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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Aluminum shipments slide in US and Canada in November
Following a general improvement in volume during October, North American metals service centers’ deliveries of steel and aluminum declined significantly in November. The figures reported by the Metals Service Center Institute in its Monthly Activities Report showed double-digit declines for both...
Downstream aluminium industry statistics for U.S. and Canada
Estimated shipments of Aluminum Forgings and Impacts by U.S. and Canadian producers totaled 24.5 million pounds during November 2013, an increase of 19.7 percent over the November 2012 total of 20.4 million pounds. Compared to the previous month, shipments decreased 7.4 percent from the October...
Aluminium physical premiums have risen in Q4 due to proposed new LME rules
Aluminium physical premiums have risen in Q4 due to weakness following the announcement of proposed new LME rules in July, said Barclays Capital in a research note. According to Barclays, they believe downward pressure will be reasserted once the new rules kick in from May 2014, counteracting the...
Aluminum Christmas trees back in vogue
More festive news now and Christmas trees made of aluminum were a high street hit in the US during the 1960s. But, due to falling popularity, production ceased in the early 1970s and they became a relic of the past. Now, thanks to a new trend, they’re back. For some people in the United States,...
Aluminum antitrust lawsuits will be heard in New York - judges
Antitrust lawsuits alleging the world's largest metal exchange, two of Wall Street's biggest banks and big commodity merchants conspired to raise the price of aluminum will be heard in New York, a panel of U.S. judges has ruled. Judge Katherine Forrest will hear the case in U.S. District Court for...
Goldman Sachs aluminum antitrust suits shipped to New York
Lawsuits accusing Goldman Sachs Group Inc. (GS:US), JPMorgan Chase & Co. (JPM:US), their warehousing businesses and the London Metal Exchange of constricting aluminum supplies and driving up prices will be handled in a New York court. Twenty-six federal cases have been filed accusing the...
Alcoa signs long-term agreement with Airbus for Aluminum Aerospace Parts
Alcoa has signed a multi-year supply agreement with Airbus valued at approximately $110 million for value-add titanium and aluminum aerospace forgings. Alcoa will produce the parts using its recently modernized 50,000-ton press in Cleveland, Ohio. This press uses state-of-the-art controls to meet...
Century Aluminum among the list of aluminum companies with the highest beta
Below are the three companies in the Aluminum industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns. Century Aluminum is highest with a beta of 1.8. Century Aluminum...
Aluminum leads drop in metals on U.S. budget, stimulus outlook
Aluminum prices in London fell for the first time in a week, pacing losses among industrial metals, amid prospects for a U.S. budget accord and speculation that the Federal Reserve will scale back monetary stimulus. A budget deal is on track for approval by Congress, ending a cycle of spending...
Aluminum Association completes 2013 edition of aluminum standards and data
The Aluminum Association has finalized the 2013 edition of Aluminum Standards and Data. The first update in more than four years, Aluminum Standards and Data 2013 is the preeminent reference for aluminum mill product standards and the most complete source of information on wrought aluminum. The...
Aluminium Highlight from US and Canada
The LME cash price fell below $1,700/mt this week, marking its lowest level in nearly four-and-a-half years. Meanwhile, aluminum fundamentals do not appear to be deteriorating. Global days supply held at 52 in October. On the one hand, days supply is close to its lowest level during the global...
US LME aluminum inventory falling, but market is far from fixed
LME-registered aluminum stocks in the United States are falling apparently, down 6% so far this year to around 1.8 million metric tons, according to Reuters, the lowest since July 2009. This is all the more remarkable as global inventories have risen to new records with the market still in massive...
LME wants aluminum warehousing suits heard in New York
The London Metal Exchange asked a panel of U.S. judges on Thursday to assign a federal court in Manhattan to handle a series of antitrust lawsuits that allege the world's largest metal exchange, two of Wall Street's biggest banks and big commodity merchants conspired to raise the price of aluminum....
Sapa Heat Transfer renamed Gränges
A venerable brand is resurrected when Sapa Heat Transfer changes its name to Gränges. As part of the restructuring of the Sapa Group, the business area that manufactures rolled aluminium material for the global heat exchanger industry becomes a separate company with its own brand. The new Gränges...
IBC Engineered Materials collaborating with Lockheed Martin
IBC Advanced Alloys Corp. reports that its wholly owned US subsidiary, IBC Engineered Materials Corp. is in the final stages of a materials and production qualification process with Lockheed Martin’s F-35 Electro-optical Targeting System (EOTS) team based in Orlando, Florida. IB-EMC is working...
Secondary aluminium smelters’ scrap prices fall in USA
Prices for most grades of secondary aluminium smelters’ scrap fell on December 2, precipitated by lower demand from mills and weakening terminal markets, according to industry sources. Several sellers said they had seen reduced demand from most domestic consumers over the past week. “What I am...
Bankruptcy of aluminum processor/foundry hits Wilmington Iron, Metaldyne
Wilmington Iron and Metal and Metaldyne Bluffton were the largest unsecured creditors in the bankruptcy filing of US recycler Global Scrap Management along with its aluminum foundry division Altimet, which filed for Chapter 11 protection November 26 in US Bankruptcy Court, Southern District of...
Aluminum can be more valuable than gold, silver
Humble aluminum's plasmonic properties may make it far more valuable than gold and silver for certain applications, reckons a new research done by scientists with Rice University of the United States. Because aluminum, as nanoparticles or nanostructures, displays optical resonances across a much...
