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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EU officially requests to join the WTO consultation on Chinese subsidies
<p>The delegation of the European Union circulated a communication to the delegation of China, the delegation of the United States and to the Chairperson of the Dispute Settlement Body officially requesting to join the WTO consultation launched by the US on Chinese subsidies to producers of primary...
LME aluminium rises as dollar slumps after Trump’s advisor calls euro “grossly undervalued”
<p>The U.S. dollar fell against the euro and other major global currencies on Tuesday, January 31, extending its year-to-date decline after Peter Navarro, the newly elected head economic policy advisor to President Donald Trump called Europe’s currency "grossly undervalued." The dollar...
U.S. and Canada shipped estimated 23.8 million pounds of aluminium forgings and impacts in December 2016
<p>According to the monthly aluminium highlights published by Aluminum Association, U.S. and Canadian producers shipped estimated 23.8 million pounds of aluminium Forgings and Impacts during December 2016, registering a slight drop YOY. On a month on month comparison, shipments dropped 5.5% from...
Century Aluminum files antitrust lawsuit against its power provider
<p>Century Aluminum has filed an antitrust lawsuit in federal court against Santee Cooper, its power provider. The company accuses the power provider of breaching state and federal antitrust laws to which Santee Cooper assures "vigorous defense."<br /><br />Michael Bless, Century Aluminum...
Total aluminium recovery from scrap by the US aluminium industry increases 15% YOY in November
<p>According to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, the U.S. aluminium industry purchased an estimated 792 million pounds of aluminium scrap during November 2016, this records a healthy increase of 14.4% over the November 2015 total of 693...
An Aluminium Airship changes the future of flight
<p>The new model of an aluminium Airship has lot to offer for the 21st century. An aluminium Airship called Aeroscraft has the potential to change the future of travel in military applications, air freight, air cruise tourism, and more. The aluminium airship is claimed to be lighter than air in the...
Century Aluminum completes sale of Ravenswood aluminium plant
<p>A filing with the U.S. Securities and Exchange Commission confirms that Century Aluminum has completed the sale of its Ravenswood smelter to Applied Partners Inc. for about $15 million. Both the companies signed a sale agreement on Dec. 2 and all the official formalities were completed on...
Coors Company produced the first ever aluminium beer can in Colorado
<p>Colorado has one of the largest concentrations of beer lovers in the world. Interestingly, the state leader or the governor of Colorado John Hickenlooper himself was into beer production before beginning his political career. Colorado produces some of the tastiest and biggest names in beer,...
Century Aluminum shares continues to rise after US files a case at WTO
<p>A number of analysts downgraded shares of Century Aluminum Company in 2016 after its negative performance in Third Quarter results. However, after the U.S. election results were out, the shares of the company, traded on the Nasdaq under ticker CENX, had been on a steady rise. During the current...
Detroit based start-up Shinola introduces aluminium audio-gear Runwell Turntable
<p>The city of Detroit has always been known for its tradition in industrial development as much as it has been known for its musical legacy. Now, the city's socially responsible start-up Shinola has come up with an offering that marries both- engineering and music. The company has launched its...
Aluminium demand in U.S. and Canada up through 2016, domestic shipments down
<p>Preliminary estimates by Aluminum Association indicate that aluminium demand in the United States and Canada that includes shipments by domestic producers plus imports stood at an estimated 24,296 million pounds for the f first 11 months of 2016. This records a 2.1 per cent increase over the...
The U.S. receives 685.1 million pounds of can stock scrap in 2016
<p>According to the Aluminum Association reports, new can stock (class) scrap receipts in USA stood at 53.6 million pounds during December 2016. This records a slight decrease from the December 2015 total of 54.0 million pounds.<br /><br /><img style="vertical-align: middle; display: block;...
European Aluminium to closely follow the case at WTO on Chinese subsidies
<p>Last week the US filed a World Trade Organization (WTO) case on Chinese aluminium subsidies. European Aluminium through a press release has confirmed that as firm proponents of free and fair trade, the association will closely follow the case as it develops and expects the European Commission to...
LME aluminium surges as U.S. dollar index sinks to a month's low on Thursday
<p>It's a near trade-war situation, when the President-elect of the world's most powerful economy tells his people that the currency value of the country is way "too strong" to compete with the Asian power called China. Just one more day to go, and then Donald Trump takes charge of the White House...
Aluminum Association applauds DOC Secretary Nominee Wilbur Ross’ comments on overcapacity
<p>The Aluminum Association commended remarks today by Secretary of Commerce nominee Wilbur Ross on the continued impact of Chinese overcapacity on the domestic steel and aluminium industries.<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
$25 million worth of aluminium seized by U.S. customs officials in relation to unlawful shipping
<p>According to a Wall Street Journal report, $25 million worth of aluminium has been seized by U.S. customs officials. As sources says the stockpile may be linked to a Chinese billionaire accused of dumping cheap aluminium across the world.<br /><br />This is a significant step taken by federal...
Crystal’s new aluminium window earns national industry recognition
<p>Crystal Window & Door Systems announces the receipt of national industry recognition for one of its popular products. The Crystal Series 8500/8600 aluminium projected window line, available in a variety of styles and feature options has been selected as US Glass Magazine's 2016...
AEC Applauds U.S. trade representative’s decision to help protect the U.S. aluminum industry
<p>The Aluminum Extruders Council (AEC) announced its strong support for the new trade enforcement action against the People’s Republic of China announced today by the United States Trade Representative (USTR). The action seeks to have the World Trade Organization (WTO) address U.S....
