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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Century Aluminum delays lockout at Hawesville, Kentucky Smelter
Century Aluminum of Kentucky General Partnership, a subsidiary of Century Aluminum Company, today delayed the effective time of its potential lockout of USW Local 9423 at its Hawesville, Kentucky smelter in order to allow the union to hold an additional vote on a modified version of the Company's...
After Wall Street Banks exit controversial aluminum trade, prices return to normal
For the last five years, every beer guzzler in America paid a tiny surcharge to some of the nation’s largest banks. According to manufacturers, practices at warehouses owned by Goldman Sachs and other financial institutions inflated the price of aluminum used in beer cans and thousands of other...
U.S. purchased 770 million pounds of aluminum scrap during February 2015
The U.S. aluminum industry purchased an estimated 770 million pounds of aluminum scrap during February 2015, according to aluminum recycling statistics published by the U.S. Geological Survey, Department of Interior, up 5.7 percent over the February 2014 total of 728 million. USGS estimates that...
U.S. aluminium demand up in the beginning of 2015
Preliminary estimates indicate that aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 4,133 million pounds during the first two months of 2015, up 2.9 percent over a year ago. Demand for semi-fabricated (mill) products totaled 2,900...
Orbite granted red mud monetization patents in Canada and US
Orbite Aluminae Inc. is pleased to announce that further to its press releases of January 8 and March 13, 2015, the Company has now been granted patents in Canada and the Unites States pertaining to its Red Mud Monetization technology. The two patents are Canadian patent 2,857,574 and U.S. patent...
GM is investing $5.4 billion to improve in US factories
General Motors announced today that it is investing $US5.4 billion over the next three years to expand and upgrade its US production facilities. This round of capital investments is expected to put the automaker’s domestic factories in a better position to handle upcoming new models GM is set to...
Noranda announces ruling by missouri public service commission that reduces electricity rates for new Madrid Smelter
Noranda Aluminum Holding Corporation reported today that the Missouri Public Service Commission has established a new and reduced electricity rate structure for the Company's aluminum smelter in New Madrid, Missouri (New Madrid). "Securing a reduced rate for our single largest cost is an important...
Century reports first quarter 2015 financial results
Century Aluminum Company reported net income of $73.8 million ($0.76 per common share) for the first quarter of 2015. Results include $6.5 million ($0.07 per common share) for an unrealized gain on fair value of contingent consideration related to the acquisition of the remaining 50.3% interest of...
U.S. aluminum premiums tumble to lowest in year as arb draws imports
U.S. aluminum premiums have plunged by as much as 20 percent in the past week, reaching their lowest in more than a year as imports flood into the last remaining bright spot in a worsening global market. Premiums paid for physical delivery on top of the London Metal Exchange benchmark have sunk to...
North American estimated aluminum demand up 2.9% YTD in February
Preliminary estimates indicate that aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 4,133 million pounds during the first two months of 2015, up 2.9 percent over a year ago. Demand for semi-fabricated (mill) products totaled 2,900...
Market flooded with non-standard aluminium shapes due to "cherry-picking'
Much of the aluminum currently available in the United States is of shapes and profiles that are less than ideal for U.S. fabricators, prompting traders to sell it at discounts and raising concerns about the availability of standard shapes. A high physical premium has attracted imports from abroad,...
Aluminum industry announces partnership with department of energy to expand workforce, improve technology
The Aluminum Association announced today a new partnership with the Department of Energy (DOE) to increase the number of aluminum industry jobs in the United States and explore new, sustainable technologies to advance U.S. manufacturing. The DOE’s Aluminum Industry Jobs Partnership will identify...
Aluminium end-products cheaper to make as premiums ease
Car frames, soda cans and bicycles are becoming less expensive to produce as manufacturers pay the smallest premiums in almost three years to secure aluminum. The surcharge added to the cost of metal for immediate delivery on the London Metal Exchange will probably fall as much as 46 percent in the...
Constellium to build second Body-in-White finishing line in the U.S. to meet increased automotive demand
Constellium N.V. announced today that it has decided to build a second Body-in-White (BiW) finishing line in North America to further support the growing demand for aluminium from the U.S. automotive industry. The investment is expected to reach $160 million and is part of the previously announced...
Kentucky mill outage hurts Novelis' aluminum can sheet business
Leading aluminum can sheet producer Novelis Inc lost business to competitors after a three-week outage at its U.S. joint venture rolling mill in January, a company executive told reporters on Wednesday. Vice President and General Manager Tom Boney said at a roundtable discussion that the outage at...
Aluminium market rises on short covering, open interest drops 6.06%
Aluminium settled flat as the US offered a mixed bag of economic data. US inflation data were basically in line with market expectations, but the Conference Board’s Leading Economic Index missed forecasts. Michigan University’s consumer confidence index was positive. Meanwhile, production of...
Alcoa announces its first quarter results for 2015
Lightweight metals leader Alcoa today reported strong first quarter 2015 profits. The Company’s strategy of building its value-add portfolio and creating a globally competitive commodity business is delivering results. Alcoa reported first quarter 2015 net income of $195 million, or $0.14 per...
Aluminum Association applauds DOE's lofty loan
The Aluminum Association has voiced its support of the U.S. Department of Energy after it announced a conditional commitment for a $259 million loan to Alcoa, which was done in support of the aluminum producer’s automotive expansion. With the aid of the loan, the company will grow its Alcoa, Tenn....
