin company to buy Scott Aluminum Corp
A Wisconsin-based aluminum company plans to buy Scott Aluminum Corp. in Clarksburg and hire 13 workers within the next few years. The West Virginia Economic Development Authority approved a request to transfer a $2.7 million agency loan from Scott Aluminum to Skana Aluminum Co. Thursday. The loan...
Mexican-based Faeza Alloyers Invests $7.56 Million In Indiana Manufacturing Facility
Mexican-based Faeza Alloyers U.S.A., a metal alloys manufacturer and fabricator, will invest $7.56 million to build its first U.S. facility in Shelbyville, Indiana. The Chalco, Mexico-based company, which specializes in producing alloys with zinc and aluminum bases for the automotive industry, will...
O2 Investment Partners Invest in Greco Aluminum Railings Ltd
Greco Aluminum Railings Ltd, a welded aluminum balcony railing manufacturer based in Windsor, Ontario, Canada, announced today that O2 Investment Partners, LLC based in Bloomfield Hills, MI, USA, has partnered with Frank and Larry Greco and acquired a majority interest in Greco. Greco is a leading...
Benada Aluminum Motions to sell Extrusion equipment and Related Assets to Tubelite
Benada Aluminum Products LLC, which filed for Chapter 11 bankruptcy in August, has motioned for approval of an asset sale of certain of its extrusion equipment and related assets to Tubelite Inc. for a purchase price of $2.9 million. The motion was made in the U.S. District Court for the Middle...
The York City Council approved Pennex Aluminum expansion plans
The York City Council on Tuesday evening approved a land development plan submitted by a local metal maker that will add jobs and expand its facilities. Wellsville-based Pennex Aluminum intends to double its size to span 40,000 square feet in York City Business and Industrial Park, where the...
General Cable Aquires North American Business of Alcan Cable
General Cable Corporation announced today that it has completed the acquisition of the North American portion of Alcan Cable for $151 million, subject to customary adjustments primarily related to working capital levels at closing. The North American portion of Alcan Cable represents approximately...
Noranda and Steelworkers union extend contract talks
Noranda Aluminum Inc. and the United Steelworkers of America, the union that represents about 780 employees at the Southeast Missouri aluminum plant, have agreed to a one-week extension of the current collective bargaining agreement. The union and plant have been in contract talks, and the...
Alcoa, Alcoa Foundation and Keep America Beautiful Launch "Action to Accelerate Recycling" Commitment
At the Clinton Global Initiative (CGI) Annual Meeting today, Alcoa, Alcoa Foundation and Keep America Beautiful (KAB) announced a national commitment to increase U.S. recycling rates. "Action to Accelerate Recycling" will generate awareness, create incentives, and provide recycling access and...
Alaska Air Group diverted 230 tons of aluminum for recycling in 2011
Alaska Air Group diverted enough aluminum last year to build three new airplanes, according to the company's first comprehensive corporate sustainability report. Specifically, Alaska Airlines and Horizon Air in-flight recycling programs diverted more than 800 tons of waste from landfills, including...
Scrap aluminum supplies 30 percent of America’s aluminum consumption
Bauxite ore is refined into alumina (aluminum oxide), one of the primary feedstocks for aluminum metal. Scrap aluminum supplies 30 percent of America’s aluminum supply. Recycled aluminum cans supply a portion of the scrap used as a raw material. About 26.5 percent of the aluminum used in America...
Tight profit margin causes secondary aluminum output cuts
Bermco Aluminum has idled production capacity at its secondary aluminum smelter, while Imperial Alloys Corp. is coming off a reduced production schedule. Both companies cited tight profit margins caused by a decoupling of scrap purchasing prices and alloy sales tags for their decisions. Birmingham,...
Alcoa Acquires Biggest Global Buyer of Recycled Cans
Aluminum producer Alcoa has bought beverage can recycling company Evermore Recycling, which it describes as the world’s biggest purchaser of recycled cans. Alcoa and Novelis previously were partners in the recycling company, but Alcoa took control of Evermore at the end of August. Alcoa’s Evermore...
U.S. Aluminum Dallas Service Center to open on Sept.10
Effective Monday, Sept. 10, U.S. Aluminum, currently located at 4841 Lakawana Street in Dallas, will move into the first combined C.R. Laurence/ U.S. Aluminum Service Center located at 2080 Lone Star Drive. "To better serve all of our CRL and U.S. Aluminum customers in the greater Dallas-Fort Worth...
Century and Constellium to go on polls on 6th Nov on Ravenswood reopening
Constellium, which owns the aluminum rolling mill at Ravenswood, says it has lost money in 11 of the last 13 years. Its contract with Steelworkers Local 5668 has expired. About 570 members of the local have applied for unemployment benefits. Century Aluminum idled the adjacent aluminum smelter in...
LME Lists High Grade Primary Aluminum Brand AAR
The London Metal Exchange said Wednesday it has approved the listing of high-grade aluminum brand AAR, which it said constitutes good delivery with immediate effect, the LME said. The brand is produced by Canada-based Rio Tinto Alcan Inc. at the Arvida Works 1955 plant in Quebec, Canada, which has...
Constellium makes new offer to Ravenswood steelworkers
Constellium made another contract offer Wednesday in an attempt to end a month-long strike at its aluminum plant in Jackson County, Governor Earl Ray Tomblin said. The new offer came following an afternoon of negotiations at the governor's mansion in Charleston. But the offer's details and fate...
