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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US Aluminium output down 20.26% to 122,000 tons in Feb: USGS
Primary aluminium production in the US recorded at 122,000 tons in February this year, declined by 20.26% as compared to the production of 153000 tons a month earlier and down 21.3% from 155000 tons in February 2013, according to the latest data released by the U.S. Geological Survey (USGS). Total...
Aluminium dragged down to 106.20, trading range 105.4-107
Aluminium settled down -0.14% at 106.20 dragged down by worse-than-expected US Q1 GDP and the US Fed’s continued QE3 tapering. Demand for aluminum is underpinned by an improving economy and tighter emissions regulations for automobiles. Last Friday, upbeat economic data reported from the US...
Kaiser Aluminum Corp. SVP Sells $175,425 in Stock (KALU)
Kaiser Aluminum Corp. SVP Pete Bunin sold 2,500 shares of Kaiser Aluminum Corp. stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $70.17, for a total transaction of $175,425.00. Following the completion of the transaction, the senior vice president now...
Constellium prices notes offering
Constellium N.V. today announced that the Company has priced a private offering (the “Offering”) of $400 million of U.S. dollar denominated senior notes due 2024 (the “U.S. Dollar Notes”) and €300 million of euro denominated notes due 2021 (the “Euro Notes” and, together with the U.S. Dollar Notes,...
Aluminum Association updates on aluminium demand in US and Canada
Preliminary estimates for aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 1,864 million pounds during February 2014, down 4.0 percent from a year ago. Demand for semi-fabricated (mill) products totaled 1,240 million pounds, down...
Century reports first quarter 2014 financial results
Century Aluminum Company reported a net loss of $20.1 million ($0.23 per basic and diluted common share) for the first quarter of 2014. Cost of sales for the quarter included a benefit of $5.5 million related to deferred power contract liability amortization. Results were negatively impacted by a...
Invento launches aluminum-PET hybrid containers in US
Invento Americas is launching dual-material beverage containers geared toward consumers thirsty for stand-out packaging. The company introduced the containers, composed of transparent PET bodies and aluminum ends, two years ago in Europe. According to the company, the container improves upon the...
Aleris considering sale of recycling businesses
US-based aluminium rolled and extruded product giant Aleris is 'formally evaluating the potential sale of its recycling and specification alloys businesses'. Chairman and ceo Steve Demetriou comments in a statement: 'While the businesses remain steady and profitable with excellent long-term growth...
Sapa's Chizmar wins AWMI award
The U.S. Association of Women in the Metal Industries (AWMI) has named Sapa’s Carol Chizmar as recipient of its 2013 International Member of the Year Award. The announcement was made on April 11 at AWMI’s International Board of Directors meeting. Chizmar, who is AWMI’s International Membership...
Service centers’ steel, aluminum deliveries rebound for March
Service centers across North America increased delivery volumes during March, and in most instances managed to reduce their inventory levels, too. The Metals Service Center Institute, which reports the shipment and inventory results in its Monthly Activity Report, stated that “shipment growth...
US Midwest aluminum premiums inch up
Midwest aluminum premiums inched up over the past week, with market participants claiming that rising demand and limited domestic supply will continue to support current premium levels in the near term. AMM's spot P1020 premium edged up to 18.25 to 18.75 cents per pound on April 18, from 18.25 to...
British recycler sues Aleris in payment dispute
British aluminum recycler Alutrade is suing Aleris International for allegedly failing to pay for more than 2.3 million lbs of used beverage containers (UBCs), bottle tops and whole cans early last year, according to documents filed on April 15 in a US District Court in Ohio. Alutrade is seeking...
Auto demand will provide biggest wave since beverage cans
The aluminum industry expects the automotive sector will generate the biggest wave of new demand since manufacturers started using the lightweight metal to make beverage cans. For us, it’s equivalent to the invention of the (aluminum) can which was introduced to many markets about 50 years ago,”...
Century Aluminum sets to announce First Quarter 2014 Earnings on April 24th
Century Aluminum Company will report first quarter 2014 earnings on Thursday, April 24th 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, April 24th at 5:00 p.m. Eastern time. The earnings call...
Sapa to close extrusion plant in Miami
Sapa is closing its aluminum extrusion plant in Miami to optimize its organization and capacity to deliver aluminum solutions to customers in the North American market. Since the creation of the Sapa joint venture in September 2013, the organization in the United States has been engaged in a number...
Noranda Aluminum confronts Ameren on electricity prices
Noranda Aluminum Holding Corporation is at logger heads with electricity suppliers as it seeks lesser electric rates to sustain the employment of the nearly 888 people it employs at is smelter located in New Madrid. Noranda Aluminum Holding Corporation has laid down the price bargains with Ameren...
Secondary alloys firm in USA despite fall in scrap prices
Secondary aluminium alloys were mostly stable on March 27 as sources said the market held strong despite notable drops in some aluminium scrap grades, including twitch, a nonferrous auto shred and a key component in alloy output. Twitch prices fell to 81 to 82 cents per lb from 82 to 84 cents,...
Kaiser Aluminum Corp. director unloads $72,010 in stock
Kaiser Aluminum Corp. Director David A. Foster sold 1,000 shares of the stock on the open market in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $72.01, for a total value of $72,010.00. Following the completion of the transaction, the director now directly owns...
