Aluminium unibody marks a major design upgrade in iPhone 18 Pro Max
Apple’s iPhone 18 Pro Max has moved from a titanium frame to an aluminium unibody, marking one of the biggest material changes. The new phone uses an aluminium unibody alongside 40 per cent recycled content, while adding a larger display, upgraded cameras and longer battery life. The iPhone 15 Pro...
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...
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Heidi Brock begins term as Chair of the NAM's Council of Manufacturing Associations
The National Association of Manufacturers (NAM) announced today that Heidi Brock, president and CEO of the Aluminum Association, has been elected chair of the NAM’s Council of Manufacturing Associations (CMA) to serve a one-year term. The CMA, made up of nearly 260 industry-specific manufacturing...
US shredded scrap prices and aluminium scrap prices continue to remain flat
United States shredded scrap prices continued to remain flat during the week ended January 01, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index also showed a flat trend. According to TSI, US Midwest weekly shredded index remained flat during the week at...
SEDCO presents Kaiser Aluminum with incentive for local facility expansion
The Sherman Economic Development Corporation (SEDCO) presented Kaiser Aluminum with a $232,000 cash grant to help offset the cost of a $5.8 million expansion. Kaiser Aluminum Corporation maintains 12 focused production facilities in North America and is a leading provider of automotive aluminum...
US aluminium scrap imports inched higher while exports declined y-o-y in Nov '15
Aluminium imports of ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) totaled 417 million pounds in November 2015, up 1.0 percent over the November 2014 total of 413 million pounds. Including scrap, which accounted for roughly 57 percent of reported aluminium...
Alcoa announces long-term contract with GE Aviation
Lightweight metals leader Alcoa has signed a long-term contract with GE unit GE Aviation for jet engine components in an agreement valued at more than $1.5 billion over the contract life. Under the deal, Alcoa will supply advanced nickel-based superalloy, titanium and aluminum components for a...
Glencore’s U.S. unit Sherwin Alumina files for bankruptcy
Sherwin Alumina Co., the troubled U.S. unit of commodities company Glencore Plc, filed for chapter 11 bankruptcy Monday as a protracted slump in the price of aluminum and a labor lockout strained the alumina plant operator’s finances. Sherwin entered bankruptcy with a plan to sell its assets to...
US shredded scrap prices remain flat; US aluminium scrap prices stay stable
United States shredded scrap prices remained flat during the week ended December 25, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index showed a flat trend. According to TSI, US Midwest weekly shredded index remained flat during the week at $170 a long...
Glencore increases Century Aluminum stake slightly
Glencore converted some of its preferred shares in mid-sized US aluminium producer Century Aluminum into common stock worth about $200 000 at the end of 2015, boosting its stake slightly, a filing showed on Tuesday. The Swiss trader and miner, which was already Century's largest shareholder,...
U.S. aluminium and aluminium alloys recovery rate falls 7.5% y-o-y in Oct 2015
The U.S. aluminium industry purchased an estimated 757 million pounds of aluminium scrap during October 2015, according to aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior, down 7.0 percent from the October 2014 total of 814 million. USGS estimates that...
Demand for U.S. aluminium semi-fabricated products increases 4.7%
Shipments of aluminium extruded products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers totalled an estimated 407.9 million pounds during November 2015, a rise of 4.4 percent over the November 2014 total of 390.9 million pounds. Compared to the previous month,...
LME data shows warehousing firm Metro will charge the most to store aluminium
Warehouse firm Metro International Trade Services, at the heart of a controversy surrounding queues to get metal released from storage is planning to charge the highest rents for aluminum stocks in warehouses approved by the London Metal Exchange. Data from the LME last week showed Metro is...
Reliance Steel & Aluminum Co. share price drops by 1.5%
Reliance Steel & Aluminum Co. has lost 1.5% during the past week and dropped 1.03% in the last 4 weeks. The shares have underperformed the S&P 500 by 0.68% during the past week but Reliance Steel & Aluminum Co. has outperformed the index in 4 weeks by 1.29%. Reliance Steel & Aluminum Co. is up...
Alcoa receiving lion's share of state development funding for St. Lawrence County
Empire State Development approved $101.1 million in economic development funding that is expected to create 634 jobs across the state, but St. Lawrence County’s share of the money will go largely to Alcoa in an effort to retain jobs. Statewide the funding supports projects that are creating 634 new...
US Shredded Scrap prices edge higher; Aluminium Scrap prices remain flat
United States shredded scrap prices edged up during the week ended December 18, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index showed a steady trend. According to TSI, US Midwest weekly shredded index increased $1 a long ton the week to $170 a long...
American Aluminum Extrusion to shift its operations to Roscoe facility
American Aluminum Extrusion plans to move all of its operations and employees to its Roscoe, Ill. facility this year. The company has operated its facility in Beloit since 2001. In 2011, the company opened its Roscoe facility in the former Warner Brake and Clutch complex on McCurry Road. It...
US aluminium producers to go slow on their smelter capacity cut plans
Aluminium producers across the United States have eased plans to cut primary aluminium smelting capacity, helping to slightly soften the blow to US anode-grade petroleum coke markets. The cuts still shrink the US aluminium industry's demand for coke by nearly one-third from 2014 levels. Early...
US shredded scrap prices reach $169; aluminium scrap prices stay stable
United States shredded scrap prices gained during the week ended December 11, while major US aluminium scrap commodities weekly average prices on Scrap Register Price Index also showed a steady trend. According to TSI, US Midwest shredded index increased $3 long ton the week to $169 long ton...
Mining shares surge as aluminium rise on faster U.S. growth
Mining stocks rose the most in more than 10 weeks in London as aluminium advanced after a report showed the U.S. economy expanded faster than estimated, boosting demand in the second-largest metals user. The U.S.’s gross domestic product expanded at a revised 2 percent annualized rate, a government...
