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North America’s can stock (class) scrap receipts fell in November
23 DEC 20151MINS

North America’s can stock (class) scrap receipts fell in November

According to the monthly report from Aluminum Association, can stock (class) scrap receipts fell y-o-y in the month of November in US and Canada. New can stock (class) scrap receipts totaled 53.1 million pounds during November 2015, off 7.3 percent from the November 2014 total of 57.2 million...

Century reaches power agreement for Mt. Holly smelter
21 DEC 20153MINS

Century reaches power agreement for Mt. Holly smelter

Century Aluminum of South Carolina, Inc., a wholly-owned subsidiary of Century Aluminum Company, announced on Saturday, last week, that it has reached an agreement in principle with Santee Cooper that will allow the Goose Creek, SC plant to operate at half capacity while the state legislature...

Century Aluminum to operate Mt. Holly smelter at 50% capacity
17 DEC 20152MINS

Century Aluminum to operate Mt. Holly smelter at 50% capacity

Chicago-based Century Aluminum has announced its decision to operate the Mt. Holly, South Carolina smelter at 50% capacity. The company had earlier threatened to close the smelter on disputes with state-owned power supplier Santee Cooper over power rates at the smelter. Meantime, the company has...

China aluminium alloy wheel exports down in October
17 DEC 20151MINS

China aluminium alloy wheel exports down in October

China reported a decline in both volume and value of its aluminium alloy wheel exports in October. Export quantity fell 2.8% year-on-year (YoY) to 69,500 tonnes in October, and export value also dropped 7.3% YoY to $329 million. Outbound shipment totaled 660,500 tonnes during the first ten months...

Aluminum Association recognizes industry’s safest year ever
16 DEC 20153MINS

Aluminum Association recognizes industry’s safest year ever

2014 was the safest year on record for the U.S. aluminum industry, according to recently released data from the U.S. Bureau of Labor Statistics. The report - the BLS Workplace Injury and Illness Summary – showed that the number of recordable workplace safety incidents in the aluminum industry fell...

Berkeley County lawmakers meet with Santee Cooper CEO over aluminum plant jobs
15 DEC 20152MINS

Berkeley County lawmakers meet with Santee Cooper CEO over aluminum plant jobs

Berkeley County lawmakers are scheduled to meet Monday afternoon with Santee Cooper’s chief executive officer over the fate of the Century Aluminum plant in Mount Holly. The informational meeting between the legislative delegation and CEO Lonnie Carter starts at 5 p.m. at the state-owned utility...

U.S. Commerce Dept raises import duties on some Chinese aluminium extrusions
10 DEC 20152MINS

U.S. Commerce Dept raises import duties on some Chinese aluminium extrusions

The U.S. Commerce Department is ratcheting up pressure on some imports of aluminium extrusions, with a significant hike in the discounted duty rate for several Chinese companies. A document posted on the Commerce Department's website late on Tuesday showed the government has agreed to increase...

U.S. extends deadline for investigating China aluminium extrusions
09 DEC 20151MINS

U.S. extends deadline for investigating China aluminium extrusions

The U.S. Department of Commerce's International Trade Administration extended its Dec. 7 deadline for initiating an investigation into allegations that a Chinese aluminium extruder had been evading U.S. import duties by 45 days, according to documents filed on Monday, December 7th. ITA determines...

Boyd Aluminum adds fully functioning CNC machine to its fabrication capabilities
08 DEC 20151MINS

Boyd Aluminum adds fully functioning CNC machine to its fabrication capabilities

Boyd Aluminum announced the company has expanded its fabrication capabilities with the addition of a fully functioning Computer Numerical Control machine. Set up last summer, the Emmegi Phantomatic T3 Star allows Boyd to meet the requirements necessitated by its storefront division, as well as...

Aluminium gains on jitters ahead of U.S. jobs, OPEC
07 DEC 20152MINS

Aluminium gains on jitters ahead of U.S. jobs, OPEC

Aluminium along with other base metals rose on Friday, last week, as nervous investors bought back short ositions ahead of a U.S. jobs report and an OPEC meeting result. Prices of aluminium that have been plummeting since for last few months surged to week highs. Analysts expect that data later on...

IPPI declines in Canada while the U.S. aluminium demand and cosumption stay strong
04 DEC 20152MINS

IPPI declines in Canada while the U.S. aluminium demand and cosumption stay strong

According to the data released by the Bureau of Economic Analysis, the U.S. real gross domestic product increased at an annual rate of 2.1 percent in the third quarter of 2015, while in the second quarter, real GDP increased 3.9 percent. The demand for aluminium in the United States and Canada...

EPA, Glencore to study Columbia Falls Aluminum Co. site contamination
01 DEC 20152MINS

EPA, Glencore to study Columbia Falls Aluminum Co. site contamination

The U.S. Environmental Protection Agency (EPA) and Glencore announced an agreement signed on November 30 to study the level of contamination at the Columbia Falls Aluminum Company site. Senator Tester and Governor Bullock have been urging Glencore for long to come up with acton plans to clean up...

Ball to sell €1.5bn of bonds to fund Rexam deal
01 DEC 20153MINS

Ball to sell €1.5bn of bonds to fund Rexam deal

Ball Corporation could be forced to sell off more assets than originally anticipated to satisfy competition concerns over its £4.3bn takeover of Rexam, the UK drinks can maker. US-based Ball announced on Monday that it would sell approximately €1.5bn of bonds denominated in euros and dollars to...

Ball offers EU to sell 11 plants for Rexam deal approval
27 NOV 20152MINS

Ball offers EU to sell 11 plants for Rexam deal approval

U.S. drinks can maker Ball Corp is ready to sell 11 European plants to get EU antitrust regulators to approve its 4.43 billion pound ($6.69 billion) acquisition of Britain's Rexam Plc, people familiar with the matter said. The world's two largest beverage can makers by volume want to merge to...

Noranda considers over-the-counter market after NYSE suspends common stock trading
27 NOV 20151MINS

Noranda considers over-the-counter market after NYSE suspends common stock trading

Noranda Aluminum Holding Corporation announced today that it has received notification that NYSE Regulation, Inc. has determined to commence proceedings to delist the Company's common stock from the New York Stock Exchange, and that upon completion of all applicable procedures, the NYSE will file...

Aluminum Midwest premium rises
26 NOV 20151MINS

Aluminum Midwest premium rises

The Midwest aluminum premium has risen as fears about costs set in after Alcoa’s announcement that it is shuttering much of its North American smelting capacity. Midwest premium rises on Alcoa shutdowns announcement The US Midwest aluminum premium has risen to its highest level in six months,...

Lightweight car trend boosts US aluminium scrap volumes
23 NOV 20151MINS

Lightweight car trend boosts US aluminium scrap volumes

The North American market is flooded with aluminium scrap and the situation will probably not change in the short term, it was stressed by David Rosenblum, vice president of non-ferrous at scrap metal major OmniSource, during Metal Bulletin's 23rd Recycled Aluminium Conference held this week in the...

Senators press U.S. administration on China aluminum extrusion duties
20 NOV 20152MINS

Senators press U.S. administration on China aluminum extrusion duties

The U.S. senators on November 18, Wednesday, urged the Obama administration to enforce duties on Chinese aluminium extrusions, the latest call for government action as the U.S. industry escalated calls to curb subsidized imports of the metal. In a letter to Department of Commerce Secretary Penny...