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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Glencore seeks dismissal of U.S. aluminum price-fixing claims
Glencore Plc, one of the world's largest mining companies, has asked a U.S. judge to dismiss it as a defendant from nationwide antitrust litigation over the alleged manipulation of aluminum prices. In a Monday night filing with the U.S. District Court in Manhattan, Glencore said it lacks minimal...
Bluegrass poised to produce most aluminum in U.S.
With more than 20,000 Kentuckians working in it, the state aluminum business is booming, according to the Kentucky Cabinet for Economic Development. Earlier this year, Europe-based Constellium N.V. and UACJ Corporation, of Japan, announced plans to open a joint $150 million aluminum facility in...
Aluminium to swing to deficit in 2015 after output cuts
The aluminium market outside China is set to record its first deficit in nine years in 2015 following production cuts and an Indonesian ore export ban, a turning point that could be the start of a prolonged shortfall as demand recovers. After years of chronic oversupply, the market is beginning to...
GM moves next version of big pickups ahead by nine months - sources
General Motors Co. (GM) has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co.'s still-sizable lead in meeting future US fuel-economy standards, supplier sources said on Monday (July 28). Redesigned versions of...
Rogers aluminum wheels plant closing down with 500 job loss
Superior Industries International, Inc. , the largest manufacturer of aluminum wheels for passenger cars and light-duty vehicles in North America, today announced it will close its manufacturing facility in Rogers, Arkansas, as part of an initiative to reduce costs and enhance its global...
Century reports a net loss of $29.4 million during second Quarter 2014
Century Aluminum Company reported net income of $20.3 million or $0.21 per common share for the second quarter of 2014 on higher aluminum prices and lower power prices in the Midwestern U.S. Results were negatively impacted by a charge of $0.5 million or $0.01 per common share for the finalization...
Missouri regulators indicate opposition to Noranda Aluminum request for reduced electric rate
A day after regulators said they opposed a request by Ameren Missouri's biggest customer for a rate reduction of about $50 million a year, a panel that advocates for retail ratepayers proposed a deal that would give the company just over half of what it was seeking. The Missouri Public Service...
Aluminum physical delivery premiums at record levels
Aluminum producer Norsk Hydro AS A's Chief Executive Svein Richard Brandtzaeg said that premiums for the physical delivery of aluminum had risen to record levels this year amid a tighter market, a rise that could continue for the rest of the year. "There's been a surplus situation for many years,...
ALBA wins top USA Safety Award
Aluminium Bahrain B.S.C. (Alba), a leading aluminium producer in the Middle East, recently granted the 2014 Occupational Excellence Achievement Award run by the National Safety Council – USA. This award is granted to organizations that meet strict criterions based on the results in their safety...
Aluminum Premiums seeing low percentage in US
Aluminum premiums paid on top of prices on the London Metal Exchange are seen slumping 28 percent by year-end in the U.S. as wait times shorten for warehouse supplies, according to Lawrence Capital Management. The charge in the Midwest added to supplies for immediate delivery is forecast to drop to...
Kaiser Aluminum Corp. CEO sells $367,550 in stock
Kaiser Aluminum Corp. CEO Jack A. Hockema unloaded 5,000 shares of Kaiser Aluminum Corp. stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $73.51, for a total transaction of $367,550.00. Following the completion of the transaction, the chief...
Alcoa tells US SEC that warehousing reforms could hit premiums
Aluminium producer Alcoa will in future warn investors about the risks proposed warehousing rules could pose to its business, saying they could affect its finances and the premiums it charges, according to correspondence with regulators. In a reply to queries from the US Securities and Exchange...
Toyota Tsusho, Kobe Steel to build 6000-series aluminum plant in the US
Japan’s Kobe Steel will build an aluminum sheet rolling plant in the US with around 100,000 million tons per year capacity together with trading firm Toyota Tsusho, as it focuses on producing 6000-series aluminum-magnesium-silicon alloy sheets for the US car market, Chief Executive Officer Hiroya...
Aluminum Association updates on downstream industry activity
Shipments of Aluminum Extruded Products (extruded shapes, pipe & tube, and rod & bar) by U.S. and Canadian producers totaled an estimated 388.0 million pounds during May 2014, an increase of 5.2 percent over the May 2013 total of 368.9 million pounds. Compared to the previous month, shipments rose...
Shares of Century Aluminum rise above previous 52-week high
Shares of Century Aluminum traded at a new 52-week high today of $15.82. This new high was reached on below average trading volume as 241,000 shares traded hands, while the average 30-day volume is approximately 539,000 shares. In the past 52 weeks, Century Aluminum share prices have been bracketed...
Aluminium sheet market on cusp of big growth
ALUMINIUM giants Alcoa and Novelis spent decades wooing Detroit’s vehicle makers to toss out their heavy steel vehicle bodies and overhaul their factories in order to mass produce vehicles made out of lighter aluminium. This year, with Ford Motor ’s launch of its new aluminium-intensive F-150...
Alcoa and Novelis gears up for the next competition in aluminum auto race
Novelis Inc and Alcoa Inc have spent decades wooing the Detroit’s automakers to throw their heavy steel vehicle bodies and renovate their factories for mass production of lighter aluminium vehicles. With the launch of Ford Motor Co’s F-150 Truck this year, the company is reaping the benefits of the...
Yolanda Moran named service center manager for U.S. Aluminum
C.R. Laurence's U.S. Aluminum Division promoted Yolanda Moran to service center manager of its U.S. Aluminum Miami Service Center. Moran joined CRL-U.S. Aluminum with the acquisition of Delta Doors in 2010. Initially Moran ran purchasing and was responsible for inventory procurement, as well as...
