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Dominant holder highlights problems in aluminium market
15 DEC 20144MINS

Dominant holder highlights problems in aluminium market

For years buyers of aluminium have put the metal in warehouses, borrowed against it, and waited for prices to rise. It was an obvious trade. Now the metal is finally starting to leave warehouses, but much is still held up in long queues. That has opened up space for large trading bets that have...

Brembo to invest €32 million in Mexico caliper plant
03 DEC 20142MINS

Brembo to invest €32 million in Mexico caliper plant

Leading Italian brake brand, Brembo, has announced plans to invest 32 million euros in an aluminium brake caliper manufacturing facility in Escobedo, Nuevo Leon, just outside of Monterrey, Mexico. According to the company, the plant will include a new aluminium foundry and machining facility...

U.S. Aluminum Extruders see 10-15% increase in business
03 DEC 20144MINS

U.S. Aluminum Extruders see 10-15% increase in business

Ducker Worldwide, an independent consulting and research firm, recently concluded a study on behalf of the Aluminum Extruders Council (AEC) focused on identifying the benefits from and future risks to the U.S. Aluminum Extrusion market’s trade case against the People’s Republic of China. This...

Alcoa completes sales of two upstream assets
02 DEC 20142MINS

Alcoa completes sales of two upstream assets

Alcoa today announced that it has completed two previously-announced sales within its Global Primary Products portfolio. The divestitures, one in the United States and the second in Jamaica, are aligned with Alcoa’s strategy to lower its cost base and create a globally competitive business. Alcoa...

EMR captures mighty aircraft carrier recycling contract
27 NOV 20141MINS

EMR captures mighty aircraft carrier recycling contract

The US Navy has awarded metal recycling major EMR the contract to dismantle and recycle the 323-metre-long aircraft carrier USS Constellation, the company's European non-ferrous director Murat Bayram confirmed to Recycling International during Metal Bulletin's 22nd International Recycled Aluminium...

Manufacturers could increase profits with recyclable products according to poll: ISRI
27 NOV 20143MINS

Manufacturers could increase profits with recyclable products according to poll: ISRI

On Black Friday, and throughout the shopping season, many holiday shoppers will be looking for – and be willing to pay more for – recyclable gifts. According to a recent survey conducted online in November among over 2,000 U.S. adults by Harris Poll on behalf of the Institute of Scrap Recycling...

US aluminium on the rise
20 NOV 20141MINS

US aluminium on the rise

The LME stock prices of aluminium for Midwest delivery, has risen from 20 cents per pound to 22.5 cents per pound which is a double hike. This amount is payable both by the fabricators as well as the aluminium merchants. The rise in price will raise many questions about the domestic availability as...

Noranda Aluminum holding now covered by BMO Capital Markets (NOR)
19 NOV 20143MINS

Noranda Aluminum holding now covered by BMO Capital Markets (NOR)

Research analysts at BMO Capital Markets began coverage on shares of Noranda Aluminum Holding in a report released on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock. A number of other firms have also recently commented on NOR. Analysts at Zacks upgraded shares...

CRL-U.S. Aluminum receives Glass Magazine's top metal company recognition
18 NOV 20142MINS

CRL-U.S. Aluminum receives Glass Magazine's top metal company recognition

CRL-U.S. Aluminum receives third consecutive honor while continuing North American expansion plans. Glass Magazine, one of the industry's leading commercial, retail, and fabrication publications, recently named CRL-U.S. Aluminum as the #1 Top Metal Company in their 2014 feature on North America's...

Younger Americans not as “Green” as older generations: ISRI
14 NOV 20142MINS

Younger Americans not as “Green” as older generations: ISRI

While conventional wisdom dictates millennials are more environmentally-conscious than older generations, their attitudes toward recycling begs to differ and suggest they may not be as “green” as we thought. According to a recent survey conducted online in November among over 2,000 U.S. adults by...

U.S. aluminum premiums soar as fabricators scramble for metal
12 NOV 20142MINS

U.S. aluminum premiums soar as fabricators scramble for metal

U.S. aluminum surcharges have jumped to record levels this month as fabricators scramble for metal amid cutbacks at domestic smelters and storage backlogs that traders say have tightened supplies. Premiums that fabricators and merchants pay on top of benchmark London Metal Exchange prices for...

Aluminum gains in London as U.S. demand outlook improves
11 NOV 20142MINS

Aluminum gains in London as U.S. demand outlook improves

Aluminum climbed for the first time in three days as labor-market gains added to signs of a strengthening U.S. economy, bolstering demand prospects for the metal used in construction, autos and cans. The four-week moving average of Americans filing claims for unemployment benefits dropped to the...

JASON Learning, ISRI Announce Automobile Recycling Awareness Contest
11 NOV 20143MINS

JASON Learning, ISRI Announce Automobile Recycling Awareness Contest

JASON Learning and the Institute of Scrap Recycling Industries (ISRI) are inviting young filmmakers, artists, automobile enthusiasts, and recycling advocates to participate in a contest that asks young people to build awareness around the different commodities that can be recycled from cars at the...

Aldora aluminum acquires Florida-based Peterson Industries
05 NOV 20141MINS

Aldora aluminum acquires Florida-based Peterson Industries

Aldora Aluminum & Glass acquired the assets of Peterson Industries Inc., a Florida-based manufacturer of framed and frameless shower doors, mirror doors, closet doors and glass enclosures, according to an announcement from Superior Capital Partners LLC, a Detroit-based private equity firm, and...

Century Reports Third Quarter 2014 Financial Results
30 OCT 20143MINS

Century Reports Third Quarter 2014 Financial Results

Century Aluminum Company reported net income of $50.4 million or $0.52 per common share for the third quarter of 2014 on higher aluminum prices and lower power prices in the Midwestern U.S. Sales for the third quarter of 2014 were $500.6 million compared with $399.9 million for the third quarter of...

Century Aluminum Company (CENX) jumps 6.14% on October 21
22 OCT 20142MINS

Century Aluminum Company (CENX) jumps 6.14% on October 21

Century Aluminum Company ($CENX) was among the biggest gainers on the Russell 2000 for October 21 as the stock popped 6.14% to $26.11, representing a gain of $1.51 per share. Some 1,996,078 shares traded hands on 13,496 trades, compared with an average daily volume of 1,429,274 shares out of a...

Jeep Wrangler's shift to aluminum could see production leave Toledo
07 OCT 20142MINS

Jeep Wrangler's shift to aluminum could see production leave Toledo

The Jeep Wrangler may be a timeless design, but sooner or later, time will run out and Chrysler will have to replace it with a newer model more friendly towards the earth it's designed to traverse. That will, it seems, mean a shift to aluminum construction (whether just for the body or for the...

National Manufacturing Day highlights importance of recycling to U.S. Economy
06 OCT 20142MINS

National Manufacturing Day highlights importance of recycling to U.S. Economy

The Institute of Scrap Recycling Industries (ISRI) joins in the nationwide celebration of National Manufacturing Day by highlighting the many positive economic contributions of the recycling industry to the U.S. manufacturing landscape. In 2013 alone, more than 130 million metric tons of metal,...