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Rio Tinto Alcan initiates lockout at Alma smelter to protect the safety and integrity of aluminium operations
02 JAN 20122MINS

Rio Tinto Alcan initiates lockout at Alma smelter to protect the safety and integrity of aluminium operations

Rio Tinto Alcan has initiated a lockout at its 438,000 tonne Alma smelter in Saguenay-Lac-Saint-Jean, Quebec after the Syndicat des travailleurs de l'aluminium d'Alma (Alma aluminium workers' union) rejected the company's final proposal for an agreement. Every effort has been made to reach an...

Buyers Accumulate Shares of Noranda Aluminum, Up 3.4%
01 JAN 20121MINS

Buyers Accumulate Shares of Noranda Aluminum, Up 3.4%

Noranda Aluminum (NYSE:NOR) is one of today's notable stocks on the rise, up 3.4% to $8.23. The Dow is up 0.8% to 12,250 and the S&P is currently up 0.8% to 1,260. In the past 52 weeks, shares of Noranda Aluminum have traded between a low of $6.67 and a high of $17.82 and are now at $8.23, which is...

Sapa moves equipment in for expansion that will add 30 jobs
01 JAN 20122MINS

Sapa moves equipment in for expansion that will add 30 jobs

One of the northeastern Louisiana Delta’s largest private employers is set to create more jobs in 2012 as Sapa Extrusions continues construction on an expansion in Delhi. The company is installing equipment this week in a second facility that will allow Sapa to expand its profile in the stadium and...

Nanshan plant construction on track
27 DEC 20112MINS

Nanshan plant construction on track

Anyone driving past the construction site on US 52 and Veterans Memorial Parkway will see that this plant is well underway to completion. NewsChannel 18 spoke with the project director and it seems the hiring process is well underway already, and operations should begin as soon as mid-2012. He said...

Century Aluminum retirees camp outside closed W.Va. plant to protest loss of health benefits
27 DEC 20111MINS

Century Aluminum retirees camp outside closed W.Va. plant to protest loss of health benefits

A group of Century Aluminum retirees is camping outside the company's shuttered plant in Ravenswood to protest their loss of health care benefits. The protesters also include retirees' family members and supporters. Karen Gorrell tells the Parkersburg News and Sentinel (http://bit.ly/s0LroC ) that...

US aluminum extrusion market sees surprising year-end strength
25 DEC 20115MINS

US aluminum extrusion market sees surprising year-end strength

While the US aluminum extrusion segment is seeing surprising strength at year's end and many remelters are sold out for January, a few market players say they are uncertain how long the upturn will last. Market players said low inventories and more demand from the automotive sector are behind the...

Aluminium shipment in November down slightly from October
22 DEC 20112MINS

Aluminium shipment in November down slightly from October

November service center shipments grew at slightly slower rates for both steel and aluminum in the US and Canada. Steel inventory levels declined in the US and Canada from last month. US Service Center Activity 120.8 thousand tons of aluminum products were shipped by US service centers in November,...

RNCOS E Services Private Limited: Innovative Application Leading to US Aluminum Industry Growth
21 DEC 20112MINS

RNCOS E Services Private Limited: Innovative Application Leading to US Aluminum Industry Growth

A new research report launched by RNCOS titled, "US Aluminum Market Analysis", anticipates the aluminum market in the US to witness tremendous growth in the coming years. Innovative applications of aluminum by the introduction of light weight are further providing the necessary boost. Aluminum is...

Rusal plans packaging production increase
21 DEC 20111MINS

Rusal plans packaging production increase

UC Rusal plans to increase production from its Packaging Division by 20% until 2014. It will increase from 80kt to 100kt/y, amounting to 5.3% of the world’s total foil production excluding China. It will also review its production portfolio, to focus on converter foil. Total investment in the...

US UBC recycling rate slips 9.2% in Nov.
21 DEC 20111MINS

US UBC recycling rate slips 9.2% in Nov.

Aluminum used beverage can (UBC) recycling rates reversed course in November, posting a decline after logging slight gains in October. However, the year-to-date total stands at 1.37 billion pounds, up 3.2 percent from the 2010 year-to-date total of 1.33 billion pounds.

Aluminum LME Inventories Balloon to Record High – Part One
21 DEC 20112MINS

Aluminum LME Inventories Balloon to Record High – Part One

LME aluminum inventories have been skyrocketing in recent days, leading some to speculate that falling demand is creating a massive surplus. They may be right; even Andy Home, Reuters columnist and usually a good interpreter of the workings of the LME and related physical trading, wrote an article...

Metals Shipments in North America
19 DEC 20111MINS

Metals Shipments in North America

U.S. service centers shipped 128.0 thousand tons of aluminum products in October 2011, up 10.3% from October 2010. Year-to-date, 2011 aluminum shipments were 1,271.2 thousand tons, up 16.1% from the first 10 months of 2010. Aluminum products inventories at the end of October 2011 were 358.2...

A.C.E. selected for Wisconsin Aluminum Foundry expansion
19 DEC 20111MINS

A.C.E. selected for Wisconsin Aluminum Foundry expansion

A.C.E. Building service has been selected as design/build contractor for an expansion project for Wisconsin Aluminum Foundry. The 35,000-square-foot addition features two overhead crane bays for enhanced production efficiencies, specialized machine bases and a dust collection system.

Rumors swirl around Century Aluminum reopening
19 DEC 20114MINS

Rumors swirl around Century Aluminum reopening

Jackson County that, after a nearly three-year shutdown, Century Aluminum is beginning to work toward restarting its Ravenswood smelting plant. More than 650 people lost their jobs when the company shut down the almost 50-year-old aluminum smelter at the height of the global recession in February...

Blaming starts over Alcoa's jobs-for-license deal
18 DEC 20113MINS

Blaming starts over Alcoa's jobs-for-license deal

A steel company tied to Alcoa Inc. said Friday it's giving up on the aluminum giant's North Carolina former smelter plant as a site for a pair of factories promising hundreds of jobs, and will look to other states for politicians eager to make a deal. Clean Tech Silicon & Bar has another location...

DJ LME: Receives Applications To List Aluminum Alloy, NASAAC Brand CC
15 DEC 20111MINS

DJ LME: Receives Applications To List Aluminum Alloy, NASAAC Brand CC

The London Metal Exchange Wednesday said metal producer Charng Chyi Aluminum Co. Ltd. has applied for its brand, known as CC, to be listed under the exchange's aluminum alloy and North American special aluminium alloy contracts. The company's smelter, in Tainan City, Taiwan, has an annual plant...

Kaiser Aluminum Ranks the Highest in Terms of EBITDA Growth in the Aluminum Industry (KALU, AA, NOR)
15 DEC 20111MINS

Kaiser Aluminum Ranks the Highest in Terms of EBITDA Growth in the Aluminum Industry (KALU, AA, NOR)

Below are the three companies in the Aluminum industry with the highest EBITDA Growth (next year estimate vs. LTM). EBITDA Growth can be valuable in predicting future cash flow generation and earnings power. Kaiser Aluminum (NASDAQ:KALU) is highest with EBITDA growth of 90.2%. Kaiser Aluminum...

GKN composites featured in first flight of second X-47B
14 DEC 20112MINS

GKN composites featured in first flight of second X-47B

GKN Aerospace (Isle of Wight, U.K.) reported on Dec. 7 that it supplied many of the composite parts and structures for the second X-47B Unmanned Combat Air System Carrier Demonstration (UCAS-D) air vehicle, which completed its first flight on Nov. 22 (see link at right for full story). The U.S....