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LME halts plan to cut metals queues after court ruling
31 MAR 20143MINS

LME halts plan to cut metals queues after court ruling

The London Metal Exchange has been forced put on hold a new rule to tackle the long warehouse queues that US politicians and aluminium buyers blame for increasing the price of everything from drink cans to car bodies. Queues of more than 500 days to take delivery of aluminium from LME warehouses...

Estimated aluminum demand in US and Canada declines 2.9% Y/Y in January
26 MAR 20141MINS

Estimated aluminum demand in US and Canada declines 2.9% Y/Y in January

Aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 2,018 million pounds during January 2014, down 2.9 percent from a year ago. Demand for semi-fabricated (mill) products totaled 1,350 million pounds, declining 1.5 percent. Apparent...

ISRI Scrap Yearbook 2013 Now Available in Spanish and Chinese
21 MAR 20142MINS

ISRI Scrap Yearbook 2013 Now Available in Spanish and Chinese

The Institute of Scrap Recycling Industries (ISRI) today announced that its second annual ISRI Scrap Yearbook is now available in Spanish and Chinese. The yearbook provides the most comprehensive information and statistical look at U.S. scrap recycling, as well as more in-depth information about...

Constellium is committed to developing, producing and selling sustainable products: Nicolas Brun, VP Communication, Constellium
12 MAR 20147MINS

Constellium is committed to developing, producing and selling sustainable products: Nicolas Brun, VP Communication, Constellium

AlCircle had the opportunity to interact with Mr. Nicolas Brun, Vice President; Communication for Constellium, a global leader in the design and manufacturing of innovative specialty downstream aluminum rolled and extruded products, serving primarily the aerospace, packaging and automotive...

U.S. judge allows 3 aluminum price-fixing lawsuits to go forward
11 MAR 20142MINS

U.S. judge allows 3 aluminum price-fixing lawsuits to go forward

A U.S. judge overseeing litigation accusing Goldman Sachs Group Inc, JPMorgan Chase & Co , their warehousing businesses and the London Metal Exchange of conspiring to reduce the supply and increase the price of aluminum will allow for now three groups of plaintiffs to pursue separate lawsuits. In...

Shares of Century Aluminum has risen above previous 52-week high
10 MAR 20142MINS

Shares of Century Aluminum has risen above previous 52-week high

Century Aluminum traded today at a new 52-week high of $12.64. Approximately 102,000 shares have changed hands today, as compared to an average 30-day volume of 740,000 shares. Century Aluminum defies analysts with a current price ($12.63) 15.5% above its average consensus price target of $10.67....

Aluminum, steel demand at Risk if Honda, Ford cut back auto production
04 MAR 20142MINS

Aluminum, steel demand at Risk if Honda, Ford cut back auto production

Steel – and, increasingly – aluminum demand could be hit this quarter if automakers cut back on production. Auto inventory levels have soared over recent months as frigid temperatures and winter storms in the past six weeks have slowed retail sales and showroom traffic, Reuters reported in a recent...

Constellium and Alcoa to Benefit From Rapidly Growing Aluminum Sheet Demand
03 MAR 20144MINS

Constellium and Alcoa to Benefit From Rapidly Growing Aluminum Sheet Demand

As Original Equipment Manufacturers (OEMs) turn to aluminum from steel to further improve fuel efficiency and meet standards, automotive aluminum sheet industry is expected to register one of the fastest growth in the metals sector over the next several years. Industry experts and consultant...

Scrap Industry applauds senator's efforts to promote responsible recycling of household electronics
03 MAR 20142MINS

Scrap Industry applauds senator's efforts to promote responsible recycling of household electronics

Following Senate Homeland Security and Governmental Affairs Committee hearing, “Recycling Electronics: A Common Sense Solution for Enhancing Government Efficiency and Protecting Our Environment”, the Institute of Scrap Recycling Industries (ISRI) praised Committee Chairman Tom Carper (D-DE) and the...

Century Aluminum crosses above its 10-day MA
27 FEB 20141MINS

Century Aluminum crosses above its 10-day MA

Century Aluminum shares have crossed bullishly above their 10-day moving average of $11.49 on a volume of 254K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term. Century Aluminum is currently priced 21.8%...

Alcoa founding member of the first Lightweight Metals Manufacturing Institute in the United States
26 FEB 20142MINS

Alcoa founding member of the first Lightweight Metals Manufacturing Institute in the United States

Alcoa, a global leader in lightweight metals engineering and manufacturing, is a founding member of the country’s first manufacturing institute focused solely on light metals: the National Lightweight and Modern Metals Innovation Institute in Detroit, Michigan. The institute was formally unveiled...

Novelis recognized by U.S. Environmental Protection Agency for excellence in greenhouse gas management
26 FEB 20142MINS

Novelis recognized by U.S. Environmental Protection Agency for excellence in greenhouse gas management

Novelis, the world leader in aluminum rolling and recycling, was honored today by the U.S. Environmental Protection Agency (EPA) as a winner of its Climate Leadership Award for exemplary leadership in reducing carbon pollution and addressing climate change. Presented by the EPA, in collaboration...

Steel Industry concerned about  automakers move towards the aluminum industry
25 FEB 20144MINS

Steel Industry concerned about automakers move towards the aluminum industry

For nearly a century, Ford’s River Rouge factory and its neighboring steel mill have worked in close harmony to produce some of America’s most popular vehicles, from the Model A to the F-150 pickup truck. But ever since Ford announced last month that it would make the body of its new F-150 mostly...

Aluminum fee expected to hit record as producers reduce global output
24 FEB 20143MINS

Aluminum fee expected to hit record as producers reduce global output

Aluminum buyers in Japan, Asia’s largest importer, are set to agree on a record fee next quarter as global producers reduce output and rates in the United States and Europe surge, said three executives who will start price negotiations next week. The surcharge for the three months starting in April...

Constellium launches new aluminium high-strength technology for Crash Management Systems
20 FEB 20142MINS

Constellium launches new aluminium high-strength technology for Crash Management Systems

Constellium N.V. today announced the launch of new aluminium high-strength Crash Management Systems (CMS) technology designed for the front and the rear of a vehicle for enhanced structural protection in the event of a collision. Constellium’s innovative technology enables the production of...

IBC Advanced Alloys (V.IB) gains 32% on inking Lockheed Martin contract
19 FEB 20142MINS

IBC Advanced Alloys (V.IB) gains 32% on inking Lockheed Martin contract

IBC Engineered Materials, the wholly-owned US subsidiary of IBC Advanced Alloys, an integrated manufacturer and distributor of rare metals based alloys and related products, signed an investment casting hard tooling contract with Lockheed Martin to support its F-35 Electro-Optical Targeting System...

Noranda Alumunium honored for hiring veterans under Show-Me Heroes program
19 FEB 20142MINS

Noranda Alumunium honored for hiring veterans under Show-Me Heroes program

The Missouri Department of Economic Development recently honored Noranda Aluminum with the Flag of Freedom award. The award is recognition for the company for participating in Show-Me Heroes program and also hiring veterans, who make up for 20% of the workforce of the aluminum smelter. "Noranda...

Massive training campaign planning for aluminum F-150
17 FEB 20143MINS

Massive training campaign planning for aluminum F-150

By the time Ford F-150 comprising of an aluminium body hits dealerships in fourth quarter, thousands of insurance estimators, collision repair technicians, Ford field staffers and many other staffs will have to attend the biggest industry training programs. F-150 is the biggest-selling vehicle in...