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Mojave Aluminium to build $120 million plant in Lenwood
27 AUG 20152MINS

Mojave Aluminium to build $120 million plant in Lenwood

Barstow's Mojave Aluminium Company announced plans build a $120 million aluminium plant in Lenwood, California. The 964-acre aluminium direct chill billet casting facility is targeted for a 173-acre site at the southeast corner of Gazana Street and Amarylis Avenue. The announcement comes weeks...

Aluminum Association updates on downstream market in US and Canada
26 AUG 20152MINS

Aluminum Association updates on downstream market in US and Canada

Preliminary estimates indicate that aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 13,063 million pounds through June 2015, up 2.9 percent over the same period last year. Demand for semi-fabricated (mill) products totaled 9,349...

Toyota Tsusho America buys Bermco Aluminum
17 AUG 20152MINS

Toyota Tsusho America buys Bermco Aluminum

Stout Risius Ross Inc. (SRR), Southfield, Michigan, a leading middle market investment banking firm, has announced that it served as exclusive financial advisor to Berman Bros. Iron & Metal Co. Inc., dba Bermco Aluminum, in its purchase by Toyota Tsusho America Inc. (TAI), with locations throughout...

Trulite Glass and Aluminum plans $119,500 worth expansion in Grenada
11 AUG 20152MINS

Trulite Glass and Aluminum plans $119,500 worth expansion in Grenada

Officials from Trulite Glass and Aluminum Solutions recently announced the company is expanding operations at its facility in Grenada. The project represents a corporate investment of $119,500 and will create 15 jobs, bringing employment at the facility to 133. "I appreciate the team at Trulite...

Noranda receives continued listing standard notice from NYSE
11 AUG 20152MINS

Noranda receives continued listing standard notice from NYSE

Noranda Aluminum Holding Corporation announced today that it received written notice from the New York Stock Exchange (NYSE) on August 7, 2015 that the company is not in compliance with one of NYSE's continued listing standards because the average global market capitalization of its common stock...

ISRI’s Pickard named to the Industry Trade Advisory  Committee on Nonferrous Metals
07 AUG 20152MINS

ISRI’s Pickard named to the Industry Trade Advisory Committee on Nonferrous Metals

The Institute of Scrap Recycling Industries (ISRI) today announced that Chief Economist and Director of Commodities Joe Pickard was selected to serve on the Industry Trade Advisory Committee on Building Materials, Construction, and Nonferrous Metals (ITAC-9). Joe will serve as the representative of...

Aluminum Association updates on aluminum net shipments in North America
05 AUG 20151MINS

Aluminum Association updates on aluminum net shipments in North America

According to the Aluminum Association reports Aluminum net shipments (including exports) by domestic U.S. and Canadian facilities totaled an estimated 1,941 million pounds during June, up slightly (0.4 percent) over the June 2014 total of 1,933 million pounds. Shipments of aluminum mill products...

Ball runs into antitrust wall over Rexam purchase
31 JUL 20152MINS

Ball runs into antitrust wall over Rexam purchase

The ball is in the European Union's court. The $6.8 billion merger between the world's two biggest can and bottle manufacturers looks like it is running afoul of European antitrust concens. Earlier this year, the top can maker, Ball, offered to buy No. 2 manufacturer Rexam in a cash and stock deal...

US primary Aluminium output declines in May: USGS
29 JUL 20151MINS

US primary Aluminium output declines in May: USGS

US mines have produced 142,000 tons of primary aluminium in May this year, according to latest data from the U.S. Geological Survey (USGS). The average daily production was 4,570 tons in May, essentially the same as the daily production during the preceding month but 3% less than that in May 2014....

CRL- U.S. Aluminum expands its office partitions line with 487 Series Integrated Slider
28 JUL 20152MINS

CRL- U.S. Aluminum expands its office partitions line with 487 Series Integrated Slider

New Slider Combines a Contemporary Profile with Added Functionality for More Dynamic Office Space Designs. CRL-U.S. Aluminum's line of office partition systems gives architects, interior designers, and glazing contractors the ability to design and build customized office spaces that combine utility...

Ford launches deluxe aluminum-bodied F-150 pickup
22 JUL 20152MINS

Ford launches deluxe aluminum-bodied F-150 pickup

US automaker Ford rolled out a deluxe version of its F-150 aluminum-bodied pickup truck Tuesday, betting on high-end touches as it ramps up production of its most popular vehicle. Dubbed the F-150 Limited, the light-duty truck is loaded with gadgets, including a 360-degree camera, massaging front...

Kaiser Aluminum beats Wall Street's revenue outllook for Q2
22 JUL 20151MINS

Kaiser Aluminum beats Wall Street's revenue outllook for Q2

Kaiser Aluminum Corp., the Foothill Ranch-based maker of semi-fabricated aluminum products for defense, aviation and automotive industries, beat Wall Street expectations on second-quarter revenue and income. The company posted net income of $20 million, or $1.11 per diluted share, compared to net...

LME reaches settlement on U.S. aluminium class-action cases
21 JUL 20152MINS

LME reaches settlement on U.S. aluminium class-action cases

Hong Kong Exchanges & Clearing Ltd (HKEx) No money was paid by either side in arriving at the settlement, the HKEx-owned LME said in a statement. Under the settlement announced by HKEx on Sunday, the plaintiffs agreed to drop the LME from appeals against a U.S. court’s decision last August...

US Shredded Scrap prices plummet to $266 a long ton; Aluminum scrap prices stay stable
20 JUL 20151MINS

US Shredded Scrap prices plummet to $266 a long ton; Aluminum scrap prices stay stable

United States shredded scrap prices plummeted in the week ended July 10, while US aluminum scrap prices on Scrap Register Price Index stayed stable. According to TSI, US Midwest shredded index fell $16 a long ton to $266 a long ton (delivered mill) the week. As was reported in “buy-week” last...

HKEx says settlement reached on US aluminium price-fixing claims
20 JUL 20152MINS

HKEx says settlement reached on US aluminium price-fixing claims

Hong Kong Exchanges & Clearing Ltd said on Sunday it had settled two class-action lawsuit complaints against itself and subsidiary the London Metal Exchange (LME) over allegations of anti-competitive and monopolistic behaviour. The lawsuits, brought by small aluminium manufacturers in the United...

Century Aluminum sets date for second quarter 2015 earnings announcement
17 JUL 20151MINS

Century Aluminum sets date for second quarter 2015 earnings announcement

Century Aluminum Company will report second quarter 2015 earnings on Thursday, August 6th after the close of market trading. The news release will be issued through Marketwired. The company will hold a follow-up conference call on Thursday, August 6th at 5:00 p.m. Eastern time. The earnings call...

Ford offering $10,000 discount on new aluminum F-150 pickup
16 JUL 20153MINS

Ford offering $10,000 discount on new aluminum F-150 pickup

Ford Motor Co. has begun offering discounts that can exceed $10,000 on its new aluminum-bodied F-150 pickup, which has been losing sales and market share this year as the automaker works to build inventory on dealer lots. The company’s website offers “up to $10,029 in total savings” on a 2015 F-150...

C.R. Laurence opens U.S. Aluminum headquarters in Waxahachie, Texas
15 JUL 20151MINS

C.R. Laurence opens U.S. Aluminum headquarters in Waxahachie, Texas

C.R. Laurence announced the opening of its new U.S. Aluminum Manufacturing and Distribution Headquarters in Waxahachie, Texas. This new 350,000-square-foot state-of-the-art facility serves as a centralized operations anchor that allows U.S. Aluminum to stock larger inventories, reduce lead times,...