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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$60 m invested for Puerto Rico‘s aluminum plant
Puerto Rican Investors have invested a total amount of $60 million for the aluminum can plant located at Cidra in Puerto Rico. The products will be exported to countries such as Jamaica, United States, the Dominican Republic and many other countries in that region. Puerto Rican owns Caribbean Can...
Conalco aluminum company files for bankrutptcy
It's been 20 years since Consolidated Aluminum Corp. of Allendale did any business. Now the company wants to officially liquidate, saying that's the best way to deal with claims against it, including asbestos-injury cases and pension debt. The company, also known as Conalco, filed for Chapter 11...
Manufacturer agrees to pay fine for violating False Claims Act to avoid import duties on Chinese aluminum extrusion
On November 14, 2013, the Department of Justice announced that Ohio-based Basco Manufacturing Co. (Basco) agreed to pay $1.1 million to resolve allegations that it violated the False Claims Act by submitting false customs declarations to avoid paying duties on aluminum extrusion from China that at...
ISRI releases Scrap Yearbook for 2013
The Institute of Scrap Recycling Industries (ISRI) today released its second annual ISRI Scrap Yearbook, providing the most comprehensive information and statistical look at U.S. scrap recycling, as well as more in-depth information about the industry as a whole, how it has evolved and operates and...
Rising aluminum premiums in U.S. worry end-users
The constant rise in U.S. aluminum premiums to a record level is fuelling the worry over falling supply and rising costs of a major raw material for beverage can makers as well as the automakers, despite the oversupply of stocks in the market. Premium for aluminum paid in U.S., on top of the LME...
Aleris considers expansion in US to meet rising automotive demand
On 13th Jan, Steven Demetriou, Chairman & Chief Executive of Aleris International, said that they are considering the expansion of its automotive aluminum capacity in United States. His positive outlook comes as the aluminum industry is struggling with the low London Metal Exchange (LME) prices,...
Automakers may be short of aluminium in future due to heavy demand
With automakers' demand for aluminum growing explosively as they seek to improve fuel efficiency, aluminum providers are selling out their automotive capacity almost as fast as they can build new plants, raising the question of whether some car makers could be caught short in the future. The U.S....
LME looking to launch U.S. aluminum premium contract
The London Metal Exchange is considering launching a U.S. aluminum premium contract, a senior executive said, potentially expanding its most-traded product after years of criticism over high physical prices. The contract, plans for which are still in the early stages, would reflect the cash premium...
Major sustainability gains for North American Aluminum industry
Energy demand and greenhouse gas emissions associated with primary aluminum production in the United States and Canada have declined significantly in recent years according to a new, peer-reviewed life-cycle assessment (LCA) report released by the Aluminum Association. The study covers all life...
Aluminum Premiums at all-time highs
”Aluminum premiums, or costs to get metal out of storage, have soared to all-time highs in the United States with Europe and Asia close behind as smelters shut and spare metal is snatched up by traders for collateral in financing deals,” reports Reuters. “The rise in premiums highlights the London...
MCX Aluminium falls, market under long-liquidation
The rise in premiums highlights the London Metal Exchange's (LME) limited ability to cool a market where low interest rates continue to whet appetites for locking up aluminium as a form of investment. January 08, 2014 12:19 MUMBAI: Aluminium settled down -0.32% at 109.30 despite that Aluminium...
Alcoa World Alumina LLC resolves Alba matter with U.S. Department of Justice
Alcoa Inc. today announced the resolution of the investigations by the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC) regarding certain legacy alumina contracts with Aluminium Bahrain B.S.C. (Alba). The settlement with the DOJ was reached with Alcoa World Alumina...
Recycler and trader Larry Sax has died
The death has been announced of Larry Sax, a familiar presence in international recycling circles over many decades. He was 80. He began his scrap processing and trading career with family business J. Sax & Co. of Chelsea in Massachusetts, USA, and went on to work for several other companies,...
Alcoa buys raw materials from Ormet
Federal court records show Pittsburgh-based Alcoa Inc. will pay about $11 million to purchase 51,841 metric tons of carbon anodes from Ormet Corp., as the bankrupt company continues selling off raw materials needed to make aluminum. Judge Mary Walrath of the U.S. District Bankruptcy Court in...
Smelter cuts, finance deals send aluminium premiums toward record high
Aluminium premiums, or costs to get metal out of storage, have soared to all-time highs in the United States with Europe and Asia close behind as smelters shut and spare metal is snatched up by traders for collateral in financing deals. The rise in premiums highlights the London Metal Exchange's...
Aluminum premiums seen reaching record as U.S. surcharge climbs
The premiums buyers pay for aluminum are poised to reach records after extending highs in the U.S., according to a report from Harbor Intelligence, an Austin, Texas-based researcher. The surcharges are set to reach all-time highs in the next few weeks in Europe, Asia, Mexico and Brazil, according...
U.S.Can recycling rate hits 67 percent
The U.S. continued its decade-long upward trend of aluminum can recycling in 2012 with a rate of 67 percent, according to data released by the Aluminum Association, Can Manufacturers Institute (CMI) and Institute of Scrap Recycling Industries (ISRI). This is the highest recycling rate since the...
Uptrend call working as Century Aluminum stock rises 17.7%
SmarTrend identified an Uptrend for Century Aluminum on September 11th, 2013 at $8.75. In approximately 4 months, Century Aluminum has returned 17.71% as of today's recent price of $10.30. In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $6.26 and a high of $10.60...
