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Noranda Aluminum shares showing bearish trend
22 JUN 20121MINS

Noranda Aluminum shares showing bearish trend

Noranda Aluminum shares have crossed bearishly below their 10-day moving average of $7.81 on a volume of 110K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term. Noranda Aluminum share prices have moved...

Century Aluminum Crosses above its 10-day Moving Average
21 JUN 20122MINS

Century Aluminum Crosses above its 10-day Moving Average

Today, shares of Century Aluminum (NASDAQ:CENX) have crossed bullishly above their 10-day moving average of $7.23 on a volume of 468K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term. In the past 52 weeks,...

Aleris Rolled Products Names Kerry Groves Vice President, Sales
19 JUN 20121MINS

Aleris Rolled Products Names Kerry Groves Vice President, Sales

Aleris today announced that it has named Kerry Groves vice president, Sales, of its Rolled Products North America (RPNA) segment. In this role, Groves is responsible for inside and outside sales activity, supporting customers in building and construction, distribution, transportation, light gauge...

DUBAL and EMAL to participate in Annual Aluminium Summit USA
19 JUN 20122MINS

DUBAL and EMAL to participate in Annual Aluminium Summit USA

DUBAL and EMAL promote products, target market share growth at prestigious industry event United Arab Emirates: Senior industry representatives gathered in New York, USA, from 11 to 13 June this year for the 2nd Annual Aluminium Summit, hosted by leading metals publication, American Metal Market....

Harbor Aluminum Outlook offers US Non-Ferrous Scrap Metal Price Outlook
18 JUN 20122MINS

Harbor Aluminum Outlook offers US Non-Ferrous Scrap Metal Price Outlook

Garey Rittenhouse, PSC Metals’ VP of Non-Ferrous Trading has put up a presentation on aluminum scrap prices at the Harbor Aluminum Outlook conference. “Dependency between ferrous and non-ferrous scrap is very real,” Rittenhouse said, pointing out that when ferrous scrap markets see price...

Aluminerie Alouette wins honours at American Metal Market Awards ceremony in New York
18 JUN 20122MINS

Aluminerie Alouette wins honours at American Metal Market Awards ceremony in New York

Last June 12, at the American Metal Market Awards ceremony held in New York, Aluminerie Alouette was awarded a major honor. This event was part of the Annual Aluminium Summit. It is with great pride that the President and CEO, André Martel, received on behalf of Aluminerie Alouette, the prize in...

China aluminium scrap demand to outpace supply and lift prices
18 JUN 20121MINS

China aluminium scrap demand to outpace supply and lift prices

Bloomberg quoted Mr Gerardo Solorio an analyst at Harbor Intelligence said China demand for scrap aluminum will continue to outpace domestic supply, keeping the global market for the metal tight and supporting prices. He said that supply tightness is being exacerbated by growth in the North...

Aluminum Castings' rezoning request decision delayed
15 JUN 20122MINS

Aluminum Castings' rezoning request decision delayed

The fate of Aluminum Castings’ request to be rezoned to a heavy industrial site will have to wait until July as the council waits on a report from the company regarding its plans to increase production at the existing location. Alderman Peter Schwartzman, Ward 5, had raised concerns during the...

Novelis’ Take on Aluminum Light-Weighting in Auto Industry
15 JUN 20122MINS

Novelis’ Take on Aluminum Light-Weighting in Auto Industry

Senior vice president and chief commercial strategist at Novelis, Erwin Mayr always delivers a thought-provoking and well-put-together presentation, and at this year’s Harbor Aluminum Outlook conference, he focused his sights on light-weighting in the auto industry with aluminum — depending on whom...

Leader for Century Aluminum retirees raises new concerns in letter
15 JUN 20125MINS

Leader for Century Aluminum retirees raises new concerns in letter

Karen Gorrell, a leader and representative for Century Aluminum retirees, expressed new concerns about a continuing lack of health-care benefits in a letter she sent to Sens. Jay Rockefeller and Joe Manchin, both D-W.Va., Gov. Earl Ray Tomblin and Century President Michael A. Bless. Gorrell, whose...

US Aluminum Midwest Ingot Price is riding high over the LME cash price
14 JUN 20123MINS

US Aluminum Midwest Ingot Price is riding high over the LME cash price

US buyers could be forgiven for wondering what on earth is going on with aluminum prices. The LME quotation at $1950 per metric ton for cash and not much more for 3-month delivery is deeply in the global cost curve for aluminum smelters, suggesting a market in dire oversupply — a position supported...

Constellium introduces armor aluminum solutions at Eurosatory 2012
14 JUN 20122MINS

Constellium introduces armor aluminum solutions at Eurosatory 2012

Today, at Eurosatory 2012, the leading defense trade event, Constellium announced its global 'Armor' offering including a set of targeted innovative solutions building on aluminum exceptional properties. These new products will be used for vehicle and turret hulls, appliqué armor kits for ballistic...

Alderman urges city to help  Aluminum Castings relocate within Galesburg
12 JUN 20123MINS

Alderman urges city to help Aluminum Castings relocate within Galesburg

Despite a statement last week by the president of Aluminum Castings saying the company will move to Peoria before relocating in Galesburg, Alderman Peter Schwartzman, Ward 5, said in a news release Monday afternoon the City Council should help the company find a new location in Galesburg and...

GKN Aerospace to supply key titanium and aluminium components for Boeing 787-9 Dreamliner
12 JUN 20122MINS

GKN Aerospace to supply key titanium and aluminium components for Boeing 787-9 Dreamliner

GKN Aerospace has been awarded a contract by Boeing, to supply complex machined titanium and aluminium parts and assemblies for the horizontal stabiliser of the 787-9 Dreamliner. Manufacture and assembly work will be undertaken at GKN Aerospace facilities in Long Island, NY, and St. Louis, MO, USA....

Aluminium demand in North American on the rise
11 JUN 20122MINS

Aluminium demand in North American on the rise

Preliminary estimates of total aluminium demand in the USA and Canada for Q1 2012 totaled 5.8 million pounds, a 7.5% increase over Q1 2011. Compared to April 2011, net new orders of mill products reported by domestic producers increased 3.7%. A significant increase was seen in demand for...

Rosemount aluminum recycling plant faces $1million environmental fines
11 JUN 20121MINS

Rosemount aluminum recycling plant faces $1million environmental fines

A Rosemount alumnimum recycling operation faces more than $1 million in fines, civil penalties and required plant upgrades for violating clean air laws and trying to conceal it. Spectro Alloys Corp. pleaded guilty Thursday in federal court and was fined $500,000. A pending civil enforcement...

Quanex Building Products Corporation Announces Departure of Nichols Aluminum President
08 JUN 20121MINS

Quanex Building Products Corporation Announces Departure of Nichols Aluminum President

Quanex Building Products Corporation today announced that Thomas A. Brackmann, President of Nichols Aluminum, is no longer with the company. Quanex is a leading manufacturer of engineered materials, components and systems serving domestic and international window and door OEMs through its...

General Cable To Acquire Alcan Cable from Rio Tinto
08 JUN 20121MINS

General Cable To Acquire Alcan Cable from Rio Tinto

General Cable Corp. says it will acquire Alcan Cable, the wire and cable division of Rio Tinto PLC. The purchase price is $185 million in cash, subject to customary adjustments primarily related to working-capital levels at closing as provided in the definitive purchase agreement. General Cable...